Ripple Requests Crypto License in UK After SEC Partial Win
Ripple applied to register with the Financial Conduct Authority (FCA) of the United Kingdom as a crypto asset corporation. A spokeswoman for the company stated that Ripple recently applied to register as a crypto asset firm with the Financial Conduct Authority (FCA) of the United Kingdom. As part of its significant investment in the area, […]
FCA Publishes Date Crypto Ad Compliance Will Kick Off
The Financial Conduct Authority (FCA) has announced that the new rules governing financial promotions will go into effect on October 8th. On the heels of the disclosure, the FCA claimed it has written to domestic and international businesses marketing crypto-assets to UK consumers, requesting that they adhere to the forthcoming crypto ad compliance rules or […]
FCA Loses Its Digital Assets Head After Less Than a Year
Binu Paul, the head of digital assets at the UK’s Financial Conduct Authority (FCA), has resigned from his position after less than a year on the job. Paul led the FCA’s regulatory activities on crypto firms and oversaw the registration process for crypto asset businesses. Paul joined the FCA in October last year from New […]
Binance Withdraws Registration With the UK FCA
Amid regulatory scrutiny the crypto exchange has recently faced, Binance has discontinued its registration with the UK’s FCA in response to global regulators’ persistent resistance. The UK-based subsidiary of Binance, Binance Markets Limited (BML), has officially canceled its registration with the Financial Conduct Authority (FCA). The FCA stated on its website that no Binance entity […]
Bitstamp now included on FCA’s list of registered crypto firms
The registered companies list in the UK recently added two new companies: Bitstamp UK Limited and Interactive Brokers Limited. They are among the first organizations to join since the Financial Conduct Authority (FCA) said Hidden Road Partners and MoonPay in December 2022. Bitstamp UK limited: Regulatory approval for cryptocurrency registration Bitstamp UK Limited received regulatory […]