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Financial Conduct Authority

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...
UK’s financial watchdog clamps down on digital currency promotion with new regulations
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8 July, 2023

UK’s financial watchdog clamps down on digital currency promotion with new regulations

VASPs in the U.K. have until October 8 to comply with the new rules laid out by the FCA, which...
UK financial regulator warns unregistered firms to prepare for incoming digital asset promotion rules
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6 July, 2023

UK financial regulator warns unregistered firms to prepare for incoming digital asset promotion rules

The Financial Conduct Authority wrote to unregistered firms marketing digital assets to U.K. customers, warning them to comply with the...
UK passes bill recognizing digital assets as regulated financial activity
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3 July, 2023

UK passes bill recognizing digital assets as regulated financial activity

The FSMB bill passing extends the banking rules of the FSMA 2000 to stablecoins and digital assets, meaning digital assets...
Bitstamp meets steep requirements to register with UK’s financial regulator
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17 June, 2023

Bitstamp meets steep requirements to register with UK’s financial regulator

The new Bitstamp registration brings the total number of licensed firms by the Financial Conduct Authority to 42 as the...
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