FCA provides marketing rules guidance for crypto firms
The FCA will shortly publish a Discussion Paper that sets out proposals for regulating stablecoins for use in payments in the UK.
The FCA will shortly publish a Discussion Paper that sets out proposals for regulating stablecoins for use in payments in the UK.
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.
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.
Under plans set out by the UK government today, it will seek to regulate a broad suite of cryptoasset activities.
Around 85% of crypto firms who applied to the FCA were unable to demonstrate they met the minimum standards.
The Treasury Committee will hold the first session of its inquiry into the crypto-asset industry at 3.15pm on Monday 14 November.
The UK FCA has opened 432 cases against potential unregistered or scam crypto businesses in 2021/22.
The inquiry will focus on a range of key areas including the UK’s current approach to regulation of crypto and digital assets.
Standard Chartered-backed Zodia Markets receives FCA crypto registration and launches institutional exchange and brokerage in the UK.
The UK will also proactively explore the potentially transformative benefits of Distributed Ledger Technology (DLT) in UK financial markets.