Binance Launches UK Domain for FCA Compliance
Binance establishes a UK-specific domain, collaborates with a business subject to FCA regulation, and supports the new Financial Promotions Regime. The cryptocurrency exchange Binance has revealed a unique domain for its UK users. This action will help to ensure adherence to the UK’s revised Financial Promotions Regime. The exchange also collaborates with Rebuildingsociety.com Limited, a […]
Bybit Terminates UK Services Citing New FCA Regulations
Leading cryptocurrency exchange Bybit has announced plans to halt its operations in the United Kingdom (UK) by next month. The decision comes in response to the UK’s Financial Conduct Authority (FCA) announcing new regulations that would take effect the following month. As a result, starting on October 1, Bybit will no longer accept new UK […]
FCA Grants Extension for Crypto Marketing Deadline Until 2024
The Financial Conduct Authority (FCA) of the United Kingdom has formally communicated the potential extension of up to three months for cryptocurrency companies to implement crucial modifications to their marketing practices. Originally planned to become effective on October 8, 2023, the new regulations have been designed to curtail aggressive marketing strategies and unsuitable incentives. However, […]
UK Releases 5 Ambitions for Global AI Safety Summit
The UK has published its five “ambitions” for the global artificial intelligence (AI) safety summit on September 4, emphasizing risks and policies to support the technology. The summit, which will take place on November 1 and 2, is anticipated to bring together academics, politicians, and significant tech companies developing AI to establish a consensus on […]
NCA UK to Expand Crypto Crime Unit with New Hirings
The National Crime Agency (NCA) of the United Kingdom wishes to expand its digital assets investigation squad by adding four senior investigators to investigate crypto fraud, money laundering, and other blockchain-based crimes. This position investigates high-end crypto fraud, money laundering, and other blockchain-based crimes committed by organized criminal groups. The investigators will collaborate with a […]