U.K Financial Conduct Authority (FCA) has proposed to reverse its restriction on cryptocurrency exchange-traded notes (ETNs) for retail investors. This move strengthens the UK position in major global crypto markets. It seeks to provide more people with opportunities and maintain investor protections. The new rule enables investors to trade crypto ETNs listed on approved investment […]
FCA
UK Moves In on Crypto, What the FCA’s Plan Could Mean for the Market
The Financial Conduct Authority (FCA) launched a public consultation about crypto key areas such as staking, lending, and DeFi. The regulator introduced a document to establish regulatory guidelines that fit modern digital asset market trends. This public initiative includes the strategic development of an innovative, secure crypto environment in the United Kingdom. The FCA aims […]
Kraken Launches Ambitious Crypto Derivatives in UK, Targets Institutions and Eligible Clients
Kraken, a top crypto exchange, has launched a crypto derivatives trading service in the UK. The service is accessible to professional investors under the regulations of the U.K. Financial Conduct Authority(FCA). Kraken’s entry into the UK market marks a major step in the company’s expansion in institutional markets. The product was initially accessible to select […]
BlackRock Secures FCA Approval to Launch Bitcoin ETP in UK
The UK Financial Conduct Authority (FCA) approved BlackRock’s registration to operate as a crypto asset firm. The registration enables BlackRock to launch its European Bitcoin exchange-traded product (ETP) in UK markets. The approval adds the company to the list of major crypto players which operate in the UK’s regulated crypto market such as Coinbase, PayPal […]
UK Banker Proposes ‘Tax Crypto’ to Boost Stock Market Investment
Cavendish investment bank chair, Lisa Gordon has proposed cryptocurrency taxation to drive investments into local stocks. Gordon proposes a tax shift which transfers the stamp duty from equities to crypto or reduces stamp duty on equities. The proposal aims to direct its funds towards UK businesses to propel economic growth in the country. Gordon’s Proposal […]
Kraken Gains EMI License: What It Means for UK Crypto Traders, Report
Kraken has recently been granted an authorization from the FCA to operate as an Electronic Money Institution (EMI). This license enables Kraken to issue the electronic money which would enable the faster and convenient deposits and withdrawal of funds from the platform to the users in United Kingdom. Kraken’s UK Expansion Plans The new authorization […]
Dubai Regulator VARA Crackdown On Memecoins: Issues Caution to Investors
Dubai’s crypto regulator VARA has warned about the dangers of memecoins, highlighting their lack of intrinsic value and high volatility. Investors must adhere to the authority’s regulations to avoid severe financial risks and penalties. Dubai’s Cracks Down on Memecoins Dubai’s Virtual Assets Regulatory Authority (VARA) has issued a warning to investors about the risks of […]
Coinbase Obtains FCA Approval to Revolutionize UK Crypto Market
Coinbase continues to build its global presence with a significant milestone. The exchange has secured VASP registration with the UK’s FCA, enabling the company to offer both crypto and fiat products directly within the market. Coinbase Secures VASP Registration with UK FCA Coinbase has secured registration as a Virtual Asset Service Provider (VASP) from the […]
Crypto’s Future in the UK: FCA’s Powerful Plan for Regulation
The UK’s Financial Conduct Authority (FCA) has unveiled a discussion paper outlining its strategy for regulating crypto and crypto asset public offerings (ICOs). While not yet a law, this paper sets a roadmap for the future regulatory landscape. The Government’s Legislative Move The UK government is taking significant steps toward establishing a regulatory framework for […]
UK Fortifies Crypto Framework To Ensure Market Integrity
In a landmark move, the United Kingdom has strengthened its legal framework to fight financial crimes in the cryptocurrency industry. The Financial Conduct Authority (FCA) which supervises the growing crypto market of the UK will soon be endowed with more authority to tackle illegal activities surrounding digital assets. The Economic Crime and Corporate Transparency Bill, […]