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Exchanges
Binance Users Report Issues with Sterling Deposits and Withdrawals
2021-06-29T22:03:52.000+02:00
The crypto exchange has not publicly reported issues with payment gateways that process sterling transactions.
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NatWest Group Imposes Limits on Transfers to Crypto Exchanges
2021-06-29T20:09:40.000+02:00
The holding did not specify which crypto exchanges were included on the caps imposed.
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UK Crypto Firms Are Withdrawing FCA Registration Applications
2021-06-29T15:28:58.000+02:00
A total of 64 crypto companies have taken their applications back.
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UK Authorities Seize $158 Million Worth in Cryptocurrencies
2021-06-25T04:26:44.000+02:00
The seizure could be one of the biggest one-of-its-kind globally.
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Regulation
FCA Warns against 111 Unregistered Crypto Companies
2021-06-23T10:23:09.000+02:00
The regulator has mandated the registration of UK crypto firms.
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News
Revolut Losses Deepen in 2020 despite 57% Revenue Jump
2021-06-21T14:49:31.000+02:00
The $5.5 billion startup is planning for further fundraising.
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News
2.3 Million UK Adults Hold Crypto Assets: FCA
2021-06-17T14:27:01.000+02:00
Understanding of crypto among investors is declining.
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Brokers
Interactive Brokers (UK) Posts 21% Jump in 2020 Revenue
2021-06-16T08:22:28.000+02:00
The broker generated a pre-tax profit of £15.3 million in that period.
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Retail FX
UK FCA Warns on Clone Firms from Two Financial Companies
2021-06-09T19:11:30.000+02:00
The financial watchdog says fraudsters are using clone firms to impersonate FCA-licensed companies.
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Brokers
Swissquote’s UK Subsidiary Posts Uptick in 2020 Revenue
2021-06-03T12:38:59.000+02:00
The company is now looking for opportunities in new markets and products.
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Regulation
UK’s FCA Extends Temporary Relief to Crypto Firms till March 2022
2021-06-03T09:46:06.000+02:00
Firms that applied for registration before December 16, 2020, will be eligible under the scheme.
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News
UK Bans Luno's ‘Misleading’ Bitcoin Ad
2021-05-26T10:47:10.000+02:00
The exchange ran the ad campaign in February across London’s Tube stations and buses.
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Brokers
Admiral Markets’ UK Division Reports 90% Jump in 2020 Profits
2021-05-20T13:29:13.000+02:00
The subsidiary is slowly turning all its focus to UK clients.
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Brokers
Vantage FX Pushes UK Operations with New Mobile App
2021-05-18T01:01:50.000+02:00
The broker added other features to enhance the client experience.
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Regulation
UK’s HMRC Seeks Crypto Holding Details from Taxpayers
2021-04-29T13:38:31.000+02:00
The department is concerned with the use of cryptocurrencies by criminals.
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Regulation
CySEC Admits 88 UK Firms under Temporary Permissions Regime
2021-04-27T14:38:35.000+02:00
The companies will be allowed to operate without a physical presence until the end of this year.
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Brokers
UK Government Announces New Compensation Plan for LCF Victims
2021-04-19T17:15:50.000+02:00
The scheme will provide 80 percent of LCF bondholders’ initial investment up to a maximum of £68,000.
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News
Britcoin: UK Forms Taskforce for the Launch of Digital Sterling
2021-04-19T15:32:45.000+02:00
The central bank assured that the CBDC will not affect the existing monetary system.
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Brokers
FCA Stops UK Operation of CFDs Broker Finteractive Limited (FXVC)
2021-04-16T15:55:21.000+02:00
The CySEC-licensed company was operating in the UK under FCA’s Temporary Permission Regime.
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Crypto Regulations in the UK at a “Tipping Point”: CryptoUK’s Ian Taylor
2021-04-06T13:56:17.000+02:00
The chair of the self-regulatory trade association for the UK cryptoasset industry speaks.
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Brokers
CMC Markets Expects Almost £400 Million in FY2021 Income
2021-03-25T10:23:31.000+02:00
The brokerage has upped its income expectations twice for the ongoing financial year.
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UK Bans Coinfloor’s ‘Irresponsible’ Bitcoin Ad
2021-03-17T10:58:31.000+02:00
The ad featured a woman who bought Bitcoin with a third of her pension.
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UK Crypto Firms Seek HM Chancellor’s Push in Registration Delay
2021-03-15T14:27:53.000+02:00
More than 150 crypto companies were awaiting registration at the end of 2020.
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Bybit to Shut UK Operation, Cites FCA’s Crypto Derivatives Ban
2021-03-05T14:50:53.000+02:00
The ban on all retail crypto derivatives instruments was imposed on January 6, 2021.
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News
United Kingdom to Lead Fintech with New Recommended Blueprint
2021-02-26T11:18:25.000+02:00
The review suggested the setup of a £1 billion fintech fund, along with improving regulations.
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