2023-5-24 10:25 |
The consultation period closes on July 31.
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The UK's Financial Conduct Authority approves WisdomTree to list the first Bitcoin and Ethereum exchange-traded products on the London Stock Exchange, signaling a shift in the regulator's stance.
WisdomTree's Physical Bitcoin (BTCW) and Physical Ethereum (ETHW) are expected to list on the LSE to professional investors on May 28
Between 2022 and 2023 Crypto alongside retail banking, wholesale banking and wealth management posed the greatest risk of being exploited for money laundering, a report by the U.K. Treasury department showed.
"The use of memes in promotions is particularly prevalent in the crypto-asset sector," the FCA's guidance said.
BNXA UK VASP is the first firm to land on the Financial Conduct Authority's crypto register this year.
The United Kingdom’s financial regulator has endorsed a blueprint model designed to facilitate the tokenization of funds for asset management firms.
Those approving ads for other crypto companies are already facing regulatory scrutiny – and will soon need new permissions to continue.