News with the tag "fca"

Crypto executives say the British ban on crypto derivatives is hurting retail investors rather than protecting them. Crypto execs are slamming the U.K.’s Financial Conduct Authority over its ban on crypto derivatives, saying it’s hurting retail investors more than helping them. Joshua Barraclough, C...

Crypto exchange CEX.IO has expanded its services in the United Kingdom by enabling spot trading for UK-based customers. The CEX.IO team announced the expansion of its suite of crypto products available to customers via a press release shared with crypto.news. The introduction of spot trading means U...

Austrian cryptocurrency platform Bitpanda has officially expanded its footprint in the United Kingdom after receiving regulatory approval from the Financial Conduct Authority (FCA). With this green light, Bitpanda is set to offer UK investors access to over 500 crypto assets, marking one of the broa...

The sun could be set to shine brighter in Japan’s financial horizon, as regulators take another look at how Bitcoin will play a role in the country’s financial landscape. Authorities are now considering lifting a long-standing ban on Bitcoin and crypto exchange-traded funds (ETFs). This might signal...

The UK’s Financial Conduct Authority(FCA) faces growing calls for overhaul as criticisms over incompetence, dishonesty, lack of transparency, unaccountability, and lacklusterness mount. FCA is one-half of the UK’s twin peak regulators, complimented by the Prudential Regulation Authority. A parliamen...

Emma Reynolds, former parliamentary secretary at the Treasury, has been appointed the new economic secretary. Reynolds’s appointment follows the resignation of Tulip Siddiq, who stepped down in a letter to the Prime Minister. Siddiq, the member of parliament for Hampstead and Highgate, cited persona...

GSR has secured dual regulatory approval in the UK and Singapore, expanding its crypto trading services for institutional clients.

The crypto trading firm and market maker GSR becomes the first crypto liquidity provider to earn regulatory authorizations from both the FCA and Singapore’s MAS. GSR, the global crypto trading firm and market maker, has received approval from the Financial Conduct Authority for its British arm to op...

The UK’s Financial Conduct Authority (FCA) is stuck in a battle it doesn’t seem to be winning. Between October 2023 and October 2024, the watchdog flagged 1,702 illegal crypto ads, apps, and websites. Yet only 54% of these vanished from the internet. That leaves nearly half of these banned promotion...

The Financial Conduct Authority (FCA) in the United Kingdom has failed to act on the illegal crypto promotions and related ads parading the region. This comes after the FCA kickstarted a crackdown effort and issued over 1,700 alerts between October 2023 and October 2024. As a result, the regulator i...