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FCA
Chase U.K. to Block Crypto Payments Citing Fraud, Scams
Starting Oct. 16, the bank will decline customer attempts to make payments related to crypto assets via debit card or outgoing bank transfers.
Crypto Firms, Banks Asked to Discuss UK Debanking, Regulator Says
While crypto firms have struggled to access banking services in the country, a wide-ranging FCA report on debanking follows allegations from broadcaster Nigel Farage that his bank account was shuttered due to his political views.
Crypto Exchange Bybit 'Exploring All Options' to Stay in UK: CEO
Companies like Luno and PayPal have halted certain crypto operations in the country in response to regulations set to take effect next month.
Luno to Halt Some UK Clients From Investing in Crypto as Regulation Looms
The U.K. Financial Conduct Authority crypto promotion rules will be effective by October 8.
Crypto Exchange Kraken's UK Derivatives Unit Looking to Expands Its Service: Bloomberg
The firm is looking move into a void in the crypto derivatives market left when FTX collapsed last November.
UK ‘Travel Rule’ Won’t Completely Nix Transfers to Noncompliant Places, FCA Says
Companies such as PayPal are already halting their crypto payments services in the U.K. as a result of tighter regulations.
PayPal to Stop Crypto Purchases in UK Until 2024
The company said the pause is due to the U.K. financial regulator’s upcoming stricter rules, which include the travel rule to combat money laundering set to take effect Sept. 1.
UK Crypto Incentives Ban Could Drive Firms Out of Country, Lobbyists Say
Lobby group CryptoUK called for more clarity from the FCA on guidance for upcoming crypto ad rules.
UK's FCA Is Designing Prudential Requirements for Firms Carrying Out Crypto Activities
The Financial Conduct Authority will consult on rules once the government gives it the necessary powers, the regulator said in its annual report.
UK Financial Regulator to Introduce Isolated Environment for Testing Financial Applications
During a pilot phase, the environment was used to test the eco-friendliness of decentralized ledgers.