BitMex strangely quiet after FCA warning
With the FCA’s warning against BitMEX still standing, a history of scandal and regulatory problems is coming back to bite the exchange.
With the FCA’s warning against BitMEX still standing, a history of scandal and regulatory problems is coming back to bite the exchange.
The financial regulator takes down its warning that the US-based exchange was operating illegally in the country .
The U.S.-based crypto exchange is being called out by financial regulators in the U.K.
FCA is looking for an “Intelligence Associate” to work within its Enforcement & Market Oversight division, on a 12-month full-time basis.
The new guidelines will see some companies paying much more than initially expected.
A subsidiary of crypto financial services company BCB Group has been approved as an Authorised Payment Institution by regulators.
The FCA has assumed more oversight responsibility in the crypto industry, including becoming the KYC and AML enforcer. Companies will need to be licensed afresh.
Effective January 3, 2020, FCA-licensed exchange Coinfloor will no longer offer access to Ethereum trading.
There has been a 74% increase in the total number of crypto-related investigations at this point as compared to October 2018, according to the U.K. Financial Conduct Authority.
The Financial Conduct Authority has issued a warning to the public regarding a clone firm that claims to offer investment services in cryptocurrency, stocks and forex.
U.K.-based CoinShares is seeking to enlist the support of its customers to lobby against proposed regulations by the Financial Conduct Authority.
Reuters learned Facebook had met with the Bank of England, the Treasury and regulatory officials before going public with its planned launch.