
Bitpanda’s UK Comeback: How FCA Approval Revives Its Expansion Plans
According to deputy CEO Enzersdorfer-Konrad, Bitpanda’s UK crypto offering will not be different from what it offers in Europe.
According to deputy CEO Enzersdorfer-Konrad, Bitpanda’s UK crypto offering will not be different from what it offers in Europe.
Japan’s FSA plans to treat crypto financial products like securities, potentially lifting the ban on Bitcoin ETFs and reducing the tax rate on crypto assets from 55% to 20%.
Apple has already taken action by removing the five mobile applications from its play store.
With one eye on its global expansion efforts, Coinbase will now be keen to maximize its recent registration approval with the FCA for growth.
GSR is now a licensed UK crypto trading entity amid growing institutional demand.
Entrepreneurs such as Steven Bartlett, known for his “Diary of a CEO” podcast, voiced doubts about Britain’s readiness to capitalize on the opportunities crypto offers.
The UK’s FCA intends to provide clear cryptocurrency regulatory guidelines to compete with other markets led by the United States and Europe.
The FCA emphasizes strict crypto regulations to prevent illegal activities, ensuring safety while supporting companies through the registration process.
BCB Group faced and survived a UK FCA investigation according to sources close to the matter.
The new guidelines for marketers cover various topics such as appropriate language usage, specific disclosure requirements, and ethical marketing considerations.
CEX.IO voluntarily suspended its services in the U.K. following the introduction of new rules last year.
The arrest and charge of the UK man responsible for a network of illegal machines, is part of the body’s campaign against crypto ATMs.
Coinbase asserts these on-boardings were accidental, yet 31% of these customers deposited $24.9 million. The FCA reports these funds were used for withdrawals and crypto transactions through other Coinbase entities, totalling $226 million.
Despite this fee waiver, Global X’s Bitcoin and Ethereum ETPs remain relatively modest in size.
The UK’s late entry into the crypto ETN arena contrasts with other jurisdictions in the European market and beyond, where such products have been available for years.