FCA


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What Crypto Legislation Could Look Like for the US, UK and Europe

Several regulatory initiatives are underway to expand oversight of this nascent industry, the former head of fintech at the U.K. Financial Conduct Authority writes.

Several regulatory initiatives are underway to expand oversight of this nascent industry, the former head of fintech at the U.K. Financial Conduct Authority writes. (Javier Miranda/Unsplash)

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Incoming FCA Chair Calls Crypto Firms Like FTX 'Deliberately Evasive'

Ashley Alder, who is currently the CEO of Hong Kong’s Securities and Futures Commission, will be commencing his role with the Financial Conduct Authority on Feb. 20, he told the Treasury Committee.

Ashley Alder will become chair of the U.K.'s FCA next year. (H.K. Securities and Futures Commission)

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UK Financial Regulator Seeks Comments on Ad Approval Process for Crypto

Only companies with Financial Conduct Authority permission will be able to approve promotional material.

Coinbase ad on London Underground (Tube). August 2021. (Sheldon Reback/CoinDesk)

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FCA-Regulated Crypto Custodian Digivault Is Up for Sale Following Eqonex Liquidation: Source

A deal to buy Digivault, which is winding down operations, would include a crypto license in the United Kingdom.

(Brock Wegner/Unsplash)

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Proposed UK Rules Will Make Advertising Crypto a Lot Harder, Industry Warns

Industry members are sounding the alarm on a proposed measure to require crypto service providers to comply with local advertising rules, which could add an additional layer of authorization to an already complex process.

Advertisements in London's metro (Dwayne Paisley-Marshall/Unsplash)

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FCA's Crypto AML Compliance Chief Steps Down

Mark Steward, who led the enforcement of anti-money laundering measures for crypto, is stepping down after seven years with the Financial Conduct Authority.

British Flag (Unsplash)

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UK's FCA Appoints Binu Paul to Lead Its Digital-Assets Department

Paul previously worked as the fintech lead at New Zealand's Financial Markets Authority.

London (Artur Tumasjan/Unsplash)

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UK Shuts Down Temporary Crypto Company Licensing Program

The time it takes to register a firm depends on the quality of the information provided to the Financial Conduct Authority, the regulator told CoinDesk.

London (Artur Tumasjan/Unsplash)

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Digital Bank Revolut Wins FCA Registration to Offer Crypto Services in UK

The trading platform had been operating in the country under a program that gives firms a reprieve while their applications are pending.

(Revolut)

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Crypto Exchange FTX Not Authorized in UK, Financial Watchdog Warns

However, FTX told Bloomberg it believes a scammer is impersonating the company.

Página de inicio del sitio web de la Autoridad de Conducta Financiera para la organización de regulación financiera del Reino Unido. (Shutterstock)