FCA the British financial authority, which is involved in control and supervision of the financial firms in the UK warns investors not to trade with the Javan Currency Exchange which has Iranian origin.
Against the background of the news about continuing Brexit debates, the UK High Court enabled the Swiss banking giant UBS to take out up to 32 billion euros (36.44 billion dollars) from the UK. UBS is not the first bank to request permission to transfer assets from the UK because of Brexit.
The European Securities Market Agency (ESMA) announced extending the term on the marketing, distribution or sale of contracts for differences (CFD) restrictions to retail clients. The new CFD restrictions extension will be valid for three months from February 1. The next extension is scheduled for the second half of April and is due to take effect on May 1. Will CFD restrictions ever become permanent?
The Financial Conduct Authority (FCA) on Wednesday released information about another fraudulent financial institution. British investors have been warned that they should avoid any cooperation with MarketGbp because this company uses a fake business license.
ETX Capital one of the UK's leading online trading providers, offering spread betting and CFD trading services to retail, institutional and high net worth customers confirmed that the company's CEO Arman Tahmassebi left the firm. The news came over a year after his promotion to the position.
On January 10, the British financial regulator (FCA) published a letter that was addressed to the general directors or equivalent persons of all authorized firms. In its appeal, the financial watchdog urged firms to ensure that their investors had all the information necessary to properly assess the regulatory coverage associated with their products.
South Korean electronics giant Samsung has recently filed for a cryptocurrency wallet at the U.K. Intellectual Property Office.
The Financial Action Task Force (FATF) which a few months ago reported about their plans of tightening measures toward cryptocurrency activity showed certain concerns about crypto regulations in the UK.
The UK Financial Conduct Authority (FCA) regulates 58,000 financial services firms and financial markets in the kingdom. As the Finance reports, it has recently requested a significant amount of data from brokers.
The UK Crypto Taskforce releases a final report, where it outlines a number of proposed changes for cryptocurrency regulation in the country. In the report, the organization differentiates cryptoassets by three key types.
CySEC has extended license upgrade deadline after some brokerage firms failed to submit their application on the earlier deadline of 14th of September.
Lawmakers call for introducing UK crypto regulations, arguing that "the introduction of regulation [to the cryptocurrency space] should be treated as a matter of urgency."
UK eyes DLT Use for securing digital evidence, according to the blog post from Balaji Anbil, who serves as the Head of the Digital Architecture and Cyber Security team at Her Majesty's Courts and Tribunals Service.
Financial market analysis by David Jones
UK BoE official warns banks against crypto investing risks, specifically addressing the tokens themselves. Financial institutions are also advised to avoid taking excessive risks while investing in crypto.
Pound Sterling reattains 1.64 and looks to regains strength after testing support at 1.632 on higher lows.
GBPUSD trades below 200 hourly average, potentially breaking support trendline as 1.63 beckons
Pound gains not sustained as 1.64 resistance prevents Sterling recovery.