ePayments is preparing to relaunch but there will be no crypto or peer-to-peer payments.
Crypto Facilities, a subsidiary of Kraken cryptocurrency exchange, has obtained a Multilateral Trading Facility (MTF) license from the UK’s Financial Conduct Authority (FCA). An MTF is a European regulatory term for a self-regulated financial trading venue. MTFs are an alternative to a traditional stock exchange where a market is made in securities, typically using electronic […]
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The UK’s top financial regulator has conducted a survey and found a “significant increase” in the number of crypto owners and awareness of cryptocurrencies. The regulator estimates that 2.6 million people in the country have bought cryptocurrencies, most of which were from non-UK cryptocurrency exchanges. UK Regulator’s Crypto Survey The Financial Conduct Authority (FCA), which […]
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The sandbox will provide opportunities for blockchain firms targeting solutions related to COVID-19 to expedite development
The UK regulator has issued a ‘scammers’ warning about BitMEX and Kraken — but was forced to quickly retract the notice about Kraken
Epayments, one of the largest payment providers in the U.K., has halted operations after the Financial Conduct Authority (FCA) suspended the company for “weaknesses” related to its anti-money-laundering (AML) process. Since Epayments shut down on February 11, customers have been complaining because they cannot access their money. Reports also detail that if the firm becomes […]
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Payment system ePayments has been halted by the FCA for about a week now, and people are still locked out of their accounts. While the company is affiliated with crypto, the explanation for the increased scrutiny seems to lie elsewhere…
The European Union’s 5th Anti-Money Laundering Directive mandates that member states start regulating crypto assets by Jan. 10. Crypto exchanges and custodial wallet providers are now covered by the same regulatory requirements as banks and other financial institutions. Also read: Regs Roundup: SEC Actions, Crypto Tax-Free in Korea, New Chinese Laws EU’s Regulatory Deadline: Jan. […]
The post EU Countries Commence Crypto Regulations as Mandated by New Directive appeared first on Bitcoin News.
Bottle Pay, a cryptocurrency payments provider from the U.K., has announced its decision to cease operations by the end of the year. Despite attracting some serious funding and expanding its user base significantly in the past few months, the company has found it unacceptable to continue to work under the upcoming EU regulations. AMLD5, the […]
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Experts believe new legal statement on crypto will help London keep its crown as the epicentre of the financial world, “The UK was, is, and will be the leading financial center of the world.”