UK FCA shuts down 26 crypto ATMs following coordinated investigation
The FCA — along with other law enforcement agencies — investigated 36 crypto ATM locations using powers under the Money Laundering Regulations 2017.
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Bitstamp now included on FCA's list of registered crypto firms
The Financial Conduct Authority listed 42 registered crypto firms in compliance with the U.K. government's Anti-Money Laundering and Combating the Financing of Terrorism rules.
Crypto ads face stricter rules including a referral bonus ban by FCA
Crypto services in the U.K. will face stricter regulations, including a "cooling-off period" for first-time investors and a ban on "refer a friend" bonuses.
FCA officials tell UK parliamentary committee crypto regulation is unavoidable
The CEO and chairman of the UK’s financial regulator took a grim tone as they discussed crypto regulation, but conceded that they’re the ones who have to do it.
UK FCA to take action against unregistered, illegal cryptocurrency ATMs
According to FCA, all crypto ATM operators in the United Kingdom are currently illegal because none of them is registered with the regulator.
UK's FCA hints at why its given only 15% of crypto firms the regulatory nod
The UK financial watchdog has received 300 crypto firm registration applications but has approved only 41 applicants.
FCA green lights Revolut, making no UK crypto firms operating under temporary status
Revolut had been the last ‘holdout’ out of 12 companies originally granted FCA temporary registration to continue offering crypto services in March.
ePayments shutters as FCA Anti-Money Laundering regulations tighten
The electronic payment provider is permanently closing operations due to the inability to satisfactorily meet the standards of the FCA after suspending operations for three years.
High-ranking crime fighter to join UK’s FCA as payments and digital assets director
The Financial Conduct Authority is introducing the post of digital assets director as part of a hiring spree that goes along with its new, more assertive strategy.
FCA will 'absolutely' consider recent stablecoin depegging when drafting crypto rules: Report
The United Kingdom's Economic and Finance Ministry announced in April that it would work to incorporate stablecoins into a regulatory framework on digital assets.