FCA Archives - Page 3 of 4

FCA Mulls Ban on Sale of Cryptocurrency Derivatives

November 20, 2018

Speaking at a conference in London this Tuesday, the Executive Director of Strategy and Competition at the Financial Conduct Authority (FCA) said that the British regulator will consult on a ban on the sale o...

FCA Eyes Outright Ban on Cryptocurrency CFDs, Report Says

October 30, 2018

The City watchdog is considering a ban on retail derivatives of cryptocurrencies, including CFDs, futures and options, as part of the UK authorities’ sweeping push to regulate the virtual asset class. The pr...

UK Watchdog Grants Third E-Money Licence to Cryptocurrency Company, Wirex

August 23, 2018

The Financial Conduct Authority, the UK’s financial regulation authority, has granted an operating licence to another cryptocurrency company. This is the third e-money licence that it has issued. The recipie...

FCA Exposes Further Unregulated Crypto Derivatives Dealers

August 7, 2018

British investors have been warned not to take out any cryptocurrency-related services with ‘Fair Oaks Crypto’ after the Financial Conduct Authority (FCA) on Tuesday said it had faked its authorization. The ...

FCA: Banks Should Apply ‘Enhanced Scrutiny’ on Cryptocurrency Customers

June 12, 2018

The financial watchdog of the UK, the Financial Conduct Authority (FCA), has sent a letter to the CEOs of banks entitled ‘cryptoassets and financial crime’. Recipients are told that given the emerging eviden...

FCA Investigates 24 Unregulated Cryptocurrency Businesses

May 27, 2018

The Financial Conduct Authority (FCA), the UK’s financial watchdog, is currently conducting investigations into 24 different cryptocurrency businesses, according to the Financial Times. In addition to this, ...

FCA Alerts Public of Unlicensed Cryptocurrency Broker Get Financial

May 25, 2018

A lesser-known cryptocurrency and FX broker called Get Financial was just blacklisted by the UK’s financial regulator after the company in question claimed that it operated ‎with an FCA license. The Financia...

Coinbase Receives Approval from FCA, Opens Account at Barclays Bank

March 14, 2018

Coinbase of San Francisco has opened an account at Barclay’s Bank of London, according to the Financial Times. This is noteworthy because it is the first time that a digital exchange has opened a bank accoun...

FCA Alerts Investors of Increased Risk of Online Binary Options Scams

January 29, 2018

The Financial Conduct Authority (FCA) has issued a warning to investors to be cautious when tempted to invest in online investment opportunities. The cause for concern on behalf of the UK regulator stems from...

FCA Decides Not to Enforce Regulation on Bitcoin

December 15, 2017

Andrew Bailey, Chief Executive of the UK’s Financial Conduct Authority (FCA), has reached a decision not to regulate Bitcoin. The decision is not indicative of the approval of investments in Bitcoin, despite ...