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3232FCA Warns 111 Crypto Firms Are Operating Illegally in UK — Says ‘This Is a Very Real Risk’
https://www.digit.info/fca-warns-111-crypto-firms-are-operating-illegally-in-uk-says-this-is-a-very-real-risk/
Thu, 24 Jun 2021 12:00:57 +0000https://www.digit.info/2021/06/24/fca-warns-111-crypto-firms-are-operating-illegally-in-uk-says-this-is-a-very-real-risk/Read more]]>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 […]
]]>UK Financial Regulator Publishes DLT Feedback
https://www.digit.info/uk-financial-regulator-publishes-dlt-feedback/
Fri, 22 Dec 2017 17:19:04 +0000https://www.digit.info/2017/12/22/uk-financial-regulator-publishes-dlt-feedback/Read more]]>Earlier this year, the UK Financial Conduct Authority (FCA) published a discussion paper and sought out stakeholder views on distributed ledger technology (DLT) and its future development potential for the markets that it currently regulates. The results are in The FCA has now published that feedback. The regulator received a total of 47 responses from local and international trade associations, consultants, regulated firms, and law firms. According to reports, the stakeholders welcomed the FCA’s technology-neutral approach to regulation, but they also voiced support for the Sandbox initiatives, meant to test out DLT innovations prior to public deployment. Respondents mentioned that DLT solutions could help provide and
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 […]
Earlier this year, the UK Financial Conduct Authority (FCA) published a discussion paper and sought out stakeholder views on distributed ledger technology (DLT) and its future development potential for the markets that it currently regulates. The results are in The FCA has now published that feedback. The regulator received a total of 47 responses from local and international trade associations, consultants, regulated firms, and law firms. According to reports, the stakeholders welcomed the FCA’s technology-neutral approach to regulation, but they also voiced support for the Sandbox initiatives, meant to test out DLT innovations prior to public deployment. Respondents mentioned that DLT solutions could help provide and