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The Discussion Paper reflects insights gained from a series of FCA-led crypto roundtables held with the industry earlier in the year.
FCA, featured, UK crypto regulation
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The UK Financial Conduct Authority (FCA) has published its latest research on consumer attitudes and behaviours towards crypto.
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All firms communicating financial promotions must make sure they have strong systems and controls for compliance in place.
crypto marketing rules, FCA, featured, UK crypto regulation
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The FCA will shortly publish a Discussion Paper that sets out proposals for regulating stablecoins for use in payments in the UK.
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PayPal’s UK crypto license is one of only four granted by the FCA during 2023 – the other being to Bitstamp, Komainu, and Interactive Brokers.
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The FCA has issued a final warning for cryptoasset firms marketing to UK consumers and those supporting them to get ready for the financial promotion regime.
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Under plans set out by the UK government today, it will seek to regulate a broad suite of cryptoasset activities.
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Around 85% of crypto firms who applied to the FCA were unable to demonstrate they met the minimum standards.
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The Treasury Committee will hold the first session of its inquiry into the crypto-asset industry at 3.15pm on Monday 14 November.
FCA, featured, UK crypto regulation
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The UK FCA has opened 432 cases against potential unregistered or scam crypto businesses in 2021/22.
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