British Regulator FCA Prepares a Potential Ban of Crypto CFDs for Retail Investors

The Financial Conduct Authority is planning a ban on crypto derivative products for retail investors. British financial watchdog, the Financial Conduct Authority (FCA), is preparing a potential ban on the sale of crypto derivatives to retail investors, according to an official document released on July 1. In the document, titled “Restricting contract for difference products […]

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UK Financial Watchdog Grants License to London-Based Crypto Asset Firm

London-based crypto asset management firm Prime Factor Capital has obtained a license from the FCA to operate as a full-scope Alternative Investment Fund Manager. London-based crypto asset management firm Prime Factor Capital has obtained a license from the Financial Conduct Authority (FCA) to operate as a full-scope Alternative Investment Fund Manager (AIFM). The development was […]

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Survey: 27% of UK Residents Want to See Crypto in More Real-World Applications

A new survey by U.K-based crypto exchange CEX.io has revealed that 27% of surveyed U.K. citizens hope to see cryptocurrencies in “real-world applications.” 27% of surveyed United Kingdom citizens hope to see cryptocurrencies in “real-world applications,” according to recent research by U.K.-based crypto exchange CEX.io, technology news outlet BTCManager reported on June 27. CEX.io provided […]

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UK Financial Watchdog Blacklists Clones of Two Major Financial Firms

The United Kingdom’s Financial Conduct Authority warned investors of two fraudulent clones of financial firms. The British Financial Conduct Authority (FCA) has warned investors of a fraudulent company posing as the Swiss Investment Corporation, an FCA-authorized firm offering crypto investments, and another company that is a clone of Goldman Sachs, the regulator announced on June […]

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Crypto Advocacy Center Says Proposed UK AML Regulations Violate Privacy Rights

Nonprofit crypto advocacy center Coin Center has urged Her Majesty’s Treasury not to over-broaden the scope of the U.K.’s anti-money laundering regulations Coin Center — a nonprofit research and advocacy center focused on crypto-related public policy issues — has urged Her Majesty’s Treasury not to over-broaden the scope of the United Kingdom’s anti-money laundering/counter terrorism […]

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