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Crypto Firms in UK Fail to Comply by New AML Guidelines, FCA Extends Deadline

The chief financial regulatory body of the United Kingdom revealed a majority of the crypto companies operating in the country have failed to comply with the latest set of anti-money laundering regulations issued by the government. The new regulatory policy set by the Financial Conduct Authority (FCA) would only offer operating licenses to those crypto

The chief financial regulatory body of the United Kingdom revealed a majority of the crypto companies operating in the country have failed to comply with the latest set of anti-money laundering regulations issued by the government. The new regulatory policy set by the Financial Conduct Authority (FCA) would only offer operating licenses to those crypto

News
News

UK’s Legal System Expects A Major Uptick In Crypto Scams After FCA Warning

With the crypto market gaining strong attention worldwide, UK’s legal system is expecting a surge ahead in crypto scams taking place in the country. The head of the Crown Prosecution Service (CPS) recently appraised The Financial Times about this situation. CPS looks after whether suspects should be charged further and is these cases should be prosecuted

With the crypto market gaining strong attention worldwide, UK’s legal system is expecting a surge ahead in crypto scams taking place in the country. The head of the Crown Prosecution Service (CPS) recently appraised The Financial Times about this situation. CPS looks after whether suspects should be charged further and is these cases should be prosecuted

News
News

UK Regulators Ban Crypto Derivatives To Retail Consumers

In a massive blow to the cryptocurrency derivatives market, the Financial Conduct Authority [FCA] has announced that it has published the final rules to ban the sale of derivatives and exchange-traded notes [ETNs] that reference certain types of crypto-assets to retail consumers. With this, the UK-based companies will no longer be able to offer cryptocurrency derivatives products

In a massive blow to the cryptocurrency derivatives market, the Financial Conduct Authority [FCA] has announced that it has published the final rules to ban the sale of derivatives and exchange-traded notes [ETNs] that reference certain types of crypto-assets to retail consumers. With this, the UK-based companies will no longer be able to offer cryptocurrency derivatives products

Monolith-crypto-debit-cards-DeFi
DeFi News
Monolith-crypto-debit-cards-DeFi
DeFi News

UK-based DeFi Debit Card Company Monolith Announces In-App Crypto Purchase

Monolith, the London-based decentralized finance (DeFi) company that issues crypto debit cards has announced its new service for in-app crypto purchases. Monolith is popular in the UK for issuing cryptocurrency VISA debit cards that allow users to spend Ethereum-tokens (ERC20) for everyday purchases. Since its inception in 2018, Monolith has remained consistent in growing its

Monolith, the London-based decentralized finance (DeFi) company that issues crypto debit cards has announced its new service for in-app crypto purchases. Monolith is popular in the UK for issuing cryptocurrency VISA debit cards that allow users to spend Ethereum-tokens (ERC20) for everyday purchases. Since its inception in 2018, Monolith has remained consistent in growing its

crypto derivatives
Regulation News
crypto derivatives
Regulation News

UK’s Financial Conduct Authority (FCA) Issues Guidelines For Crypto Derivatives

  UK’s Financial Regulator FCA has laid down the rules for crypto derivatives involving CFDs, futures, and options that now require the authorization of the agency. Failure to comply with these rules will be considered a criminal offence leading to enforcement action. Crypto derivatives need authorization, non-compliance means criminal offence The Financial Conduct Authority (FCA)

  UK’s Financial Regulator FCA has laid down the rules for crypto derivatives involving CFDs, futures, and options that now require the authorization of the agency. Failure to comply with these rules will be considered a criminal offence leading to enforcement action. Crypto derivatives need authorization, non-compliance means criminal offence The Financial Conduct Authority (FCA)

coinbase e-money license
Regulation News
coinbase e-money license
Regulation News

UK FCA Grants Coinbase E-Money License

In its latest announcement, Coinbase has received the e-money license from the Financial Conduct Authority of the UK that involves regulation compliance. This move will help the exchange in expanding its business in UK and EU. Coinbase E-money license from UK FCA Coinbase, one of the world’s largest and most popular cryptocurrency exchanges, has obtained

In its latest announcement, Coinbase has received the e-money license from the Financial Conduct Authority of the UK that involves regulation compliance. This move will help the exchange in expanding its business in UK and EU. Coinbase E-money license from UK FCA Coinbase, one of the world’s largest and most popular cryptocurrency exchanges, has obtained