FCA Orders ePayments to Suspend Its Operations Until AML Regulations Are Met
By Steve Muchoki February 12th, 2020
ePayments Systems Ltd had to suspend online payment operations after the Financial Conduct Authority (FCA) order due to AML concerns.
Robinhood Stock-Trading Startup Officially Abandons Plan to Become a Full Bank
By Tolu Ajiboye November 28th, 2019
Robinhood has announced a voluntary withdrawal of its application for a bank charter, to become a proper bank in the U.S.
Robinhood Expands Commission-Free Crypto Trading to 8 Additional U.S. States
By Tolu Ajiboye November 1st, 2019
Now residents in 47 U.S. states have access to trading 7 digital assets free of charge on the Robinhood platform.
ICE, NASDAQ, CME Urge FCA Not to Restrict Crypto Derivatives for Retail Investors
By Verolian Opiyo October 8th, 2019
The WFE, which scouts together over 70 exchanges, including the London Stock Exchange Group, Deutsche Borse, NASDAQ, and Intercontinental Exchange, has requested FCA not to illegalize cryptocurrency derivatives.
Messaging Giant Line Rolls Out Crypto Exchange Bitmax
By Daria Rud September 18th, 2019
Japan’s messaging app LINE has launched a crypto trading platform Bitmax. Initially, it will allow users to trade five types of cryptocurrencies: Bitcoin, Ethereum, Ripple, Bitcoin Cash, and Litecoin.
Europe, Led by France, Set to Block Facebook’s Libra
By Teuta Franjkovic September 12th, 2019
France warned that it will block the development of Facebook’s planned Libra cryptocurrency in Europe as it represents itself a threat for the “monetary sovereignty” of governments.
Barclays Broke Up with Coinbase and Put Crypto Relations to Cold
By Teuta Franjkovic August 14th, 2019
Coinbase’s partnership with Barclays allowed British clients to use Coinbase extensively. The end of this partnership could also potentially end Coinbase users’ access to the UK “Faster Payments Scheme” (FPS).
Robinhood Is Authorized to Operate as a Broker in the U.K.
By Janis Rijnieks August 8th, 2019
Robinhood, the stock trading app, has been approved by the U.K. regulatory instances to operate as a broker. This is a part of the company’s plans to set up a shop in London.
For the First Time U.K. Decided to Approve a Crypto Hedge Fund
By Teuta Franjkovic July 4th, 2019
Prime Factor Capital, “an asset manager that specialises in cryptocurrencies,” has been licensed by the Financial Conduct Authority (FCA), the region’s financial regulator, to operate as an Alternative Investment Fund Manager (AIFM).
Coinbase Exec Unveils What 2019 Will Bring for Bitcoin Regulation Globally
By Sofiko Abeslamidze January 21st, 2019
The unfolding year is said to bring many changes to cryptos and an intense regulation framework is going to be one of them according to Coinbase’s lead counsel in the UK.
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