Tag Archives: fca

Amid growing concerns about consumer protection, market integrity, and financial crimes, the FCA has increased its scrutiny of the crypto sector. The UK’s Financial Conduct Authority (FCA) has approved Bitstamp’s registration as a crypto asset firm. Following the approval, Bitstamp became only the third firm to obtain the FCA license as a crypto exchange, following Gemini and Archax. Bitstamp Secures FCA Approval According to the FCA’s crypto register, Bitstamp UK Limited secured...

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Copper Technologies – a crypto firm that employs former United Kingdom Chancellor Philip Hammond as its adviser – has encountered some difficulties whilst trying to operate in its home country. As a result, the company has withdrawn its application to expand in the UK. Copper Technologies Is Leaving the UK Copper had trouble when gaining approval from the financial regulator, which as we all know by now, is not particularly keen on crypto. The agency – known as the...

The Financial Conduct Authority (FCA) – the monetary watchdog of the United Kingdom – has issued a statement condemning all bitcoin and crypto ATMs as illegal. The organization is now ordering all crypto ATMs operating in the country to be shut down immediately. The FCA Isn’t a Fan of Crypto ATMs The FCA has long been a crypto hater, claiming that the industry is not regulated and thus presents too many risks to investors. It has worked hard to ensure that the industry...

Celebrity and reality star Kim Kardashian is taking some guff from the U.K. Financial Conduct Authority (FCA) for a recent Instagram post involving cryptocurrency. Kim Kardashian and the FCA Go Head to Head The post discussed a new crypto asset known as Ethereum Max, and Kardashian is getting the stink eye after asking all her followers to consider joining the “Ethereum Max Community.” Charles Randell – head of the FCA – stated in an interview that this could have been...

Ein Foto aus dem Jahr 1912 vom Gebäude des Schweizer Bankvereins an der Bahnhofstrasse 44 (Heute UBS AG). Foto: Gemeinfrei / Public Domain Der Bankkonzern UBS hat eine Warnung vor der Bitcoin-Blase ausgesprochen. Die UBS Bank warnt vor einem Platzen der Blase und sieht vor allem zunehmende Regulierungsmassnahmen als treibenden Faktor. Auch andere Konzerne schliessen sich der...

A division of Binance has been banned in the United Kingdom. Regulators from within the country are no longer permitting a sector of one of the world’s biggest and most popular cryptocurrency exchanges to provide services to residents of the UK as they work out regulatory guidelines for the crypto space. Binance Markets Limited Is No Longer Working in the UK While Binance.com is still accessible to traders in the country, they will no longer be able to garner services...

It looks like Britain is set to fall behind when it comes to holding a strong presence in the crypto space. The country’s top financial watchdog announced yesterday that it would be banning the sale of crypto products to all retailers that work to track the prices of well-known digital assets such as bitcoin and Ethereum. The governing body claims that too many people have lost money on these assets, and thus they are dangerous and should not be in commission.Britain Seeks to Ban...

Studie: in Grossbritannien besitzen 3.86% der Bevölkerung Bitcoin Rund 3.86 Prozent aller Menschen in Grossbritannien verfügen über Krypto-Währungen wie Bitcoin. Dies hat eine Studie der britischen Finanzmarktaufsichtsbehörde (FCA) ergeben, welche der Bevölkerung zudem weitreichende Kenntnisse über Volatilität und Schutz der digitalen Vermögenswerte zuspricht. Demnach sind...

It looks like more people in the United Kingdom are working to get their fingers on digital currencies.The United Kingdom: Crypto’s Latest HomeThe UK was one of the hardest-hit countries when the coronavirus first began spreading outside of Asia. The nation has faced more than 300,000 cases and has been smacked with more than 40,000 deaths, according to varying sources, while recently, counties such as Leicester have been shut down completely. Prime Minister Boris Johnson has referred to the...