2023-11-7 23:10 |
It’s not expected to come into force until 2025, but new publications from the FCA and BOE shed light on regulators’ thinking.
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The UK’s Financial Conduct Authority (FCA) has joined forces with the Bank of England (BOE) to gather public input on their forthcoming regulatory framework for stablecoins. In a joint statement released on Nov.
2023-11-7 21:00 | |
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The HM Treasury today published a policy update to the country’s crypto regulation. In it, the UK government has outlined the FCA’s regime in stablecoin regulation. The Bank of England (BoE) and the Payment Systems Regulator (PSR) will also have a role.
2023-10-30 16:18 | |
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Facebook has endured several setbacks in launching Libra as governments are finding it difficult to allow it to run without robust AML practices. Reuters revealed that Facebook has multiple meetings with the finance ministry and various regulators in the U.
2019-9-19 13:00 | |
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The British arm of Interactive Brokers, known as Interactive Brokers U.K. Limited (IBUK), has launched cryptocurrency trading for its clients. According to a press release on Businesswire, IBUK’s investors and financial advisors can start trading Bitcoin (BTC), Ethereum (ETH), Litecoin…
Digital fintech app Revolut has reportedly started onboarding experienced traders on its cryptocurrency exchange dubbed Revolut X. British fintech company Revolut has started what appears to be a phased introduction of its crypto exchange, Revolut X, as part of its…
The UK government has enacted enhanced powers for the National Crime Agency and police to seize and freeze crypto used by criminals. The British National Crime Agency (NCA) will no longer be required to make an arrest before seizing crypto…
A digital pound has been touted as a cheaper, faster, and more modern way of making payments — but not everyone’s in love with the idea. The U.K. recently doubled down on its pledge to become a “global hub” for…
Britain’s last attempt, which included plans to create an NFT, ended in tears. Two years on, and there’s another big challenge on the horizon. The U.K. government has announced it’s taking another swing at fulfilling its ambition of transforming Britain…
Barclays, HSBC, and Citi, among other U.K. financial institutions, are embarking on a joint venture to pilot tokenized deposits. A group of British banks, including Barclays and Citigroup, is working on a new pilot of tokenized deposits aimed at enhancing…
Sticking to the new rules of the UK’s FCA crypto advertisement is necessary to avoid losing money and successfully operate in the British defi market.