The UK’s top financial regulator has eased elements of its landmark cryptocurrency rules, providing relief to firms navigating the new compliance landscape. The Financial Conduct Authority announced adjustments to its cryptoasset regime, scaling back certain […]
Almost 1,700 UK crypto investors are suing Binance and Changpeng Zhao for almost £150 million over unlawful crypto derivatives. The claim states that Binance made available unregulated leveraged crypto derivatives contrary to financial laws in […]
The U.K.’s Financial Conduct Authority (FCA) reduced the proposed capital requirements for stablecoin issuers as it set out its formal guidance for cryptocurrency regulations. The financial services regulator cut the amount of financial backing that […]
UK financial regulators have come up with a new crypto framework. This represents the nation’s second thorough attempt to regulate the crypto sector without treating it precisely like traditional banking. Following the argument by cryptocurrency […]
The U.K.’s financial regulator, the Financial Conduct Authority (FCA), proposed allowing certain retail investment funds to hold up to 10% of their assets in cryptocurrency exchange-traded notes (ETNs). The financial regulator made the suggestion for […]
“Due to the imposition of requirements by the FCA, Binance Markets Limited is not currently permitted to undertake any regulated activities without the prior written consent of the FCA,” the regulator said. “No other entity […]
The price of cryptocurrency started booming near the start of the Covid-19 pandemic leading many people to start investing in the highly volatile currencies. But the past year has seen wild fluctuations in the price […]
The Treasury Committee, which is formed from a cross-party group of MPs, said that swift seizure of cryptoassets from criminals could help to dampen further illegal activities as the proceeds of crime are increasingly held […]
The new regulations would include limits on foreign companies selling into the UK, provisions for how to deal with the collapse of companies and restrictions on the advertising of products, according to the Financial Times. […]
The UK finance ministry is expected to launch a public consultation on the attributes of a digital pound in the coming weeks. However, Britain’s financial services minister Andrew Griffith has stressed the importance of getting […]
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