FCA – Page 5 – DIGIT INFO

Payments Provider Clear Junction Stops Processing Payments for Binance

On Monday, the global payments solutions provider Clear Junction announced it ceased processing transactions for Binance. The move by Clear Junction was brought on by the Financial Conduct Authority’s (FCA) recent warning, according to a blog post written about the decision. Clear Junction Ceases Processing Payments for Binance Citing the Recent FCA Warning The Financial […]

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Barclays Blocks Customers From Sending Funds to Binance

Barclays has reported it no longer supports wiring funds to Binance, one of the largest cryptocurrency exchanges in terms of daily volume. The bank announced its issues with wiring funds to Binance in a resolution message to the customers today. The banking giant cites the warning that the Financial Conduct Authority (FCA) issued against Binance […]

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Binance resumes fiat withdrawals via Faster Payments in UK

Binance has uploaded a notice to its U.K. website stating that Binance Markets Limited is not licensed to undertake regulated activities in the United Kingdom.

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64 Cryptocurrency Firms Have Withdrawn Applications to Operate in UK, FCA Says

64 Crypto Firms Have Withdrawn Applications to Operate in UK, FCA Says

A growing number of crypto firms in the U.K. are withdrawing their applications to register with the Financial Conduct Authority (FCA). Around 64 firms have already withdrawn their applications and will not be able to operate in the U.K. The list of cryptocurrency companies abandoning their attempts to register with the U.K.’s financial regulator is […]

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13 more crypto firms withdraw licensing applications in the UK

Local and international crypto businesses in the United Kingdom seem unable to meet stringent demands set by financial regulators.

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Binance suspends popular fiat ramp for U.K. customers amid regulatory crackdown

Faster Payments is no longer an option for Binance customers in Britain amid increasing regulatory pressure.

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FCA Warns 111 Crypto Firms Are Operating Illegally in UK — Says ‘This Is a Very Real Risk’

U.K.’s financial regulator, the Financial Conduct Authority (FCA), has warned that 111 companies are offering crypto services in the country without proper registration. “This is a very real risk so we are worried about that,” said the regulator’s head of enforcement and market oversight. 111 Unregistered Firms Operating in the UK Britain’s financial watchdog, the […]

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UK regulator warns against 111 unregistered crypto companies… and FOMO

The Financial Conduct Authority has warned U.K. consumers of dealing with 111 unregistered crypto firms, calling it “a very real risk.”

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TSB Bank Plans to Ban Cryptocurrency Purchases Due to Increasing Fraud Numbers: Report

TSB, a British bank, is planning to ban cryptocurrency purchases due to fraud concerns. The company reported an alarming number of fraudulent transactions on cryptocurrency purchases. Reportedly, transactions involving Binance, the cryptocurrency exchange behemoth, are involved in two-thirds of these fraud reports. A Binance representative denies these claims and said the exchange deals with complaints […]

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