Financial Conduct Authority
The exchange hired Julian Sawyer, former co-founder and chief operating officer of a U.K. digital bank, to shape the exchange’s strategy in the region and manage European hiring.
The U.K. Financial Conduct Authority warned against investing in cryptocurrency-based contracts in a post published Tuesday.
The subsidiary of cryptocurrency exchange Kraken has obtained a U.K. license allowing it to operate its derivatives platform in the EU.
The U.K.'s Financial Conduct Authority found that DLT businesses do not receive loans from banks as much as other companies.
The U.K.'s Financial Conduct Authority is the latest in a wave of regulators to issue a formal warning on initial coin offerings.