Financial Conduct Authority

Financial Conduct Authority is a financial regulatory body in the United Kingdom, but operates independently of the UK Government, and is financed by charging fees to members of the financial services industry.

Source: fca.org.uk

UK’s Crypto Plans May Seek to Reverse Regulators’ Actions
UK’s Crypto Plans May Seek to Reverse Regulators’ Actions
April 05, 2022  |  Cryptocurrency

The U.K. government on Monday (April 4) unveiled plans to become a “global hub” for the crypto industry. The speech by Economic Secretary to the...

READ MORE >
UK Stakes Claim to Crypto Leadership, Cites Friendly Regulatory Climate
UK Stakes Claim to Crypto Leadership, Cites Friendly Regulatory Climate
April 05, 2022  |  Cryptocurrency

As British Economic Secretary John Glen announced plans to embrace stablecoins and make “dynamic” regulation of crypto technologies part of a broad plan to make...

READ MORE >
Digital Fraud Tracker: Crypto Scams Increased in UK Last Year
Digital Fraud Tracker: Crypto Scams Increased in UK Last Year
April 04, 2022  |  Security & Fraud

The U.K.’s Financial Conduct Authority (FCA) was busy in 2021 when it came to keeping the cryptocurrency space safe, not only fighting off money laundering...

READ MORE >
Crypto Payments Firm Wirex Withdraws from FCA Registry
Crypto Payments Firm Wirex Withdraws from FCA Registry
March 28, 2022  |  Cryptocurrency

Wirex, the London-based cryptocurrency exchange platform, has withdrawn its application for a license from the United Kingdom’s Financial Conduct Authority (FCA), CoinDesk.com reported Monday (March...

READ MORE >
UK to Boost Open Banking With New Regulator
UK to Boost Open Banking With New Regulator
March 25, 2022  |  Banking

The U.K. Treasury, the Competition and Markets Authority (CMA), the Financial Conduct Authority (FCA) and the Payment System Regulator (PSR), issued a joint statement Friday...

READ MORE >
Crypto Promotions in the UK Will Be Harder To Get Approved 
Crypto Promotions in the UK Will Be Harder To Get Approved 
March 24, 2022  |  Cryptocurrency

Advertising cryptocurrencies and other crypto assets in the U.K. has been largely unregulated — like the crypto industry itself — and according to regulators, the...

READ MORE >
UK Watchdog Orders Crypto ATM Agents to Pull Plugs
UK Watchdog Orders Crypto ATM Agents to Pull Plugs
March 11, 2022  |  Cryptocurrency

All of the cryptocurrency ATMs currently available in the U.K. are operating illegally and are being warned by the Financial Conduct Authority (FCA) to cease...

READ MORE >
Binance’s Plan to Build Crypto-to-Fiat Payments Rail Meets Regulatory Resistance
Binance’s Plan to Build Crypto-to-Fiat Payments Rail Meets Regulatory Resistance
March 08, 2022  |  Regulation

The road to payments processing is littered with potholes, and it appears Binance, the world’s top cryptocurrency exchange, drove into one Monday (March 7). That’s...

READ MORE >
FCA Warns Public on Consumer Investments Fraud
FCA Warns Public on Consumer Investments Fraud
March 03, 2022  |  Fraud Prevention

The Financial Conduct Authority (FCA) on Thursday (March 3) announced it will take “assertive action to tackle harm in the consumer investments market” and is...

READ MORE >