Ziglu has received its Financial Conduct Authority (FCA) license & is now offering peer-to-peer (P2P) payments for crypto and fiat currencies.
Britain will reopen its temporary market access regime for EU financial firms in September to help companies during the Brexit divorce period, the FCA said.
In the interest of the public, a High court in the U.K. has shut down a crypto trading platform GPay Ltd after losing £1.5 million of clients’ funds.
Wirecard scandal has left thousands of British consumers unable to access their funds held with financial apps that employ Wirecard technology.
The FCA today reminds crypto firms in the UK that they have to be registered with the FCA to comply with new regulations before the end of June 2020.
In its latest clampdown against clone fraud, the FCA has warned local investors to watch out for a clone company called AXA Global Broker.
The COVID-19 pandemic will bring the end of cash and speed up the adoption of central bank digital currencies (CBDCs), according to BIS report.
Coronavirus seven-day growth outlook slowed down to about 107% towards the end of March from around a high of 123% on March 27.
The United Kingdom's economy, which relies to a large extent on tourism revenues and manufacturing, is already seeing the impact of coronavirus or COVID-19.
The FCA has flagged Flags Price Action Forex and FXBTC. The entities have been operating in the UK without their authorization.