UK has obliged all crypto companies to be licensed by the end of March
On March 31, the FCA will cancel temporary registration for companies dealing with cryptocurrency
30.03.2022 - 12:55
228
1 min
0
What’s new? The UK’s Financial Conduct Authority (FCA) will cancel temporary registration for cryptocurrency companies on March 31. All companies dealing with digital assets are required to be licensed before then. Operating without a permit is criminally liable, Bloomberg reports.
Cryptocurrency situation in the United Kingdom. Over the past few months, the UK government has tightened its oversight of digital assets. In March, the Bank of England Financial Policy Committee requested additional powers from the government to strengthen oversight and regulation of digital assets.
The UK Advertising Standards Authority issued new guidance for crypto advertising, which requires mentioning investment risks. The FCA also suspended the activities of crypto ATMs in the country.
Useful material?
Market
Users who have experienced withdrawal problems in the last two days will be eligible to participate
Mar 28, 2024
Market
Last July, a criminal investigation into the exchange was opened by the US authorities
Mar 27, 2024
Market
The unrealized profit from the deal was $8,9 million
Mar 26, 2024
Incidents
The phasing out began on March 25
Mar 25, 2024
Crypto regulations
The new measures must go through additional stages of approval
Mar 25, 2024
Incidents
The popularity of this kind of project launch format has already led to blockchain overload
Mar 20, 2024