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
341
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?
Telegram 
Twitter Trends
As of January 21, the capitalization of this sector of the crypto market exceeds $519 billion
Jan 21, 2025
Market
The platform generated $9,5 million in revenue during the same time
Jan 20, 2025
Market
Shares of the Trust are designed to track the market price of XRP with fewer fees and expenses
Jan 17, 2025
Market
The asset will allow USDT to move seamlessly between different blockchains
Jan 17, 2025
Market
Earlier, the community criticized the project for its lack of transparency, which led to a sharp drop in the HYPE token price
Jan 8, 2025
Market
Rising US Treasury bond yields are negatively affecting risk assets
Jan 8, 2025
Cryptocurrency rates
-
Bitcoin
$103 621
BTC
-2.42%
-
Ethereum
$3 238.11
ETH
-2.67%
-
Ripple
$3.17
XRP
-0.12%
-
BNB Smart Chain
$579.4
BSC
+1.23%
-
Dogecoin
$0.362779
DOGE
-2.36%
-
Cardano
$0.981336
ADA
-2.41%
-
Stellar XLM
$0.427882
XLM
-3.21%
-
Polkadot
$6.44
DOT
-2.98%
-
Litecoin
$115.16
LTC
-3.16%
-
Bitcoin Cash
$434.47
BCH
-2.68%