FCA


Finance

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.

(Stefan Schurr/Shutterstock)

Policy

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.

U.K Economic Secretary Bim Afolami (U.K. Parliament)

Policy

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.

(FCA)

Policy

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)

Policy

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.

Photo of people entering the FCA building

Policy

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.

Archax also tokenized an abrdn market fund in euros, pounds and dollars. (GuerrillaBuzz / Unsplash)

Policy

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.

Matthew Long, director of payments and digital assets at the FCA. (FCA)

Policy

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 United Kingdom British England Flag (Unsplash)

Policy

UK Regulator Publishes Guidance for Crypto Marketing Regime

The Financial Conduct Authority’s new ad regime took effect in October.

FCA building with logo (FCA)

Policy

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.

Photo of people entering the FCA building