FCA


Finance

Crypto Custody Firm Copper Withdraws U.K Registration Application

The decision is part of the company's strategic shift to focus on markets such as the U.S., Europe and the Middle East

Amar Kuchinad, Copper's global CEO (Copper)

Policy

U.K. Financial Regulator Aims for Crypto Regime by 2026

The U.K.'s FCA is trying to be more transparent to the crypto sector after months of uncertainty.

Photo of people entering the FCA building

Finance

Crypto Payments Firm BCB Group Was the Subject of an FCA Investigation: Sources

The U.K. financial services regulator issued the payments provider a s166 notice late last year. The inquiry is now closed.

(FCA)

Policy

Man Pleads Guilty to Illegally Operating Crypto ATM Network in the UK

This marks the first U.K. conviction for running a crypto ATM operation.

(FCA)

Policy

UK Regulator Charges First Individual With Running a Network of Illegal Crypto ATMs

Olumide Osunkoya, 45 year old Londoner has been accused of running crypto ATMs that processed British pounds 2.6 million ($3.4 million) in crypto transactions across various locations.

(FCA)

Policy

UK Regulator Says 87% of Crypto Registration Applications Failed to Meet Standards for Approval

The FCA approved only four of the 35 applications it received in the year ended March 31.

(FCA)

Policy

UK Regulator FCA Has Issued Over 1K Warnings to Crypto Firms Since October

The FCA's actions have led to the removal of 48 apps from U.K. app stores, Lucy Castledine, the regulator's director of consumer investments, said in an interview.

(FCA)

Finance

Coinbase's CBPL Fined $4.5M by UK Regulator for Lapses in Onboarding Controls

Despite restrictions in place, CBPL onboarded 13,416 high-risk customers for e-money services, the Financial Conduct Authority said.

(FCA)

Opinion

U.K.'s Next Government Must Act Fast to Regulate (and Retain) Crypto Firms

The likely victorious Labour party has taken no stance on digital assets. This needs to change quickly, writes Laura Navaratnam of the Crypto Council for Innovation.

BLACKPOOL, ENGLAND - MAY 03:  Labour Leader Keir Starmer arrives to meet new Labour MP for Blackpool South, Chris Webb at Blackpool Cricket Club on May 3, 2024 in Blackpool, England. Labour's Chris Webb was announced as the winner of the Blackpool South by-election. Former Conservative MP for Blackpool South Scott Benton resigned in the wake of a lobbying scandal triggering the by-election, which is held on the same day as the local and mayoral elections in England.  (Photo by Christopher Furlong/Getty Images)

Policy

UK Regulator FCA Arrests Two People Associated With 1B-Pound Illegal Crypto Business

The two suspects were interviewed under caution by the FCA and then released on bail.

(FCA)