FCA Archives - Page 2 of 4

Archax Gets FCA Authorisation to Operate as Digital Securities Exchange

August 19, 2020

Archax announced today that it has become the first digital securities exchange and custodian in the United Kingdom to be regulated by the Financial Conduct Authority (FCA). Via the cryptocurrency exchange i...

IronFX UK Reports Drop in 2019 Revenue, Closes Year Profitable

July 21, 2020

Notesco UK Limited, which operates IronFX UK, has published its financial results for the year ended on the 31st of December 2019, revealing a significant drop in revenue during the period. The principal act...

UK Gov to Bring Crypto Adverts into FCA’s Oversight of Financial Promotions

July 20, 2020

The UK Government is proposing to bring the promotion of crypto-assets into the scope of the FCA’s existing oversight, rather than creating a new framework specifically for these products. Citing concern ove...

UK to Change Binary Options’ Legal Status from Gambling to Investing

April 13, 2020

A recently published draft legislation consultation paper by Her Majesty’s Treasury shows that the UK government is set to switch the regulatory framework for binary options trading from gambling to financial...

FCA Warns Against Bitcoin Evolution, Ignis Markets Clone

March 17, 2020

The Financial Conduct Authority (FCA) on Monday added nine companies providing crypto and financial services to its warning list. The companies include Olympus Global, STS Royals, Bitcoin Evolution, Walker B...

FCA Cautions Against BitMEX, Takes Down Kraken Warning

March 5, 2020

The Financial Conduct Authority (FCA) has issued warnings on Wednesday against two popular crypto exchanges – Kraken and BitMEX – for their operations in the United Kingdom. While the warning on Kraken turne...

FCA Plans to Ban Crypto Derivatives, ETNs

July 3, 2019

The United Kingdom’s financial watchdog on Wednesday announced its intentions to ban the sale of crypto-based derivatives and exchange-traded notes (ETNs) to retail customers. Per the Financial Conduct Autho...

FCA Grants License to First Crypto Hedge Fund

July 3, 2019

Prime Factor Capital, a London-based crypto asset management firm, has received approval from the Financial Conduct Authority (FCA) to operate as a full-scope alternative investment fund manager, according to...

FCA Probes 18 Crypto Firms Operating in UK

December 31, 2018

The Financial Conduct Authority (FCA), the United Kingdom’s financial watchdog, is investigating 18 companies in connection with cryptocurrency transactions amid market threats, according to a Sunday Telegrap...

FCA Has Investigated 50 Cryptocurrency Firms in 2018 So Far

November 27, 2018

The Financial Conduct Authority, the UK’s financial watchdog, has inspected twice as many cryptocurrency-related businesses than it had in May, according to the Daily Telegraph. Market Crash The authority...