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FCA
Bitcoin Jumps Over $71K as UK's FCA Lets Institutional Investors Create Crypto ETNs
The leading cryptocurrency had crossed $70,000 for the first time ever last week.

UK Minister Expects Stablecoin and Staking Legislation Within Six Months: Bloomberg
Economic Secretary to the Treasury Bim Afolami has said the U.K. government was "pushing very hard" to bring legislation for stablecoins and staking services for crypto assets within six months.

UK Financial Watchdog Issued 450 Alerts on Illegal Crypto Promotions in Last Three Months of 2023
The Financial Conduct Authority said firms approving ads need to take their regulatory obligations seriously.

Banxa, Payments Partner for Binance and OKX, Lands on UK Crypto Register
BNXA UK VASP is the first firm to land on the Financial Conduct Authority's crypto register this year.

FCA Slow to Take Crypto Enforcement Action, UK's Public Spending Watchdog Says
Even when the financial regulator has the power to act, years can go by before it takes enforcement action, the U.K.'s National Audit Office said.

UK Regulator Welcomes Fund Tokenization Plan Proposed by Industry Leaders
The Financial Conduct Authority (FCA) is currently exploring whether it could determine money laundering registration applications more quickly for firms already authorized, the report said.

UK’s Tough Crypto Regulator FCA Won’t Go Easy on Stablecoins, Official Says
The Financial Conduct Authority on Monday published a discussion paper with proposals for a stablecoin regime.

UK Financial Watchdogs Publish Plans to Regulate Stablecoins
Big Tech companies like Meta and PayPal will be able to issue payments-focused stablecoins under the proposed rules provided they meet the criteria.

UK Regulator Publishes Guidance for Crypto Marketing Regime
The Financial Conduct Authority’s new ad regime took effect in October.

Upcoming UK Rules for Crypto Ad Approvers Spell Uncertainty for Industry
Those approving promos for unregistered crypto companies are already facing regulatory scrutiny – and will soon have to seek new permissions to continue.
