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FCA reverses Wirecard UK freeze

June 29, 2020 Comments are Disabled

The UK financial services regulator has reversed its Friday decision to suspend the activities of Wirecard Card Solutions Limited, an action which precipitated the freezing of up to 60 prepaid […]

Trade body warns of lasting fintech damage

June 29, 2020 Comments are Disabled

In an open letter to the UK’s Financial Conduct Authority (FCA), the UK’s Emerging Payments Association has warned of lasting damage to the UK’s financial technology sector as a result […]

FCA’s crypto risk warnings cause confusion

March 5, 2020 Comments are Disabled

The UK’s financial regulator, the Financial Conduct Authority (FCA), caused confusion this week by issuing risk warnings against two cryptocurrency exchanges, Kraken and BitMEX, then withdrawing one of them. One […]

UK regulator takes hardline approach on cryptoassets

July 5, 2019 0 comments

The UK regulator says it wants to stop the sale of bitcoin derivatives to the general public. The proposed ban is too broad, unfair and will be ineffective, say critics. […]

Bitcoin and ETFs: beware a collateral chain reaction

September 7, 2018 0 comments

Bitcoin tracker funds threaten a clash by bringing together two fundamentally incompatible financial systems, says one former investment banker. Bitcoin exchange-traded funds (ETFs) are still on the drawing board: as […]