TSB, a British bank, is planning to ban cryptocurrency purchases due to fraud concerns. The company reported an alarming number of fraudulent transactions on cryptocurrency
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FCA’s Fourth Consumer Report Shows UK’s Crypto Asset Ownership Increased 27% Since Last Year
The UK’s Financial Conduct Authority (FCA) has published a research report that reveals crypto asset ownership has increased a great deal. According to the study,
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51 crypto firms withdraw licensing applications in the UK
The inability to satisfy Anti-Money Laundering standards set by regulators in the United Kingdom is reportedly forcing many crypto companies out of business.
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UK Regulator Extends Temporary Registrations Regime as Crypto Firms Fail to Meet AML Rules
Many companies operating with cryptocurrencies are not meeting anti-money laundering regulations, the U.K.’s Financial Conduct Authority revealed. The government agency has extended its temporary registration
Read moreFCA Crypto Registration Deadline Extension Relief for Firms
The financial watchdog of the United Kingdom, the Financial Conduct Authority (FCA), has extended the period for crypto firms in the country to register their
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UK FCA buys another 9 months to review crypto companies’ registrations
The Temporary Registrations Regime’s end date for crypto companies has been pushed to March 2022.
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