UK FCA News
Latest UK FCA News
News
UK’s Financial Conduct Authority has kicked off a consultation on proposed crypto rules that would bring the industry under formal regulatory oversight by 2027. According to a Financial Times report, the FCA unveiled three consultation papers on Tuesday with the…
News
The UK’s Treasury department hopes to finalize its cryptocurrency regulations by late 2027 by bringing the sector under a regulatory framework that mirrors oversight in traditional markets. According to a report from The Guardian, the crypto sector, which has been…
News
The crypto investment landscape in the UK just took a significant step forward as British investors get access to Bitcoin through regulated markets. According to an October 20 CoinDesk report, BlackRock has launched its iShares Bitcoin Exchange-Traded Product on the…
News
FCA crypto proposals aim to bring digital asset firms under full UK oversight by 2026, spelling out provisions for governance, resilience, and crime prevention. The regulator says the framework mirrors traditional finance rules but will be adapted to reflect crypto’s…
News
Two men have been sentenced to a combined 12 years in prison for a £1.5 million crypto cold-calling scam, amid a wider crackdown by the UK’s FCA on financial fraud and illegal promotions. On July 4, two men were sentenced…
News
The U.K and and Singapore have agreed to pursue collaborations on several areas related to digital finance, including the use of artificial intelligence in finance and asset tokenization. During the 10th Financial Dialogue held in London recently, representatives from both…
Opinion
Retail investors are right to want to support the web3 economy, and the FCA should provide them with the guidelines and protection.
News
The UK’s Financial Conduct Authority has appointed Sarah Pritchard as its new deputy chief executive, a move that reflects the regulator’s expanding responsibilities across digital finance and international policy. The announcement marks the formal establishment of the deputy CEO role…
News
The UK government has unveiled comprehensive draft legislation aimed at regulating cryptocurrency exchanges, dealers, and agents. Announced by Chancellor of the Exchequer Rachel Reeves during UK Fintech Week, the proposed rules aim to enhance consumer protection, boost investor confidence, and…
News
BlackRock has received approval from the UK’s top financial markets regulator, the Financial Conduct Authority, to operate as a crypto asset firm. According to an Apr. 1 report from DL News, the global investment giant managing around $12 trillion in…
News
According to an investigation by MailOnline, UK authorities have frozen approximately £6 million ($7.7 million) in crypto since new enforcement powers came into effect last year. The measures, introduced in April 2024, allow police, law enforcement agencies, and HMRC to…
News
Olumide Osunkoya has been sentenced to four years in prison for illegally operating cryptocurrency automated teller machines in the United Kingdom. The 46-year-old faced charges related to running crypto ATMs through his company, GidiPlus, with machines installed at multiple locations…
News
Crypto exchange CEX.IO has expanded its services in the United Kingdom by enabling spot trading for UK-based customers. The CEX.IO team announced the expansion of its suite of crypto products available to customers via a press release shared with crypto.news.…
News
Emma Reynolds, former parliamentary secretary at the Treasury, has been appointed the new economic secretary. Reynolds’s appointment follows the resignation of Tulip Siddiq, who stepped down in a letter to the Prime Minister. Siddiq, the member of parliament for Hampstead…
News
UK-based crypto firm Copper Technologies withdrew its registration to the FCA. Instead, its new CEO wants to shift the custodian’s focus towards securing operating licenses in the US and other countries. According to a Bloomberg report, crypto custodian firm Copper…
News
The U.K.’s Financial Conduct Authority (FCA) issued a public notice against Solana meme coin Retardio, while holders celebrated a 16% price surge on the news.