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Binance resumes fiat withdrawals via Faster Payments in UK
1.7.2021
Binance has uploaded a notice to its U.K. website stating that Binance Markets Limited is not licensed to undertake regulated activities in the United Kingdom
64 Cryptocurrency Firms Have Withdrawn Applications to Operate in UK, FCA Says
30.6.2021
A growing number of crypto firms in the U.K. are withdrawing their applications to register with the Financial Conduct Authority (FCA). Around 64 firms have already withdrawn their applications and will not be able to operate in the U.K. The list of cryptocurrency companies abandoning their...
13 more crypto firms withdraw licensing applications in the UK
29.6.2021
Local and international crypto businesses in the United Kingdom seem unable to meet stringent demands set by financial regulators
Binance suspends popular fiat ramp for U.K. customers amid regulatory crackdown
29.6.2021
Faster Payments is no longer an option for Binance customers in Britain amid increasing regulatory pressure
Regulators in UK, Japan Issue Warnings on Binance Amid Crackdown on Unauthorized Crypto Exchanges
27.6.2021
Top financial regulators in England and Japan have independently issued warnings on Binance for offering crypto exchange services to residents of the two countries without being registered with the regulators as required by law. Japanese Regulator’s Warning Japan’s top financial...
London Stock Exchange-listed firm inks FCA’s approval for crypto services
24.6.2021
Mode’s crypto arm Fibermode is now an official crypto asset firm in the United Kingdom, pursuant to FCA’s amended AML regulations
FCA Warns 111 Crypto Firms Are Operating Illegally in UK — Says ‘This Is a Very Real Risk’
24.6.2021
U.K.’s financial regulator, the Financial Conduct Authority (FCA), has warned that 111 companies are offering crypto services in the country without proper registration. “This is a very real risk so we are worried about that,” said the regulator’s head of enforcement...
UK regulator warns against 111 unregistered crypto companies... and FOMO
23.6.2021
The Financial Conduct Authority has warned U.K. consumers of dealing with 111 unregistered crypto firms, calling it “a very real risk.”
TSB Bank Plans to Ban Cryptocurrency Purchases Due to Increasing Fraud Numbers: Report
21.6.2021
TSB, a British bank, is planning to ban cryptocurrency purchases due to fraud concerns. The company reported an alarming number of fraudulent transactions on cryptocurrency purchases. Reportedly, transactions involving Binance, the cryptocurrency exchange behemoth, are involved in two-thirds...
FCA’s Fourth Consumer Report Shows UK’s Crypto Asset Ownership Increased 27% Since Last Year
17.6.2021
The UK’s Financial Conduct Authority (FCA) has published a research report that reveals crypto asset ownership has increased a great deal. According to the study, crypto ownership spiked more than 27% since last year as the FCA’s estimates show 2.3 million adults hold digital...
Over 2 million adults in UK now hold crypto, FCA survey finds
17.6.2021
Crypto awareness in the U.K. has risen, but understanding has fallen, the FCA said following a new survey
51 crypto firms withdraw licensing applications in the UK
4.6.2021
The inability to satisfy Anti-Money Laundering standards set by regulators in the United Kingdom is reportedly forcing many crypto companies out of business
UK Regulator Extends Temporary Registrations Regime as Crypto Firms Fail to Meet AML Rules
4.6.2021
Many companies operating with cryptocurrencies are not meeting anti-money laundering regulations, the U.K.’s Financial Conduct Authority revealed. The government agency has extended its temporary registration scheme after facing a growing number of crypto firms that are withdrawing their...
UK FCA buys another 9 months to review crypto companies’ registrations
3.6.2021
The Temporary Registrations Regime's end date for crypto companies has been pushed to March 2022
Diginex's crypto custody arm receives green light from UK financial watchdog
14.5.2021
The firm said clearing the regulatory hurdle had the potential to drive more institutional investors towards crypto custody solutions
UK crypto firms must now submit yearly financial crimes reports
31.3.2021
Financial crimes reporting obligations are irrespective of a crypto firm’s total annual revenue
Forex and crypto investors seek thrills and social status, says FCA study
23.3.2021
A new study commissioned by the United Kingdom's Financial Conduct Authority found that the profile of cryptocurrency traders skews towards thrill-seeking, trading on gut “instinct.”
Cryptocurrency exchange Bybit shuts up shop in UK in compliance with FCA ban
5.3.2021
Bybit will stop serving customers from U.K.-based IP addresses starting March 31, following the FCA's ban on all cryptocurrency derivatives trading
FCA releases detailed 5-point plan to make UK a fintech powerhouse
26.2.2021
A 108-page report details how the United Kingdom can retain its status as one of the global centers for fintech innovation and business
UK’s FCA crypto derivatives ban may push retail investors to riskier grounds
14.1.2021
U.K.’s FCA banning retail investors from engaging with crypto derivatives takes away risk hedging opportunities