(Reuters) - Britain's Financial Conduct Authority (FCA) ordered cryptocurrency exchange Binance to stop undertaking any regulated activity in the country, saying the firm...
Amid the recent crypto-mania, regulators worldwide have swung in action. U.K’s top financial watchdog – Financial Conduct Authority (FCA) – has asked crypto exchange Binance to stop all regulated activities on an immediate basis. The FCA has now imposed stringent requirements and is one of the most significant regulatory actions imposed by a global regulator
Binance was once again flagged for offering services without authorization. This time it was the UK Financial Conduct Authority stating that Binance Markets Limited was ‘not permitted to undertake a
On Thursday (June 24), FinTech group Mode Global Holdings (“Mode”) announced that it had become the only company listed in the London Stock Exchange (LSE) to receive from the UK’s financial regulator an Electronic Money Institution (EMI) licence and an AMLD5 registration. This article explains why this is important for both Mode and its customers. […]
Mode Global Holdings, a London-listed fintech app, has become the fifth company to be added to the Financial Conduct Authority’s crypto-assets register.
Swiss-based SEBA Bank, along with partners Banque Internationale à Luxembourg and LuxCSD, has successfully completed their CBDC experiment with Banque de France.
The process...