UK Widens Crackdown on Unauthorized Crypto ATMs

UK Widens Crackdown on Unauthorized Crypto ATMsBritain’s top financial regulator, the Financial Conduct Authority (FCA), has widened its crackdown on unauthorized cryptocurrency ATMs. “There are currently no crypto ATM operators registered with the FCA, which they must be to operate legally,” the regulator noted. FCA Cracks Down on Illegal Crypto ATMs Britain’s top financial regulator, the Financial Conduct Authority (FCA), announced […]

Go to Source

Powered by WPeMatico

Santander UK Limits Cryptocurrency Exchange Transactions, Bank Says Investing in Crypto ‘Can Be High Risk’

On Nov. 3, Santander UK, the subsidiary of the Spanish financial giant Banco Santander, S.A., published a notice that says “investing in cryptocurrency assets can be high risk.” Furthermore, the British bank also imposed a limit on cryptocurrency exchanges using the firm’s mobile and online banking services. Santander UK Limits Crypto Exchange Transfers to ‘Protect’ […]

Go to Source

Powered by WPeMatico

Google to Require Government Authorization to Provide Advertising Services for Financial Products in Spain

googleGoogle, the web search and software monolith, has announced that it will require authorization from government entities to lend advertising services to financial companies in Spain. This measure, which was also implemented in the U.K. back in 2021, is expected to be extended to more countries in coming months. Google to Require Government Authorization of […]

Go to Source

Powered by WPeMatico

UK Regulator: Crypto Firms Undeterred by Strict Regulation — ‘They Know We Have a Good System’

UK Regulator: Many Crypto Firms Reapply for Licenses After Being Rejected — 'They Know We Have a Good System of Regulation'The Financial Conduct Authority (FCA), Britain’s top financial regulator, has revealed that many crypto firms are still seeking licenses to operate in the U.K. despite failing to meet regulatory requirements the first time. “They know we have a good system of regulation and if they meet our standards that’s important for every jurisdiction that they […]

Go to Source

Powered by WPeMatico