FCA
UK FCA Proposes 10% Crypto Cap for Retail Funds
The UK FCA proposes allowing retail funds to allocate up to 10% to crypto, balancing market innovation with investor protection.
FCA Warns Premier League Clubs Against Risky Crypto Deals
FCA cautions Premier League clubs against sponsorships with unauthorized crypto firms, citing legal and AML risks, as crypto marketing faces tougher scrutiny.
Aave Labs' Push Secures FCA Approval for UK Stablecoin Ramping
Aave Labs' UK subsidiaries gain FCA registration, advancing regulated stablecoin infrastructure and aligning with upcoming UK crypto rules.
UK Eyes Near-24/7 Settlement to Support Tokenization Push
The UK is advancing tokenized finance with near-24/7 settlement plans and regulatory alignment between the FCA and Bank of England.
FCA's Role in Embracing Tokenisation for a Digital-First UK Financial System
The FCA's latest consultation on tokenisation aims to transform the UK's financial landscape by enhancing transparency, efficiency, and accessibility, positioning the UK as a leader in digital finance.
FCA Targets HTX for Unauthorized Crypto Promotions in the UK
The Financial Conduct Authority (FCA) has initiated legal action against HTX for allegedly breaching UK financial promotion rules, highlighting increasing regulatory scrutiny over crypto exchanges.
OKX Introduces Mandatory Risk-Awareness Questionnaires for UK Users
OKX aligns with UK financial regulations by introducing mandatory risk-awareness questionnaires for its users, fostering responsible cryptocurrency trading and informed decision-making.
FCA Unveils Guidance on Cryptoasset Promotions Compliance
The UK's Financial Conduct Authority has issued a finalised non-handbook guidance on Cryptoasset Financial Promotions, aiming to clarify compliance with new laws and balance consumer protection with innovation for long-term economic growth.
FCA Restricts Rebuildingsociety.com, Impeding Binance's UK Compliance Efforts
The UK's Financial Conduct Authority (FCA) has imposed restrictions on Rebuildingsociety.com Ltd, a peer-to-peer lending platform, impacting its recent partnership with crypto exchange Binance for complying with the FCA's marketing regime. The regulation mandates firms to ensure transparent and fair marketing, affecting Binance’s strategy to serve the UK market. The move showcases the FCA's stringent stance towards ensuring marketing compliance, especially within the crypto sector.
UK's FCA Introduces New Financial Promotions Regime for Cryptoasset Firms
The UK's Financial Conduct Authority (FCA) has issued a letter to cryptoasset firms outlining a new financial promotions regime. This legislation, set to be enforced from 8 October 2023, requires all entities marketing cryptoassets to UK consumers, including those based abroad, to adhere to the new regime.
