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Financial Conduct Authority
FTX gets spanked by UK watchdog, Alameda to repay Voyager debt
The U.K.’s Financial Conduct Authority (FCA) has warned consumers that FTX is operating in the U.K. without local permission, putting...
UK’s ePayments shuts down due to FCA’s AML concerns
ePayments, which had over 250,000 clients, was ordered to freeze operations in early 2020 after the FCA found weaknesses in...
UK regulator accuses Revolut of ‘material misstatement’ in audit report
The Financial Reporting Council says Revolut’s auditing had an “unacceptably high risk of material misstatement” amid cost-cutting under Project Prism.
UK bipartisan group launches inquiry on digital asset regulations
The Crypto and Digital Assets All Party Parliamentary Group wants to hear from the public on regulations, CBDCs, the role...
UK fintech unicorn Revolut on hiring spree for digital assets division
Revolut is bucking this year’s massive tech layoffs tide, raising headcount by 20%, including in its digital assets business which...
FCA issues tougher ad rules for risky assets, pledges to target digital assets next
FCA published new guidelines prohibiting flashy ads that don’t portray the risks that such investment comes with, and digital assets...
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