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Financial Conduct Authority

PayPal receives digital asset green light in the UK
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5 November, 2023

PayPal receives digital asset green light in the UK

After pausing some digital asset services in August, PayPal has now joined 42 other companies registered by the FCA to...
Digital asset firms have already breached new UK promotion rules 221 times
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30 October, 2023

Digital asset firms have already breached new UK promotion rules 221 times

The FCA identified three key issues that led to the breach: making claims about the safety of digital asset services,...
Binance’s terror ties grow, trading volume shrinks, US dollars disappear
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18 October, 2023

Binance’s terror ties grow, trading volume shrinks, US dollars disappear

Binance downplays reports of customer accounts linked to terror groups, but figures unveiled in a new report say otherwise, with...
UK: Snapchat warned over privacy risks with AI chatbot
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13 October, 2023

UK: Snapchat warned over privacy risks with AI chatbot

In response to the warning from the U.K. watchdog, Snapchat said that its AI offering was subjected to multiple legal...
New UK rules on digital asset promotions come into force this week
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10 October, 2023

New UK rules on digital asset promotions come into force this week

Under the new rules that came into force on October 8, it is a criminal offense for unlicensed digital asset...
UK plans to launch Digital Securities Sandbox in 2024
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6 October, 2023

UK plans to launch Digital Securities Sandbox in 2024

Helen Boyd, head of the Financial Conduct Authority, said the new sandbox pilot would explore tokenized instruments, acting more as...
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