Latest News and Articles about Financial Conduct Authority
UK FCA Approves Blockchain Fund Registers and Direct-to-Fund Model
The UK’s financial watchdog has moved tokenization out of the marketing sludge and into regulated finance. The Financial Conduct Authority (FCA) has approved rules that let asset managers use blockchain-based registers as the official record of fund ownership, alongside a new Direct-to-Fund model that cuts out intermediaries in fund dealing. PS26/7 makes onchain fund registers […]
Read MoreUK House of Lords Launches Stablecoin Inquiry: Digital Pound Potential or Regulatory Risk?
UK House of Lords Dives into Stablecoin Inquiry: Digital Finance Revolution or Regulatory Quagmire? Could a digital version of the pound redefine UK finance, or is it a Pandora’s box of risks waiting to burst open? The UK House of Lords Financial Services Regulation Committee has launched a landmark inquiry into stablecoins, with a sharp […]
Read MoreUK Crypto Regulation by 2027: Financial Laws to Tame Bitcoin and Blockchain?
UK to Regulate Crypto Under Financial Services Laws by 2027: A Game-Changer or a Chain? The United Kingdom is poised to drag the crypto world into the realm of traditional finance, with a landmark plan to regulate cryptocurrency firms under existing financial services laws by October 2027. This move by the UK Treasury could either […]
Read MoreLondon Crypto Scammers Jailed for $2M Bitcoin Fraud: FCA Cracks Down
Crypto Fraud Exposed: London Scammers Jailed for $2M Bitcoin Scam Two Greater London residents, Raymondip Bedi and Patrick Mavanga, have been sentenced to a combined 12 years in prison for masterminding a cryptocurrency scam that fleeced at least 65 investors out of $2.1 million (£1.54 million). Running their operation between 2017 and 2019, a peak […]
Read MoreLondon Duo Jailed for $2M Bitcoin Scam: Harsh Lesson for Crypto Investors
London Duo Jailed for $2M Bitcoin Fraud: A Brutal Wake-Up Call for Crypto Investors Two Greater London residents, Raymondip Bedi and Patrick Mavanga, have been slammed with a combined prison sentence of over 12 years for masterminding a cryptocurrency fraud that ripped off at least 65 investors to the tune of £1.54 million (roughly $2.1 […]
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