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Financial Conduct Authority

UK financial watchdog calls for collaboration with digital currency firms
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28 April, 2023

UK financial watchdog calls for collaboration with digital currency firms

Sarah Pritchard, executive director at the Financial Conduct Authority, described the growing industry as "unchartered territory" for industry participants, making...
UK ups ante on illegal financial promotion, partners with ‘Love Island’ star
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12 April, 2023

UK ups ante on illegal financial promotion, partners with ‘Love Island’ star

While the checklist guides influencers in properly promoting digital currencies, regulators in the United Kingdom say they remain adamant about...
UK financial regulator mulls improving tokenization, asset management
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22 March, 2023

UK financial regulator mulls improving tokenization, asset management

The Financial Conduct Authority wants to improve the country's asset management through tokenization, highlighting its benefits, including eliminating third-party participants...
UK digital asset industry needs tough regulations to ‘detoxify,’ FCA says
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13 March, 2023

UK digital asset industry needs tough regulations to ‘detoxify,’ FCA says

In a recent hearing before lawmakers, Financial Conduct Authority CEO and Chair Ashley Alder said that regulations are critical, but...
FCA takes further action against unregistered crypto ATMs in East London
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10 March, 2023

FCA takes further action against unregistered crypto ATMs in East London

The Financial Conduct Authority is ramping up efforts to clamp down on unregistered crypto ATMs, working alongside the National Economic...
UK banks HSBC and Nationwide limits digital currency purchases with credit cards: report
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7 March, 2023

UK banks HSBC and Nationwide limits digital currency purchases with credit cards: report

HSBC and Nationwide are not the only banks with digital currency purchase restrictions in the U.K., as Santander, Lloyds Bank,...
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