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UK Treasury Secretary gives six month window for crypto-related regulations

Bim Afolami, Economic Secretary to the UK Treasury, has revealed that the UK government is “pushing very hard” to introduce formalised regulations surrounding cryptocurrency.  The...

Questions arise over UK’s stablecoin regulation proposals

Leaders in the UK’s crypto and digital asset sector have raised some proposals regarding the Bank of England (BoE) and the Financial Conduct Authority’s...

FCA access to cash should “return life to UK’s cash deserts”

Last December, the UK’s Financial Conduct Authority (FCA) access to cash consultation outlined plans to alleviate consumer fears that those relying on cash would...

50% of British adults have used BNPL as regulation pressures linger

Buy Now, Pay Later (BNPL) has become one of the fastest-growing payment methods of the last several years, particularly in the UK.  According to new...

Binance’s attempts to re-enter UK hit a roadblock

The world’s largest cryptocurrency exchange Binance is experiencing troubles re-entering the UK market due to local partners' reluctance to work with the company.  According to...

FCA confirms leadership of financial advice working group

The Financial Conduct Authority (FCA) announced the makeup of its working group established to drive forward the regulator’s goals for the UK financial services...

Payhawk granted UK EMI licence to scale products

Global spend management solution Payhawk has been granted an Electronic Money Institution (EMI) from the UK’s Financial Conduct Authority (FCA).  The UK financial regulator cleared...

UK’s digital sandbox a “significant milestone” for distributed ledger tech

A UK digital sandbox has been made official by the government after launching under the Financial Services and Markets Act 2023.  Announced in July last...

UK Digital Security Sandbox regulations come into effect

The legislative framework for the UK’s Digital Securities Sandbox (DSS) came into effect today, a testing environment for digital assets relating to financial market...

FCA puts consumer protection front-and-centre for 2024

As the UK rolls into the New Year, the country’s Financial Conduct Authority (FCA) has underscored the importance of the financial sector to Britain’s...

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