FCA


Policy

UK Crypto Firms and Regulator Blame Each Other for Industry Exodus

Firms that tried, and failed, to register with the Financial Conduct Authority cite delays and poor feedback. The regulator says it rejected applications for failing to meet requirements.

Some of the U.K.'s crypto companies have found they can continue serving local users without having to go through the Financial Conduct Authority's registration process by simply operating out of a different jurisdiction. (Peter Cade/GettyImages)

Policy

UK Financial Regulator Warns Crypto Firms of Jail Time for Unauthorized Ads

The rules aren’t set in stone but will mirror those for other high-risk investments, the Financial Conduct Authority said.

(Craig Hastings / Getty Images)

Policy

UK Crypto Firms to Get Broad Laws, May Need New Authorization

The industry has largely welcomed proposals that could cover crypto lending and NFTs, and force foreign companies to register and set up in the country.

(claudiodivizia/Getty Images)

Finance

UK Crypto Exchange Archax Launches FCA-Regulated Custody Service

The new offering uses tech from Swiss MPC shop Metaco and the IBM Cloud.

1908 photograph of a vault door

Policy

UK's FCA Flagged Some Crypto Firms Seeking Regulatory Approval to Law Enforcement

A number of those investigations into financial crime or "direct links to organized crime" are ongoing, an official at the Financial Conduct Authority said.

(King's Church International/Unsplash)

Policy

UK’s FCA Issues Advice for Crypto Firms After Only 41 of 300 Applicants Win Regulatory Approval

The Financial Conduct Authority has faced criticism over its arduous registration regime, with some companies dropping out of the process altogether.

UK London (Artur Tumasjan / Unsplash)

Opinion

What Crypto Legislation Could Look Like for the US, UK and Europe

Several regulatory initiatives are underway to expand oversight of this nascent industry, the former head of fintech at the U.K. Financial Conduct Authority writes.

Several regulatory initiatives are underway to expand oversight of this nascent industry, the former head of fintech at the U.K. Financial Conduct Authority writes. (Javier Miranda/Unsplash)

Policy

Incoming FCA Chair Calls Crypto Firms Like FTX 'Deliberately Evasive'

Ashley Alder, who is currently the CEO of Hong Kong’s Securities and Futures Commission, will be commencing his role with the Financial Conduct Authority on Feb. 20, he told the Treasury Committee.

Ashley Alder will become chair of the U.K.'s FCA next year. (H.K. Securities and Futures Commission)

Policy

UK Financial Regulator Seeks Comments on Ad Approval Process for Crypto

Only companies with Financial Conduct Authority permission will be able to approve promotional material.

Coinbase ad on London Underground (Tube). August 2021. (Sheldon Reback/CoinDesk)