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Bitcoin News

FCA to Oversee Crypto Regulation in UK, Begins with BitMEX Warning

The Financial Conduct Authority in the UK issued a warning on 3rd March, 2020 claiming that BitMEX “is carrying on regulated activities which require authorisation.” It has been classified as an unauthorized firm providing financial services to its’ citizen. BitMEX cryptocurrency exchange, and one of the largest derivatives market for Bitcoin comes under the regulator’s

The Financial Conduct Authority in the UK issued a warning on 3rd March, 2020 claiming that BitMEX “is carrying on regulated activities which require authorisation.” It has been classified as an unauthorized firm providing financial services to its’ citizen. BitMEX cryptocurrency exchange, and one of the largest derivatives market for Bitcoin comes under the regulator’s