The National Audit Office emphasized that it took nearly three years for the UK Financial Conduct Authority to address illicit activity in crypto ATMs across the country.
Category: Financial Conduct Authority
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UK regulator advocates for asset managers to tokenize funds
The United Kingdom’s financial regulator has endorsed a blueprint model designed to facilitate the tokenization of funds for asset management firms.
a16z opening London crypto office citing ‘predictable’ environment
The expansion came following a “productive dialogue” with the U.K. Prime Minister and “months of constructive conversations” with UK policymakers, a16z’s general partner said.
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UK financial watchdog to crypto industry: ‘Let’s work together’
The Financial Conduct Authority wants input from crypto companies on moving forward with regulations.
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UK uses Love Island star to warn finfluencers on crypto and investment schemes
The financial and advertising regulators posted a seven-part checklist to ensure these social media stars stay within the bounds of the law.
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Rwanda Government Orders Banks to Stop Facilitating Crypto-Related Transactions
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FCA’s incoming chair calls for further crypto regulation
The new chair of the UK’s FCA makes condemnatory comments about cryptocurrencies ahead of his tenure in 2023.
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Crypto.com secures UK registration for ‘cryptoasset activities’
As defined by the FCA, “cryptoasset activity” includes anything that involves exchanging one crypto for another or exchanging crypto for fiat and vice versa.
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Hong Kong securities regulator CEO to lead UK financial watchdog
Ashley Alder said the FCA would help “chart the UK’s post-Brexit future as a global financial centre which continues to support innovation and competition.”
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Bank of England and regulators assess crypto regulation in raft of new reports
A bundle of interrelated documents remind financial institutions of their responsibilities and look at the state of crypto regulation in the U.K.
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