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Nalezeno "financial conduct authority": 104

UK Crypto Firms Can Apply for 3-Month Reprieve to Comply With Tough New Ad Rules

7.9.2023
Bans on aggressive marketing were set to take effect in October, but companies can apply to delay some aspects until January

Crypto Exchange Kraken's UK Derivatives Unit Looking to Expands Its Service: Bloomberg

7.9.2023
The firm is looking move into a void in the crypto derivatives market left when FTX collapsed last November

UK's Travel Rule comes into effect, could halt certain crypto transfers

1.9.2023
The crypto Travel Rule, which came into effect on Sept. 1, aims to stop anti-money laundering and counter-terrorist financing activities carried out on-chain

UK Regulator: Crypto Asset Businesses Expected to Comply with the Travel Rule Starting in September

19.8.2023
According to the United Kingdom’s Financial Conduct Authority, crypto asset firms operating in the country will be required to comply with the Financial Action Task Force’s travel rule starting on Sept. 1, 2023. Crypto asset businesses will be required to take “all reasonable...

Paypal Pauses UK Crypto Purchases Amid Regulatory Changes; Assures Resumption in Early 2024

16.8.2023
In recent communications to its U.K. clientele, Paypal has announced a temporary suspension of cryptocurrency purchases starting October 1, 2023, with plans to resume in early 2024. Notably, even amidst this hiatus, users can continue to hold their crypto within the Paypal ecosystem and are free...

UK FCA Chief Warns Against Judging Crypto Firms by Size for Approval Decisions

19.7.2023
The FCA has turned down some of the largest crypto firms in the world in the last 18 months, its CEO Nikhil Rathi told lawmakers at a hearing

Even Unpaid Social Media Crypto Promotions May Breach UK Ad Rules: Financial Regulator

18.7.2023
The Financial Conduct Authority (FCA) gained oversight of crypto promotions with the approval of the Financial Services and Markets Act in June

UK Regulator Continues Crackdown on Crypto ATMs, Checks 18 New Sites

11.7.2023
The U.K.’s Financial Conduct Authority (FCA) is proceeding with efforts to shut down all bitcoin ATMs “illegally operating” in the country. After more inspections in the past couple of months, the watchdog vowed to continue to take action against operators of unregistered crypto teller machines....

a16z opening London crypto office citing 'predictable' environment

12.6.2023
The expansion came following a “productive dialogue” with the U.K. Prime Minister and “months of constructive conversations” with UK policymakers, a16z’s general partner said

UK’s FCA Continues Crackdown on Unregistered Crypto ATMs

5.5.2023
The regulator, alongwith the local police raided sites in Exeter, Nottingham and Sheffield, saying that the cash-to-crypto converters are unlawful and a money laundering threat

Crypto Has Evolved From Being Seen as an ‘Anti-Establishment Rebellion Asset’ Says FCA Executive Director

26.4.2023
From being seen as a small “anti-establishment rebellion asset” more than ten years ago, crypto has grown to “become more widespread,” says Sarah Pritchard, an executive director at the United Kingdom’s Financial Conduct Authority (FCA). Pritchard said while the...

UK financial watchdog to crypto industry: ‘Let’s work together’

26.4.2023
The Financial Conduct Authority wants input from crypto companies on moving forward with regulations

UK uses Love Island star to warn finfluencers on crypto and investment schemes

7.4.2023
The financial and advertising regulators posted a seven-part checklist to ensure these social media stars stay within the bounds of the law

UK Widens Crackdown on Unauthorized Crypto ATMs

9.3.2023
Britain’s top financial regulator, the Financial Conduct Authority (FCA), has widened its crackdown on unauthorized cryptocurrency ATMs. “There are currently no crypto ATM operators registered with the FCA, which they must be to operate legally,” the regulator noted. FCA Cracks...

HSBC, Nationwide Impose New Restrictions on Cryptocurrency Purchases in UK

3.3.2023
HSBC and Nationwide have imposed new restrictions on cryptocurrency purchases in the U.K. The two financial institutions cited a warning from the Financial Conduct Authority (FCA), the British regulator overseeing the financial services industry, regarding the risks involved in purchasing...

UK Police Raid Crypto ATM Sites — Regulator Says No Crypto ATMs Have Been Approved

15.2.2023
Police in the U.K., in collaboration with the Financial Conduct Authority (FCA), have raided several sites allegedly hosting cryptocurrency ATMs. “No crypto ATM operators currently have FCA registration,” the British financial regulator stressed, adding that it is “working with...

Rwanda Government Orders Banks to Stop Facilitating Crypto-Related Transactions

14.2.2023
According to the National Bank of Rwanda, the country’s regulated financial services providers are now prohibited from facilitating crypto-related transactions. In her Jan. 31 letter justifying the decision, the acting governor Soraya Hakuziyaremye cites the unregulated status of most crypto...