BlackRock Secures UK FCA Crypto Registration
The world’s biggest asset manager will be allowed to act as an arranger for iShares Digital Assets AG, who issue Exchange Traded Products.
FCA
U.K. Financial Regulator Aims for Crypto Regime by 2026
The U.K. Financial Conduct Authority (FCA) said it wants to implement a crypto regime by 2026.
Ownership of crypto assets grew by 4% in the past two years, to include some 7 million adults out of the country’s roughly 68 million population.
Crypto Payments Firm BCB Group Was the Subject of an FCA Investigation: Sources
The U.K financial services regulator issued the payments provider a 166 notice late last year
UK Regulator Charges First Individual With Running a Network of Illegal Crypto ATMs
Olumide Osunkoya, 45 year old Londoner has been accused of running crypto ATMs that processed british pounds 2.6 million ($3.4 million) in crypto transactions across various locations.
UK Regulator Says 87% of Crypto Registration Applications Failed to Meet Standards for Approval
The FCA approved only four of the 35 applications it received in the year ended March 31.
UK Regulator FCA Has Issued Over 1K Warnings to Crypto Firms Since October
The FCA’s actions have led to the removal of 48 apps from U.K. app stores, Lucy Castledine, the regulator’s director of consumer investments, said in an interview.
Coinbase’s CBPL Fined $4.5M by UK Regulator for Lapses in Onboarding Controls
Despite the restrictions in place, CBPL onboarded and/or provided e-money services to 13,416 high-risk customers, the Financial Conduct Authority said.
U.K.’s Next Government Must Act Fast to Regulate (and Retain) Crypto Firms
The likely victorious Labour party has taken no stance on digital assets. This needs to change quickly, writes Laura Navaratnam of the Crypto Council for Innovation.
UK Regulator FCA Arrests Two People Associated With 1B-Pound Illegal Crypto Business
The two suspects were interviewed under caution by the FCA and then released on bail.
WisdomTree Gets Green Light to List Bitcoin, Ether ETPs on London Stock Exchange
WisdomTree’s Physical Bitcoin (BTCW) and Physical Ethereum (ETHW) are expected to list on the LSE to professional investors on May 28