Financial Conduct Authority

Bans on aggressive marketing were set to take effect in October, but companies can apply to delay some aspects until January.

By Jack Schickler

Sep 7, 2023 at 3:18 p.m. UTC

Sep 7, 2023

RegulationsUKAdvertisingFinancial Conduct Authority

Crypto Facilities is in talks with the FCA. (Shutterstock)

Crypto Exchange Kraken's UK Derivatives Unit Looking to Expands Its Service: Bloomberg

The firm is looking move into a void in the crypto derivatives market left when FTX collapsed last November.

By Jamie Crawley

Sep 7, 2023 at 3:11 p.m. UTC

Sep 7, 2023

KrakenFinancial Conduct AuthorityFCAUKDerivatives

Nikhil Rathi, CEO, UK Financial Conduct Authority

UK FCA Chief Warns Against Judging Crypto Firms by Size for Approval Decisions

The Financial Conduct Authority has turned down some of the largest crypto firms in the world in the last two years, its CEO Nikhil Rathi told lawmakers at a hearing.

By Camomile Shumba

Jul 19, 2023 at 4:54 p.m. UTC

Jul 19, 2023

RegulationsCryptoUKFCAFinancial Conduct Authority

Even Unpaid Social Media Crypto Promotions May Breach UK Ad Rules: Financial Regulator

The Financial Conduct Authority (FCA) gained oversight of crypto promotions with the approval of the Financial Services and Markets Act last month.

By Camomile Shumba

Jul 18, 2023 at 11:06 a.m. UTC

Jul 18, 2023

RegulationsSocial MediaAdvertisingInfluencersUKFCAFinancial Conduct Authority

Unregistered crypto ATMs are illegal, the FCA said (Ivan Radic/Flickr)

UK’s FCA Continues Crackdown on Unregistered Crypto ATMs

The regulator, along with local police, raided sites in Exeter, Nottingham and Sheffield, saying that the cash-to-crypto converters are unlawful and a money laundering threat.

By Jack Schickler

May 5, 2023 at 9:19 a.m. UTC

May 5, 2023

RegulationsATMsUKFinancial Conduct Authority

Some of the U.K.'s crypto companies have found they can continue serving local users without having to go through the Financial Conduct Authority's registration process by simply operating out of a different jurisdiction. (Peter Cade/GettyImages)

UK Crypto Firms and Regulator Blame Each Other for Industry Exodus

Firms that tried, and failed, to register with the Financial Conduct Authority cite delays and poor feedback. The regulator says it rejected applications for failing to meet requirements.

By Camomile Shumba

Feb 8, 2023 at 9:00 a.m. UTC

Feb 8, 2023

CryptoUKRegulationFCAFinancial Conduct Authority

Crypto Payments App MoonPay Gains UK Regulator Registration

The firm was registered with the Financial Conduct Authority as of Friday, signifying compliance with money laundering rules.

By Jack Schickler

Dec 12, 2022 at 10:50 a.m. UTC

Dec 12, 2022

RegulationsUKFinancial Conduct AuthorityMoonPay

Coinbase ad on London Underground (Sheldon Reback/CoinDesk)

UK Powers to Regulate Crypto Ads Approved by Lawmaker Committee

All kinds of unregistered crypto providers could also be outlawed by the rules – not just stablecoin issuers.

By Jack Schickler

Nov 3, 2022 at 12:52 p.m. UTC

Nov 3, 2022

RegulationsUKStablecoinsAdvertisingFinancial Conduct Authority

U.K. lawmaker Matt Hancock (Matt Hancock)

UK Lawmaker Matt Hancock Doesn’t Regret Pro-Crypto Swerve

The former cabinet minister is pushing for the government to be more pro-innovation.

By Jack Schickler

Oct 13, 2022 at 8:00 a.m. UTC

Oct 13, 2022

RegulationsUKStablecoinsUK GovernmentFinancial Conduct AuthorityWeb3

Robinhood Agrees to Acquire UK Crypto Platform Ziglu

Online brokerage platform Robinhood has agreed to acquire London-based crypto platform Ziglu, which is one of few firms to have a crucial U.K. Financial Conduct Authority (FCA) registration. “The Hash” group discusses Robinhood’s increasing presence as a crypto player and its ambitions to ease onboarding into the Web 3 economy.

By CoinDesk Staff

Apr 19, 2022 at 8:17 p.m. UTC

Apr 19, 2022

cdtvHash clipRobinhoodFinancial Conduct AuthorityFCAWeb 3Ziglu

Financial Conduct Authority

Policy

U.K. Crypto Firms Can Apply for 3-Month Reprieve to Comply With Tough New Ad Rules

Finance

Crypto Exchange Kraken's UK Derivatives Unit Looking to Expands Its Service: Bloomberg

Policy

UK FCA Chief Warns Against Judging Crypto Firms by Size for Approval Decisions

Policy

Even Unpaid Social Media Crypto Promotions May Breach UK Ad Rules: Financial Regulator

Policy

UK’s FCA Continues Crackdown on Unregistered Crypto ATMs

Policy

UK Crypto Firms and Regulator Blame Each Other for Industry Exodus

Policy

Crypto Payments App MoonPay Gains UK Regulator Registration

Policy

UK Powers to Regulate Crypto Ads Approved by Lawmaker Committee

Policy

UK Lawmaker Matt Hancock Doesn’t Regret Pro-Crypto Swerve

Video

Robinhood Agrees to Acquire UK Crypto Platform Ziglu