Digital currency derivatives ban now in effect in UK
The ban on sale of digital currency derivatives that was first proposed by the U.K. Financial Conduct Authority is now in effect.
Latest Financial Conduct Authority News
FCA extended ‘temporary registration regime’ provides relief for digital currency firms
The UK regulator’s new temporary regime would run until July 9, 2021, and would apply to existing digital currency businesses who have yet to secure a required license to operate.
UK FCA warns against digital currency platform Markets Pilot
Markets Pilot, allegedly based in the Caribbean island nation of Dominica, has been targeting U.K. residents with its investment and trading platform, according to the FCA.
South Africa regulator drafts bill to regulate digital currency service providers
In its draft bill, the Financial Sector Conduct Authority is proposing that all service providers register as financial service providers.
UK Financial Conduct Authority bans sale of ‘cryptoasset’ derivatives
The move was announced by the U.K. regulator, representing the conclusion of more than a year’s worth of consultation.
FCA bans crypto derivatives sale to retail investors
The Financial Conduct Authority has banned the sale of crypto-derivative products to retail investors in the UK; the ban becomes effective January 6 2021.
Bitstocks secures FCA license for payment services
Bitstocks, the company behind Gravity, is now registered with the U.K. Financial Conduct Authority as an EMD Agent.
Here’s why Bitcoin is automatically FCA compliant
The FCA’s proposal will require digital currency service providers to make significant operational changes so that they can be compliant.
FCA eyes extending money laundering obligations for digital currency firms
New proposals from the U.K.’s financial regulator could see more firms required to report on managing the risks of financial crimes.
FCA gives Gemini, Archax exchanges green light to operate in UK
The financial regulator has added Gemini Europe Limited and Archax exchanges to its list of registered cryptoasset firms.
UK’s first digital currency hedge fund exiting space over lack of demand
Prime Factor Capital was the first fund of its kind to win the approval of the Financial Conduct Authority only in the summer of 2019.
UK to regulate digital currency ads as financial promotions
Regulators in the United Kingdom are preparing to treat digital currency ads like other financial promotions.