Catenaa, Friday, June 20, 2025-The Bank of England will introduce tough new regulations limiting how banks handle cryptocurrencies by 2026, adopting a cautious stance amid concerns over digital asset volatility and financial stability. David Bailey, executive director for prudential policy at the BoE, said Wednesday the proposed framework will be on the “restrictive end” of […]
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, Tuesday, May 13, 2025-British businesses in the crypto sector are facing growing challenges as banks in the UK increasingly deny services, a practice some describe as “debanking,” similar to trends seen in the United States. A survey of about 80 UK crypto companies revealed that half had been either rejected for business bank accounts […]
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 […]
Catenaa, Saturday, June 14, 2025- The United Kingdom’s Financial Conduct Authority (FCA) has proposed ending its four-year ban on crypto exchange-traded notes (ETNs) for retail investors, potentially reopening access to these digital asset-linked products as early as 2026. The ban, implemented in 2021 amid concerns over consumer protection, volatility, and market manipulation, prevented everyday investors […]
Catenaa, Saturday, May 10, 2025-The UK Financial Conduct Authority is inviting public input on staking, lending, decentralized finance (DeFi), and other crypto-related activities as part of a new discussion paper released Friday, signaling a major step toward comprehensive digital asset regulation. The consultation comes on the heels of draft legislation from the UK Treasury earlier […]
Catenaa, Friday, May 30, 2025- The United Kingdom’s Financial Conduct Authority released fresh regulatory proposals Tuesday targeting stablecoin issuers and crypto custody providers, seeking public input ahead of finalizing rules expected in 2026. The FCA’s consultation, open until July 31, 2025, aims to create a balanced regulatory framework that encourages innovation while ensuring market integrity […]