UK Crypto Businesses Set to Come Under FCA Financial Crime Reporting Requirement

UK Crypto Businesses Set to Come Under FCA Financial Crime Reporting Requirement
фото показано с : btcmanager.com

2020-8-26 23:00

Crypto businesses in the UK are set to come under even greater scrutiny based on new plans by regulators in the country. The Financial Conduct Authority (FCA) continues to mandate strict compliance with financial laws for all cryptocurrency activities in the UK.

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Financial Conduct Authority (FCA) Calls For Crypto Businesses to Be Registered by June 30th

The U.K. Financial Watchdog, FCA, has reminded crypto-oriented businesses to register with them by June 30, 2020, so that the applications can be processed within the next six months. According to the FCA, entities that haven't registered by then, will not be legally recognized come the Jan 2021 deadline. The FCA does not register “any […]

2020-6-23 18:52


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Blockchain and Privacy. A myth or reality?

Blockchain has come a long way from being just the underlying technology behind Bitcoin and other cryptocurrencies to a whole global technological distributed ledger. When Bitcoin first appeared on the financial scene, it was tagged by many as something used by criminals and therefore its backbone then, the blockchain network was also lilted to something […]

2020-5-21 11:38


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Japan: Amended Crypto Regulations to Come Into Effect on May 1

Japan’s amended crypto regulations will come into effect from May 1, 2020, after a one-month delay with the updated provisions focusing on custody and proper classification of cryptocurrency assets. Japanese Crypto Regulations Focusing on Custody According to a government press release, Japan’s amended Payment Services Act (PSA) and Financial Instruments Exchange Act (FIEA) will beRead MoreRead More.

2020-4-6 15:00


BitMex Research Suggest Bitcoin Ecosystem is Thriving With Diverse Development Work

In the wake of the coronavirus outbreak, the financial institutions have come to a standstill and governments around the globe are pumping and printing fiats at their will to keep it going. Bitcoin, the decentralized digital currency which was created in the wake of the 2008 financial crisis also registered a massive drop of almost […]

2020-3-29 21:12


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Bitcoin Up 95% Since Famous Wealth Manager Warned Not to Buy It

While many like to predict the future price of Bitcoin, accuracy can vary. However, one rule that has become clear in recent years is that betting against Bitcoin is rarely a smart move. Peter Mallouk, a certified financial planner and president of a wealth management firm, is one such person who has come up with […] The post Bitcoin Up 95% Since Famous Wealth Manager Warned Not to Buy It appeared first on BeInCrypto.

2020-2-7 17:02


WEF’s New Global Consortium To Focus On Cryptocurrency Governance Framework

The World Economic Forum (WEF) has announced the creation of a global consortium which will come up with a governance framework for all cryptocurrencies comprising stablecoins. In a blog post, WEF announced that after extensive consultation among the global community members, an international consortium which will work closely with financial institutions, representatives of governments, developers […]

2020-1-27 18:31


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Canada Tightens Regulatory Oversight for Crypto Exchanges  

The Canadian Securities Administration (CSA), the nation’s financial regulator has released new guidelines to govern crypto market participants in the country. The new guidelines require all bitcoin (BTC) trading venues and crypto exchanges to come under its purview and operate in total compliance with securities law, according to a Finance Magnates report on January 17,Read MoreRead More.

2020-1-18 20:00


Last Week’s Top Bitcoin and Cryptocurrency News – Top Stories From December 15-22

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2019-12-28 17:34


Dallas Fed Reserve President Weighs In On Releasing A Digital Currency As A Hedge For Dollar Value

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2019-10-17 18:43


Japanese financial services giant Monex Group forms Security Token Offering Association

Financial services giant Monex Group announced the establishment of a Japanese Security Token Offering Association alongside five other major securities companies in the country. Major Japanese brokerage firms come together to promote STOs Japan could soon see more useful regulations surrounding security tokens as some of the biggest brokerage companies in the country have joined […] The post Japanese financial services giant Monex Group forms Security Token Offering Association appeared first on CryptoSlate.

2019-10-2 00:22


NFL Football Star Russell Okung Hosts #BitcoinIs Bitcoin Conference in Los Angeles Sept 1

The involvement of famous personalities in the crypto industry is one way of ensuring that the asset class is adopted into the mainstream financial system. Many celebrities have come out and shown support for crypto assets, and this has influenced the adoption of digital assets by many people. Russell Okung, an NFL star and a […]

2019-9-3 19:24