FCA

FCA Warns Public About Clone Firm Offering Crypto Investment

The British Financial Conduct Authority (FCA) has warned the public about First BTC FX, a supposed clone firm offering fraudulent…

UK Fund That Aims to Capitalize on Crypto Volatility Raises $50 Million

U.K.-licensed Nickel Asset Management says it has raised $50 million for a fund aimed to make profits off the volatility of…

UK Regulators: Beware of Crypto Assets, They Lack “Intrinsic Value”

The United Kingdom’s Financial Conduct Authority (FCA) has warned the public that is should beware of investing in crypto assets.…

UK Financial Watchdog Issues Full Guidance on Crypto Assets

The U.K. Financial Conduct Authority (FCA) has finalized its guidance on crypto assets, clarifying which tokens fall under its jurisdiction.…

UK Finance Watchdog Mimicked in Crypto Scam Email

A U.K. financial watchdog is being impersonated in an email promoting a cryptocurrency scam. Purporting to be sent from British…

How 10 Countries Respond to Facebook’s Libra Cryptocurrency

A growing number of governments have responded to Facebook’s cryptocurrency plans including China, France, India, Japan, South Korea, Russia, Singapore,…

UK Finance Watchdog Takes Step Toward Ban on Crypto Derivatives, ETNs

A U.K. financial regulator is planning to outlaw cryptocurrency-based derivatives in a bid to protect investors from financial harm. In…

UK Regulators Want a Long Look at Libra, Admonish Facebook’s Mantra to ‘Move Fast, Break Things’

Facebook’s former mantra of “move fast and break things” won’t cut it for a senior official at Britain’s top financial…

U.K. Regulators Approve First Cryptocurrency Hedge Fund

Prime Factor Capital, a London-based hedge fund manager founded by former BlackRock and RWE AG employees, became the first crypto…

Crypto and Forex Scam Reports Tripled in the UK Last Year, Watchdog Says

Reports of cryptocurrency and foreign exchange scams in the U.K. grew threefold in the last financial year – spiking to…

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