Crypto Facilities Gets FCA Nod to Set up Crypto Futures Venue

Crypto Facilities, a subsidiary of Kraken cryptocurrency exchange, has obtained a Multilateral Trading Facility (MTF) license from the UK’s Financial Conduct Authority (FCA). An MTF is a European regulatory term for a self-regulated financial trading venue. MTFs are an alternative to a traditional stock exchange where a market is made in securities, typically using electronic … Read more

A ‘Significant Increase’: UK Regulator Says 2.6 Million Residents Have Bought Cryptocurrencies

The UK’s top financial regulator has conducted a survey and found a “significant increase” in the number of crypto owners and awareness of cryptocurrencies. The regulator estimates that 2.6 million people in the country have bought cryptocurrencies, most of which were from non-UK cryptocurrency exchanges. UK Regulator’s Crypto Survey The Financial Conduct Authority (FCA), which … Read more

The UK’s FCA Shows a Keen Interest in Bitmex

Bitmex is one of the more interesting platforms related to cryptocurrencies. However, due to some very odd developments in recent years, the FCA is now officially investigating the platform. Any company providing access to crypto-related financial services needs to be scrutinized. Bitmex may Face Regulatory Scrutiny This is especially true when dealing with margin trading … Read more