Financial Conduct Authority

FCA research shows 12% of UK adults own digital assets
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3 December, 2024

FCA research shows 12% of UK adults own digital assets

The U.K.'s FCA published a research on consumer attitudes, finding that 12% of adults owned digital assets and that awareness...
UK watchdog defends ‘too tough’ digital currency standards
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1 November, 2024

UK watchdog defends ‘too tough’ digital currency standards

The FCA's blockchain and digital currency standards focus on AML/CFT compliance, consumer protection, communications standards, operational resilience, and stablecoin-specific regulations.
US hopeful for new regulations; UK defends ‘crypto’ approach
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24 October, 2024

US hopeful for new regulations; UK defends ‘crypto’ approach

Amid the impending lame-duck Congress, the U.S. remains optimistic that the two tabled digital asset regulations will pass this year,...
Telegram Wallet disabled in UK; PayPal targets businesses
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3 October, 2024

Telegram Wallet disabled in UK; PayPal targets businesses

The in-app Telegram Wallet says it disabled the services to seek regulatory clearance from the FCA, despite having been operational...
UK digital asset registration dips, compliance rises
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2 September, 2024

UK digital asset registration dips, compliance rises

The Financial Conduct Authority has registered a 51% slump in digital asset applications in the last three years, while the...
UK fines Coinbase £3.5M for ‘repeated and material breaches’ of financial crime controls
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26 July, 2024

UK fines Coinbase £3.5M for ‘repeated and material breaches’ of financial crime controls

The FCA fined a £3.5 million (US$4.5 million) penalty on Coinbase's CB Payments Limited for "repeatedly breaching a requirement that...
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