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Tag: e-money

FCA says client money at cryptoasset firms is at risk

June 3, 2021 Comments are Disabled

The UK’s financial services regulator has warned that client money is not safe if held at a cryptoasset firm. The warning came as the Financial Conduct Authority (FCA) announced it […]

How safe is e-money?

September 22, 2020 Comments are Disabled

Earlier this month, the governor of the Bank of England made it clear that customers of electronic money (e-money) firms are less protected against a corporate collapse than customers of […]

FCA ends light-touch e-money regulation

July 9, 2020 Comments are Disabled

The UK’s Financial Conduct Authority (FCA) has signalled an end to the light-touch regulation of payment and electronic money (e-money) firms, which have been at the forefront of the UK’s […]

Wirecard case raises e-money concerns

July 2, 2020 Comments are Disabled

The Wirecard collapse raises questions over the safety of funds kept by electronic money and payment services firms. Spot the difference On the face of it, there’s very little difference […]