UK Archives - Page 3 of 7

UK Crypto Firms To Potentially Face Anti-Money Laundering Reporting Requirements

August 25, 2020

UK crypto firms to potentially face anti-money laundering reporting requirements. The Financial Conduct Authority proposed, in a consultation paper released this month, to expand annual financial crime monito...

UK’s FCA Approves Gemini as a Registered Crypto Exchange

August 20, 2020

Winklevoss twins’ crypto exchange, Gemini has received the green light from the Financial Conduct Authority (FCA) to start its operations in the United Kingdom. The UK regulator added Gemini Europe Limited, ...

UK Ministers To Raise Legal Age For Playing National Lottery

August 16, 2020

UK ministers to raise legal age for playing national lottery. Ministers are set to raise the legal age for playing the National Lottery to 18. However, the move to curb problem gambling among the young is not...

UK Casinos Remain Shut Until August 15

August 3, 2020

UK casinos remain shut until August 15th. Casinos in the United Kingdom are to remain closed until at least August 15 after the government has delayed the further relaxation of lockout steps imposed due to th...

UK Casinos Re-Opening Delayed By 2 Weeks

August 1, 2020

UK casinos re-opening delayed by 2 weeks. Prime Minister Boris Johnson announced a delay for at least two more weeks to further lighten virus restrictions in the country, placing the reopening of casinos, ice...

Bank of England to Add CBDC Support to New Payment System

July 30, 2020

The Bank of England (BoE) is making its new payment settlement infrastructure compatible to support transactions with central bank digital currency (CBDC). The update by the crypto-centric news website Coind...

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...

Bethard To Leave UK Online Gambling Market Next Month

June 18, 2020

Bethard to leave UK online gambling market next month. Online gaming provider Bethard will leave the UK market next month, the latest in a rising rush to exit amid the country's increasingly stringent regulat...

UK Casinos To Reopen On July 4

June 9, 2020

UK casinos to reopen on July 4th. The land-based casinos in the UK are going to resume their operations from July 4th after being closed since March 23rd. The UK Government has confirmed that hospitality and...