Catenaa, Tuesday, December 17, 2024-The Financial Conduct Authority (FCA) on Monday released a discussion paper aimed at tightening regulations within the United Kingdom’s crypto-asset market. The move seeks to tackle abuse, enhance transparency, and provide clearer rules for businesses and consumers.  The FCA is urging authorized trading platforms to adopt stronger internal measures to detect […]

 Catenaa, Thursday, March 27, 2025-The UK’s Financial Conduct Authority (FCA) has raised concerns over the growing number of under-35s investing in cryptocurrencies, calling it a “high-risk” trend that could lead to significant financial losses.  FCA Chief Executive Nikhil Rathi told MPs on Tuesday that millions of young Britons are investing in crypto before considering traditional […]

Catenaa, Tuesday, February 04, 2025 – US-based cryptocurrency exchanges Kraken and Coinbase have received regulatory approvals, clearing the way for expanded operations in the European Union and the United Kingdom, respectively. Kraken obtained a Markets in Financial Instruments Directive (MiFID) license in the EU through its acquisition of a Cypriot investment firm regulated by the […]

Catenaa, Friday, November 29, 2024-A report by the UK’s Financial Conduct Authority (FCA) revealed that 12% of UK adults, or approximately 7 million people, now own cryptocurrency, up from 10% in 2022. The average value of crypto holdings rose to £1,842, with a growing percentage of investors holding assets worth £5,001 to £10,000. The study can […]