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FCA: Cryptocurrency noobs still buy Bitcoin without understanding it

It’s been 10 years since Bitcoin and its underlying blockchain first emerged, but it seems consumers are still largely uninformed about the inner workings of the technology. Today, the UK’s Financial Conduct Authority (FCA) released two pieces of research – qualitative interviews and a national survey – looking at consumer’s attitudes towards crypto-assets, and found that most people still don’t fully understand what they’re buying. дальше »

2019-3-7 17:33


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Bulgarian cryptocurrency scam lures UK investors with fake FCA accreditation

The UK Financial Conduct Authority (FCA) is warning consumers to be extra vigilant as cryptocurrency scammers are falsely claiming to have FCA accreditation. In a statement from yesterday, the FCA warned Bulgaria-based blockchain startup Next Coin Market is misleading UK-based investors by linking to a fake website that suggests the company has been fully authorized by the FCA, despite having received no such accreditation. дальше »

2019-3-7 13:17


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Financial Conduct Authority (FCA) Opens Consultation with Cryptocurrency Stakeholders for Regulatory Clarity

The Financial Conduct Authority (FCA) has started consultations with the UK’s cryptocurrency market participants to find out the exact digital assets that need to be regulated and the best way to regulate them so as not to stifle innovation while also adequately protecting consumers from the risks, according to consultation paper published on January 23, … Continue reading "Financial Conduct Authority (FCA) Opens Consultation with Cryptocurrency Stakeholders for Regulatory Clarity"Read More. дальше »

2019-1-24 19:00


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UK financial watchdog asks the public how to regulate cryptocurrency

Bitcoin and other cryptocurrencies (cryptoassets) have caused regulators many headaches in recent years. In the latest twist in crypto’s regulation saga, the UK’s financial watchdog has launched a consultation on existing guidance around cryptoassets amid fears that companies could be putting consumers at risk by offering unauthorized services. дальше »

2019-1-24 17:00