Tag: Financial Conduct Authority (FCA)
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...
Open Banking ‘close to truly rivalling’ UK card networks
The Joint Regulatory Oversight Committee (JROC) assertions that the UK is keeping momentum with its Open Banking leadership ambitions have been welcomed by payments...
Joint PSR & FCA committee says ‘much progress’ done towards Open...
The UK’s Joint Regulatory Oversight Committee assigned to oversee the national adoption of Open Banking has commented on the significant progress made towards all...
Revolut pauses UK crypto activity to meet new FCA requirements
Multinational digital bank and payments platform Revolut has apparently placed some restrictions on its cryptocurrency services for UK businesses, according to City A.M.
An email...
Crypto.com receives EMI licence from UK’s FCA
Cryptocurrency exchange Crypto.com is now an official authorised electronic money institution (EMI) after receiving clearance from the UK’s Financial Conduct Authority (FCA).
The EMI authorisation...
