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Nalezeno "firms": 1310

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...

JPMorgan Survey: 49% of Institutional Investors Agree Cryptocurrency Is ‘Rat Poison’ as Warren Buffett Says or a Fad

24.6.2021
Investment bank JPMorgan conducted a survey of thousands of investors from 1,500 institutions and found that 49% of them think that cryptocurrency is either “rat poison squared,” the term used by Berkshire Hathaway CEO Warren Buffett to describe bitcoin, or “a temporary...

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.”

Spanish Crypto Firms will Have to Run their Campaigns Past Regulator

16.6.2021
A leading Spanish financial markets regulator is set to begin policing crypto firms’ advertising campaigns – in direct response to a recent “aggressive” campaign that saw Madrid billboards plastered in crypto advertisements. According to Finanzas, the nation’s National Securities Market Commission...

Europe Raises 20 Unicorns This Year Including Crypto Companies

15.6.2021
Twice as many European startups have achieved unicorn status in 2021 compared to last year. Despite the negative effects of the ongoing Covid crisis, young companies on the Old Continent, including several crypto unicorns, have managed to attract a record high amount of VC capital. European...

Remittance firms hesitant to support BTC despite legal tender law in El Salvador

14.6.2021
Remittance firms operating in El Salvador appear reluctant to support Bitcoin despite the country's new law mandating the crypto asset as legal tender

Funding Roundup: Innovative Projects Attract Bigger Sums from Global VCs and Angel Investors

10.6.2021
Amidst the stratospheric rise of defi and heightened demand for unique and innovative solutions, the global community of angel investors and VC firms is continuously engaging in private funding rounds and token sales. The resulting flood of capital demonstrates that entrepreneurs and startups play...

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...

EZ Blockchain Partners With Texas-Based Oil Provider to Monetize Wasted Natural Gas With Bitcoin

30.5.2021
While a number of media pundits and politicians have been talking about Bitcoin’s energy consumption, there’s been a myriad of firms working toward green solutions well before all the controversy. Unfortunately, critics don’t highlight the amount of renewables miners use or...

Circle Captures $440 Million in Financing, Rumors of SPAC Deal Follow

29.5.2021
The Boston-based cryptocurrency finance firm Circle has announced the company has raised $440 million in financing in order to “drive market expansion and growth.” The investment was led by prominent finance firms like Digital Currency Group, Fidelity Management and Research Company...

Q1 SEC Filing Shows Argentinian Tech Giant Globant Invested in Bitcoin

29.5.2021
Globant, one of the big four tech firms in Argentina, has quietly made its first foray into the world of cryptocurrency investing, according to its latest filing to the SEC. The firm bought bitcoin during the first three months of this year, and is now part of a select number of LATAM unicorns that...

Crypto firms not meeting AML standards, says UK minister

28.5.2021
Only five crypto firms have received FCA AML registration after the authority became the official money laundering supervisor for crypto businesses last year

Executives from China’s Largest Bitcoin Mining Firms Speak About Regulatory Crackdown

27.5.2021
During the course of the week, the cryptocurrency community has been focused on China and the country’s Financial Stability Board detailing that it aims to crack down on the bitcoin mining sector. Following the statements from Chinese officials and a few crypto businesses abandoning services...

Amid Stern Warnings from China Crypto Firms Huobi and Okex Halt a Few Services

24.5.2021
On Friday, the cryptocurrency community discussed a report stemming from China’s 51st meeting of the Central Financial and Economic Affairs Commission that reiterated warnings about bitcoin mining. The following Sunday, reports disclosed the cryptocurrency operation Huobi has suspended...

Kenyan Regulator Commends Its Regulatory Sandbox— Says the Test Phase Enables It to Have Interactions With Innovators

21.5.2021
According to a new report published by the Capital Markets Authority (CMA) of Kenya, the country’s regulatory sandbox has now received 24 applications, queries, and proposals since March 2019. From this total, only seven firms have been admitted into the sandbox, and “a few more (are...

Crypto Products – a Norm for US Financial Firms; DeFi Grows

19.5.2021
While the cryptocurrency market is facing a tough period, it is not losing at all. Recently, a leading derivative marketplace announced Micro Bitcoin futures, helping the crypto sector showcase its relevance. The platform will help investors avoid high costs to improve their crypto investment...