The British government has unveiled its long-awaited plans for regulating cryptocurrencies. Included in that plan is the government’s intent to “bring a number of cryptoasset activities into the regulatory perimeter for financial services for the first time,” the U.K. Treasury said in its announcement Monday...
November 01, 2023
PayPal received approval from the Financial Conduct Authority (FCA) on Tuesday (Oct. 31) to offer crypto-asset activities in the United Kingdom. The FCA has implemented stricter rules on marketing crypto assets, causing issues for some companies, Reuters reported Wednesday (Nov. 1). Those wishing to offer crypto assets in the U.K. must demonstrate sufficient safeguards against money laundering and financing terrorism. […]
October 30, 2023
The British government has unveiled its long-awaited plans for regulating cryptocurrencies. Included in that plan is the government’s intent to “bring a number of cryptoasset activities into the regulatory perimeter...