The UK’s Financial Conduct Authority issued a consumer warning on FTX. The FCA previously issued a similar warning on Binance. The UK’s Financial Conduct Authority (FCA) issued a consumer warning regarding Sam Bankman-crypto Fried’s exchange FTX, stating that it is not allowed by the regulator to offer financial services or
The inquiry will look at how the nation currently regulates digital assets and cryptography. All thoughts from the people should be shared by Sep 5 according to the committee. A parliamentary committee in the United Kingdom (UK) called the Crypto and Digital Assets All Party Parliamentary Group (APPG) recently declared
The US and UK regulators collaborated to enlarge cryptocurrency regulation. The Working Group wants to strengthen regulatory outcomes for stablecoins across jurisdictions. According to a recent press release from the U.S Department of the Treasury, the Financial Regulatory Working Group of the U.K and the U.S, recently conducted an official
Copper was planning to raise at least $3 billion. In May, Copper received Swiss regulatory approval. While bankruptcies continuously increase in the cryptocurrency market, the largest multinational bank in the UK, Barclays, intended to invest in Copper, one of the most well-known cryptocurrency custody firms in the fast-growing industry. According
zfxtrade.com is accused of using the FCA-authorized firm’s legitimate details. As per FCA, the website defrauds people in the United Kingdom. On Monday, the UK’s Financial Conduct Authority (FCA) released a cautionary notice about a clone firm for impersonating the financial trading platform, Zenfinex Group. The authority claims that the
According to FCA, U.S and U.K relations on crypto regulation will strengthen. The U.S. and U.K. will regulate stablecoins and investigate CBDCs. Nikhil Rathi, CEO of the U.K. Financial Conduct Authority (FCA), spoke about the FCA’s regulatory objectives on Wednesday at the Peterson Institute for International Economics. The CEO of
A new Survey in the UK reports that most British responders have bought crypto. Those crypto investors are mostly male under 35. The survey records these youngsters have a better understanding of crypto. According to a survey conducted by UK investment firm AJ Bell, the reports say that Brits are
