The UK financial regulator, the Financial Conduct Authority (FCA Financial Conduct Authority (FCA) The Financial Conduct Authority (FCA) is the largest financial regulator for all financial markets ...
Tag: FCA
FCA Rules All Crypto ATMs in the UK Are Illegal
The Financial Conduct Authority (FCA) – the monetary watchdog of the United Kingdom – has issued a statement condemning all bitcoin and crypto ATMs as illegal. The organization is now ordering all cry...
UK’s FCA Hiring Crypto Director – Trustnodes
UK’s Financial Conducts Authority (FCA) is actively recruiting for a Head of Department (HoD) in Digital Assets. This will be a critical leadership role where a candidate will be held accountable for ...
UK FCA Warns on Alpha Crypto Trade FX Ltd
The UK financial regulator, the Financial Conduct Authority (FCA), has issued a warning against Alpha Crypto Trade FX Ltd, as it’s not an authorized company to provide financial services or products i...
UK Regulator FCA Opens Recruitment for Experts to Lead Crypto Department
The United Kingdom’s top market regulator, the Financial Conduct Authority (FCA), has put out an advert for an expert in digital currencies to come and head its crypto department. According to the job...
The FCA has been warning about Bitcoin for years, but is the real risk not investing?
One of the few financial regulators that have been consistent in its warning about the dangers of the crypto space is UK’s top financial watchdog, the Financial Conduct Authority (FCA). The agency has...
Crypto Weekly Roundup: Stripe Reinstates Crypto Services, Thailand Lowers Tax, Pro-Crypto President In S.Korea, FCA Warns Crypto ATMs, And More
Cryptocurrency continues to play a significant role in the Ukraine-Russia conflict, as Ukraine bought military gear worth $15 million from the donated cryptocurrency. Singapore has also taken the side...
All Bitcoin ATMs in the UK declared illegal by the FCA
The UK financial market watchdog, the Financial Conduct Authority (FCA), has announced a ban on all the cryptocurrency ATMs in the country. The regulatory body has stated that the ATMs are operating i...
BTC ATMs ordered to be shut in the UK by the FCA
BTC ATMs will seize to exist in the UK as per the latest order of the FCA Conditions for registration were not met under the MLR law Bitcoin ATM service license was not issued to Gidiplus Limited T...
All Bitcoin ATMs in UK to shut down as FCA deems them “illegal”
Bitcoin ATMs first appeared in 2014 and their popularity increased greatly throughout 2020 and 2021. Their popularity attracted swindlers as well as the UK government’s negative attention. The UK hasn...
UK`s FCA orders 81 crypto ATMs to shut down immediately
TL;DR Breakdown The UK`s financial watchdog shuts down 81 Bitcoin cashpoints and terms them illegal. FCA warns convenience stores and supermarkets hosting crypto ATMs of imminent closure. The UK’s fin...
Crypto firms begin shuttering UK operations ahead of formal FCA registration deadline
Crypto startups are giving up hope of continuing to do business in the UK under pressure from the Financial Conduct Authority (FCA). The finance watchdog has notified at least half a dozen crypto firm...
FCA issues termination order for Bitcoin ATMs
Financial Conduct Authority (FCA), United Kingdom’s central financial regulator, has issued a damning verdict on the presence of Bitcoin (BTC) ATMs within the island country. In what has come as a sur...
FCA express concerns about Binance new partnership in the UK
UK’s leading financial watchdog, the Financial Conduct Authority (FCA), has stated its concerns about the deal between Binance subsidiary, Bifinity, and financial service company, EQONEX. According to...
U.K’s FCA Threatens to Cancel License for Binance’s Newly Launched Service Bifinity
Binance’s launch of fiat-to-crypto payments provider Bifinity on Monday, March 7, has met with immediate resistance from U.K’s top regulatory body – Financial Conduct Authority (FCA). With Monday’s la...
Binance announces deal with EQONEX, but FCA seems unhappy with it
Crypto exchange Binance announced a partnership with the Nasdaq-listed crypto firm Eqonex on Monday, but the UK’s financial regulator doesn’t seem too happy about it. The deal appears to g...
UK FCA Reacts to EQONEX Convertible Loan from Bifinity
The UK’s Financial Conduct Authority has issued a statement on Monday about Bifinity’s $36 million convertible loan advance to EQONEX. According to the watchdog, it has no power to “assess the fitness...
UK’s FCA says 50 crypto firms are under investigation
The Financial Conduct Authority (FCA) has announced a crackdown on cryptocurrency firms operating in the country. The move comes as the regulatory body seeks to push unregistered crypto businesses out...
UK’s FCA investigated 300 crypto firms in 2021
The UK Financial Conduct Authority (FCA) has announced that it would double down on its efforts to prevent investors from coming to harm. It stated this in a press release which also detailed its plan...
UK Regulator FCA Places 50 Crypto Firms Under Investigation
The Financial Conduct Authority (FCA), the United Kingdom’s apex market regulator, is taking a proactive approach to curbing scams as they are inherent in the fast-growing crypto world. Per a report ...
Fifty UK crypto firms under active investigation, says FCA
advertisement The UK’s top finance watchdog said Thursday that 50 crypto firms are under active investigation. The figure was included in a statement issued by the Financial Conduct Authority (F...
FCA Opens Over 300 Cases Unregistered Crypto Firms
The UK’s Financial Conduct Authority (FCA) announced on Thursday that it is taking assertive action against the rampant financial scams in the consumer investment market. It has also alarmed investors...
FCA Receives 279 Whistleblowing Reports in Q4 2021
The United Kingdom’s Financial Conduct Authority (FCA) said on Tuesday that it has received 279 new whistleblowing reports in the fourth quarter of 2021, which is from October through December. “We as...
FCA Warns Companies on Crypto Mergers
The crypto market in the UK received a warning from the financial watchdog following an acquisition announcement by Bitpanda. The EU regulated Austrian exchange announced that it would buy DeFi custod...
FCA Concerned Over Binance Gaining Access to UK Payment Network: Report
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set ...
UK FCA Shares Concerns on Binance-Paysafe Deal
The United Kingdom’s Financial Conduct Authority (FCA) has shared its concerns about the recent partnership between Binance Exchange and Paysafe, a London-based multinational online payments company. ...