News with the tag "fca crypto"

UK FCA Plans to Ban Public Crypto Offers, Seeks Industry Feedback on New Regime The UK Financial Conduct Authority (FCA) has announced plans to prohibit public crypto offers as part of its evolving regulatory framework for the cryptocurrency industry. The proposal builds upon existing promotion rule...

In the latest step in the long process of regulating crypto in the UK, the FCA is asking for feedback on two areas under its responsibility.

The UK’s top financial regulator, the FCA, has published a regulatory roadmap that plans to release comprehensive cryptocurrency regulations by 2026.

Crypto firms may want to register somewhere they can receive more prompt attention, law firm warns.

Crypto firms, wealth management companies, and retail and wholesale banking remain “particularly vulnerable” to financial crime, according to a U.K. Treasury report.

The United Kingdom’s Financial Conduct Authority has said it will not object to requests by recognised investment exchanges to launch crypto-backed exchange-traded notes. The exchange-traded notes will only be made available to professional investors such as regulated investment firms. ETNs Must Adh...

The UK government is 'pushing very hard' to legislate new regulations on stablecoins and crypto staking services within the next six months.

According to the United Kingdom’s Financial Conduct Authority, crypto asset firms operating in the country will be required to comply with the Financial Action Task Force’s travel rule starting on Sept. 1, 2023. Crypto asset businesses will be required to take “all reasonable steps” to ensure compli...