FCA

UK adds further regulation to already strict 5AMLD guidelines

UK Adds Further Regulation to Already-Strict 5AMLD Guidelines

To combat the alleged risks associated with crypto-assets and their networks, Her Majesty’s Treasury, the United Kingdom’s finance and economics department, has added additional measures. The new Money Laundering Regulations, or MLRs position the U.K’s Financial Conduct Authority (FCA) as the Anti-Money Laundering (AML) overseer for certain crypto objectives, Director of Retail and Regulatory Investigations, […]

coinfloor now focuses on consumer btc services

Crypto Exchange Coinfloor Now Focuses on Consumer BTC Services

While the crypto community is talking about “altcoin season”, one of the world’s oldest crypto exchanges (Coinfloor) is calling BS on everything that is not BTC. After turning into a Bitcoin (BTC)-only exchange, the United Kingdom’s oldest cryptocurrency exchange Coinfloor is now expanding its consumer BTC services. Focused on Bitcoin, the world’s first-ever cryptocurrency exchange, […]

fca releases revised fee structure for crypto businesses in UK

UK’s FCA Revises Crypto Business Registration Fee

Following a series of consultative forums with the virtual assets community, UK’s Financial Conduct Authority (FCA) has recently revealed that its revising crypto businesses registration fee upwards. This regulator has henceforth rolled on two distinct registration fees for crypto-based businesses. According to reports, the registration fee structure has revised based on a round table meeting […]

First BTC FX

First BTC FX, People on Alert as FCA Warns About The Clone Firm

The Financial Conduct Authority (FCA) has warned people about a new clone firm. The clone firm’s name goes by First BTC FX. It is impersonating a legitimate company authorized by the FCA First Global(UK) Limited…

Crypto scammers sends scam emails

Crypto Scammers Use UK Financial Regulator’s Identity to Send Scam Email

An FCA masked scam email has been moving around encouraging users to make crypto investments. These fraud emails claim to be from the UK Financial Conduct Authority (FCA) and try to lure the users into the trap. These fraudsters use the branding and logo of the FCA to make it appear more real to the prey. The scam email assures the users a guaranteed chance of earning on investments…