UK crypto firms must now submit yearly financial crimes reports
Financial crimes reporting obligations are irrespective of a crypto firm’s total annual revenue. Go to Source Powered by WPeMatico
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Financial crimes reporting obligations are irrespective of a crypto firm’s total annual revenue. Go to Source Powered by WPeMatico
The U.K.’s Financial Conduct Authority is accused of ignoring its own consultation and cherry-picking data. Go to Source Powered by WPeMatico
The FCA covered everything it could with the ban, CoinShares’ Townsend Lansing says. Go to Source Powered by WPeMatico
CoinShares’ pleas last year went unheard as crypto futures and ETNs will be soon banned. Go to Source Powered by WPeMatico
ePayments is preparing to relaunch but there will be no crypto or peer-to-peer payments. Go to Source Powered by WPeMatico
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
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 sandbox will provide opportunities for blockchain firms targeting solutions related to COVID-19 to expedite development Go to Source Powered by WPeMatico
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
The UK regulator has issued a ‘scammers’ warning about BitMEX and Kraken — but was forced to quickly retract the notice about Kraken Go to Source Powered by WPeMatico