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Tag: financial watchdog

FCA extends GAP insurance deadline to scrutinise fair value

The UK financial watchdog has told several online providers of GAP insurance that they can continue to sell their products until May. GAP insurance is...

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UK military’s 10-year spending plan isn’t affordable, committee finds

LONDON — A powerful U.K. parliamentary committee has reported what it says is the “largest affordability gap” since 2012 between the Defence Ministry’s budget...

Insurers agree to pull GAP over FCA concerns

Eight out of ten insurance firms have agreed to pause sales of Guaranteed Asset Protection (GAP) insurance at the request of the financial watchdog. The...

3 Signs The SEC Will Approve A Spot Bitcoin ETF – CryptoInfoNet

The potential approval of a spot Bitcoin ETF (exchange-traded fund) by the US Securities and Exchange Commission (SEC) has been a topic of intense...

PayPal Receives Greenlight From UK’s Financial Watchdog To Offer Crypto Services After Restricting Users’ Ability To Buy Bitcoin

Advertisement &nbsp &nbsp Payment giant PayPal has become the latest firm to receive an operational license from the UK’s Financial Conduct Authority (FCA) to...

FCA Warns against Bitfinex’s Operations.

Bitfinex has recently come under scrutiny. The Financial Conduct Authority (FCA) raised concerns about the cryptocurrency exchange today (Friday), warning investors of potential risks associated with...

Fintech Nexus Newsletter (October 27, 2023): Synapse not firing on all cylinders

Banking-as-a-service fintech Synapse is having a rough year, to say the least. Earlier this month the company laid off 40% of its workforce, or 86 employees....

Bybit exits UK market ahead of regulatory changes

Bybit is suspending its cryptocurrency services for users in the United Kingdom due to impending regulations from the country’s Financial Conduct Authority (FCA).Starting on...

HK Crypto Exchange JPEX Embroiled in Regulatory Scrutiny

Updated 1:00 pm. JPEX, a cryptocurrency exchange embroiled in regulatory scrutiny in Hong Kong, has announced suspension of all new trades starting Monday. The...

Binance in Taiwan: AML Compliance on the Horizon?

Share this article URL Copied Binance, the industry’s largest crypto exchange, is reportedly drawing closer to obtaining its Anti-Money Laundering compliance registration in Taiwan,...

Ripple’s Legal Victory Averts an SEC-Induced Crypto Catastrophe, Asserts Prominent XRP Pro Lawyer

2 hours ago 2 mins read category : News Ripple’s victory over the...

Watch Out! AI is Coming for Your Eyeballs 👀

Hello there!And welcome to another crypto news roundup from Coinigy.So, Worldcoin launched this past week, and everyone—even Vitalik—had something to say about its plans...

Consob blocks access to Virtu Finance, JFD Market and TradeCare365

Italy’s financial watchdog, Consob, has blocked access to three new websites offering financial services that are not authorized by the regulator. The move is...

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