Tag Archives: fca

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

CoinspeakerBaanx Secures $20 Million to Drive Innovation in Crypto Payments Baanx plans to expand its footprint outside the UK market to the United States and Latin America later this year at an undisclosed date. Baanx Secures $20 Million to Drive Innovation in Crypto Payments

CoinspeakerUK Government Aims for New Crypto Regulation Milestone within 6 Months The government has expressed the need to create an environment that encourages investment, innovation, and scalability for crypto entities. UK Government Aims for New Crypto Regulation Milestone within 6 Months

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...

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...

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...

DSS will enable companies to establish financial market infrastructure leveraging digital asset technology. The United Kingdom is set to establish a new Digital Securities Sandbox (DSS) next year to foster innovation in the digital securities sector. The move marks the second crypto-related sandbox initiative in the UK as it continues to solidify its stance in the evolving world of finance and blockchain technology. For clarity, a sandbox is a controlled testing environment for individuals...

The recent decision by Bybit to suspend its operations in the United Kingdom is not an isolated incident within the crypto industry. In a sudden turn of events, crypto exchange Bybit has announced its decision to suspend its operations in the United Kingdom. This move comes just a week after the company expressed its commitment to explore all available options to continue operating within the country. Bybit Exchange’s Proactive Response to FCA The company has outlined a timeline for these...

eToro, die Trading- und Investmentplattform, hat heute bekannt gegeben, dass ihr Antrag auf Registrierung unter dem CySEC CASP (Crypto Asset Service Provider) Register genehmigt wurde. Damit macht eToro den bestehenden Bitcoin-Börsen konkurrenz. Die Registrierung versetzt eToro in die Lage, regulierte Krypto-Dienstleistungen in allen EU-Ländern auf grenzüberschreitender Basis über eine einzige Einrichtung, nämlich eToro (Europe) Digital Assets Ltd, anzubieten, sobald die EU-Verordnung über...

Bybit’s approach is grounded in cooperation and compliance, seeking to create a harmonious relationship with UK regulators and authorities. Bybit, a prominent crypto exchange remains steadfast in its commitment to stay in the United Kingdom with CEO Ben Zhou reiterating that “leaving the UK is not part of our current strategy”. The New Regulatory Landscape in the UK Crypto has been the subject of intense scrutiny by regulatory authorities around the world. The UK is no exception, and its...