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Financial Conduct Authority

From pilot to permanent: The journey of UK’s innovative digital sandbox
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25 July, 2023

From pilot to permanent: The journey of UK’s innovative digital sandbox

After two successful pilots, U.K.'s digital sandbox will soon become a permanent fixture of the market-facing tools available for firms...
FCA pushes for stricter digital currency promotions with new rules for social media ads
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22 July, 2023

FCA pushes for stricter digital currency promotions with new rules for social media ads

The Financial Conduct Authority has received the nod from Parliament to regulate digital currency promotions following the approval of the...
UK watchdog: Memes are non-compliant with financial rules
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20 July, 2023

UK watchdog: Memes are non-compliant with financial rules

The FCA disclosed that the incoming rules would focus on the social media promotion of digital and other financial assets,...
UK digital asset regulation: Gambling or finance?
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17 July, 2023

UK digital asset regulation: Gambling or finance?

Proposals to integrate digital assets into U.K. financial regulation were briefly plunged into doubt by the Treasury Select Committee in...
FCA shuts down 26 digital currency ATMs illegally operating in UK
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15 July, 2023

FCA shuts down 26 digital currency ATMs illegally operating in UK

Steve Smart, FCA's executive director of enforcement and market oversight, noted that users' funds in digital currency ATMs "will not...
UK: Bulk of digital currency firm license applications rejected by FCA
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12 July, 2023

UK: Bulk of digital currency firm license applications rejected by FCA

The financial regulator argues that its AML/CFT laws on "crypto assets" would help bring extra credibility to the U.K., a...
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