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Tag Archives: fca

Nexo Reopens UK Operations with Enhanced Compliance and Client Education

Nexo’s new onboarding process follows FCA requirements, improving user risk awareness. The platform’s 10-month halt allowed for a full modify to meet UK regulatory standards. Nexo, a centralized cryptocurrency lender, has restarted client registrations in the United Kingdom after a 10-month halt. The delay was first triggered in December 2023 owing to changes in regulatory requirements. Nexo has now improved its operations to satisfy Financial Conduct Authority (FCA) compliance standards,...

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Geht SHEIN in London an die Börse?

Der bekannte Online-Modehändler SHEIN, der für seine günstige Kleidung bekannt ist, plant einen Börsengang in London.. Eines ist klar, SHEIN ist bereits jetzt grösser als Zara und H&M. Mit einer Bewertung von circa 66 Milliarden Dollar wäre dies für die Londoner Börse der der grösste Börsengang aller Zeiten. Vor kurzem haben Temu-Aktien und der Börsengang von Reddit ziemlich hohe Wellen geschlagen. Kommt jetzt die grosse SHEIN-Show? Londoner Börse: So läuft ein Börsengang (IPO) ab Ein...

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London Stock Exchange to Start Considering Bitcoin and Ethereum ETN Applications

CoinspeakerLondon Stock Exchange to Start Considering Bitcoin and Ethereum ETN Applications The London Stock Exchange (LSE) stipulates that crypto ETNs must be physically backed and non-leveraged. Additionally, these assets must be held by a custodian compliant with Anti-Money Laundering regulations. London Stock Exchange to Start Considering Bitcoin and Ethereum ETN Applications

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United Kingdom Seeks to Strengthen Its Digital Asset Sector

The UK government appears to be intent on expanding digital assets throughout the nation. To this effect, it now looks forward to passing legislation to implement the Digital Securities Sandbox (DSS). Recent efforts by the United Kingdom (UK) suggest that the nation may be looking to expand its digital assets sector. This follows the news that British Finance Minister Jeremy Hunt recently announced new legislation to that effect. This statement came alongside a mini-budget of 110 measures...

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UK Government Publishes Regulatory Framework for Crypto Assets and Stablecoins to Prevent FTX 2.0

Following the collapse of Terra Luna and FTX last year, the UK policymakers have committed to introducing a new regulatory regime for crypto assets and stablecoins to ensure sustainable and secure mainstream adoption. The United Kingdom policymakers have in the past year worked closely with different financial institutions and other stakeholders in formulating detailed regulatory frameworks for cryptoassets and stablecoins. According to CryptoUK, the trade body formed to represent the...

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Singapore, UK, Swiss, and Japan Regulators Collaborate on Asset Tokenization Pilots

The countries created a policymaking group to further the asset tokenization tests and help with navigating legal and compliance concerns. Government agencies in multiple countries are collaborating on asset tokenization tests with real-world assets. In a Monday announcement from the Monetary Authority of Singapore (MAS), regulators in Japan, Switzerland, Singapore, and the UK are all working on tokenization pilots in foreign exchange, fixed income, and asset management products. The...

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