Coinbase Introduces UK User Risk Form For FCA Compliance
Coinbase introduces a risk acknowledgment form for UK users, aligning with FCA rules to boost informed crypto trading and investor protection. Users who claim to have received an email indicate that Coinbase has implemented a new requirement for its clients residing in the United Kingdom. They are now required to sign a risk acknowledgment form. […]
FCA: Crypto Firms Have Violated UK Promo Rules 221 Times
Many of the FCA-warned firms appear to be dubious high-yield return schemes, but warnings have also been issued to legitimate businesses. Since their implementation in early October, crypto-promoting businesses have violated the United Kingdom’s new crypto marketing rules at least 221 times, according to the country’s financial regulator. In a statement released on October 25, […]
FCA limits role as unregistered enterprises run
While many businesses continue to operate without permission, Crypto.com is the newest to register with the FCA in the UK. There are still more unregistered cryptocurrency-related firms than ones that are registered with the Financial Conduct Authority of the United Kingdom. A total of 37 organizations have been given the go-ahead to provide services in […]
Crypto mining made easy for everyone
Crypto mining has been developed as a way to mine cryptocurrency by using rented cloud computing power without having the need to install or directly run any related software or hardware. People can remotely participate in cryptocurrency mining by opening an account and paying a minimal cost. Thus, cloud mining firms have made mining more […]
The UK’s FCA orders unregistered Bitcoin ATMs to shutdown
The UK’s financial regulator, the Financial Conduct Authority (FCA), has published a statement that requires all non-registered Bitcoin ATMs to be immediately closed down. The United Kingdom government has issued a severe “shut down or face further action” order to operators of Bitcoin ATMs, explaining their intentions to contact these companies to confirm the notification, […]