Tag Archives: fca

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...

ePayments Systems Ltd had to suspend online payment operations after the Financial Conduct Authority (FCA) order due to AML concerns.The Financial Conduct Authority (FCA) has ordered ePayments Systems Ltd to suspend all its operations based on a lapse in its anti-money laundering set procedures. This action will see thousands of registered account holders with the electronic money institution frozen and not able to transact until it meets the set standards by FCA.The news was conveyed through...

Crypto and blockchain job seekers are in for a treat. One of the primary financial regulators – the Financial Conduct Authority (FCA) – in the United Kingdom is looking for someone who can serve in a crypto/ blockchain capacity and help them better understand the properties and abilities behind distributed ledger technology.The FCA Is Searching Far and WideThe job post reads as follows:You will enjoy a unique view of the financial services industry, law enforcement partners and UK government...

Popular stock-trading startup Robinhood has decided that it is no longer interested in becoming a federally insured bank. Months ago, the company applied for a bank charter with the Office of the Comptroller of the Currency (OCC), in an effort to become a fully-fledged bank but has now decided to shelve said plans.According to the statement, the company has taken this step to shift its attention away from banking to its own core business directed at improving the efficiency of the financial...

The Robinhood investment app platform has just announced that its Robinhood Crypto feature has just added more U.S. states to its platform. Previously servicing 39 states, the 8 new additions now mean that Robinhood Crypto is now available to a total of 47 states.With Robinhood Crypto, users can trade seven digital assets including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin SV (BSV) Ethereum Classic (ETC), Bitcoin Cash (BCH) and Dogecoin (DOGE) all free of charge. The new state...

The decision over whether to ban the sale of crypto derivative products to retail customers in the UK will be determined solely by the financial regulator. This was the message delivered by Economic Secretary to the Treasury, John Glen, in an answer to a question posed by the Member of Parliament for Shipley, Philip Davies. Referring to a commitment by the Financial Conduct Authority to launch consultations to find out the implications of prohibiting the sale of cryptocurrency...

The World Federation of Exchange (WFE), which is made up of the globe’s giant stock exchanges such as Deutsche Boerse, the London Stock Exchange, Korea Exchange, CME Group, and Nasdaq, has requested the Financial Conduct Authority (FCA) of the United Kingdom not to illegalize crypto derivatives for retail users.The WFE made the official announcement in reply to the financial regulator’s consultation document on potentially restricting crypto derivatives like Bitcoin futures as well as...

Investigations into cryptocurrency firms by the UK Financial Conduct Authority (FCA) have surged by three-quarters this year, as the agency tightens the rein on the crypto sector. Scrutiny On the Rise According to research from Pinsent Masons, an international legal firm, active investigations into cryptocurrency firms have surged to a whooping 87 companies in 2019 from just 50 a year prior. Speaking on the rampant increase in scrutiny, David Heffon, a partner at Pinsent Masons, remarked...

Japan’s popular messaging app LINE has launched its new crypto trading platform Bitmax. According to the press release, Bitmax is a simple and secure cryptocurrency exchange that makes getting started easy even for beginners at cryptocurrency trading.It will allow users to trade five types of cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), XRP, Bitcoin Cash (BCH), and Litecoin (LTC). The announcement has been made after LINE received a cryptocurrency business license from the country’s...