The UK is aiming to enhance clarity around crypto regulation.
Looking over the global crypto landscape, it seemed recently as though the UK wasn't keeping pace with other regions. In the US, the SEC finally approved spot Bitcoin ETFs, and the new products have enjoyed an explosive start, demonstrating sustained demand and impressive volumes.
There is anticipation also for similar ETFs in Hong Kong, and on the regulatory front, the EU appears to be moving quickly, having already created a bespoke package of crypto regulation called MiCA.
Meanwhile, over in the UK, it’s been an uncertain picture with mixed messages, as among promises from some politicians of an innovative approach, regulatory clarity is yet to emerge, and there appears to be a risk that crypto enterprises might choose to look elsewhere for welcoming locations in which to do business.
Regulatory compliance has become a key concern for companies wishing to operate British crypto services, and in OANDA’s case, its entry into the UK crypto market was enabled through the acquisition, last August, of a majority stake in British crypto firm Coinpass, which is itself registered with UK regulator the Financial Conduct Authority (FCA.)
However, in the case of OANDA and Coinpass, it appears that dealing with the FCA and offering crypto services to UK users are viable prospects.
10 Points to Abide by the New Rules
New Laws Within Six Months?
All in all, it’s a mixed picture in the UK, especially when it comes to assessing the overall intentions of the authorities towards the crypto industry. At the same time, though, we now have OANDA Crypto moving decisively and in full compliance with those authorities, and in a further positive development, meaningful attempts to clear up the rules and, in the process, define a long-term strategy, may soon be on the way.
Earlier this month, the UK’s Economic Secretary to the Treasury, Bim Afolami, indicated that the government is in a hurry to get its guidelines on crypto fully in place and operational when he stated publicly, with reference to creating legislation around stablecoins and crypto staking,
“We want to get these things done as soon as possible. And I think over the next six months, those things are doable.”
Certainly, the crypto world is moving fast at the moment, and after the crashes and collapses of 2022, when FTX went bankrupt, followed by 2023's rapid recovery, which was impressive, but during which mainstream attention was elsewhere, 2024 is now taking on a markedly different, and far more bullish, character.
With that in mind, the pressure is now on regulators to have constructive crypto strategies in place.
Chart from Finder
FCA Demonstrates Commitment to Advertising Enforcement
As for how the FCA is regulating crypto in the UK right now, new rules around promotion came into effect last October, which distinguish crypto assets from regular high-risk investments, and categorize them instead as “restricted mass market investments”, with close controls on the ways they can be marketed.
Subsequently, according to an FCA report published earlier this month which presents data from 2023, the FCA has–since new regulation came into force through to the end of 2023–issued 450 consumer alerts with regards to crypto firms breaching promotional regulations and brought about the removal from app stores of 35 crypto products.
Additionally, the FCA has spoken of creating what it terms “positive frictions” for users of crypto platforms, with, for example, those who want to trade crypto required first to effectively pass a test by correctly answering a series of crypto-related questions.
However, there have been anecdotal complaints from users claiming to be seasoned traders, who were baffled by what they saw as unexpected quizzes, and on the whole, there are questions about how this approach aids in optimally positioning the UK as a serious contender in the crypto industry.
After all, a constant area of focus among those working in crypto is on how to remove friction from the crypto experience and ease participation for newcomers, and as such, it may be disconcerting to witness initiatives to deliberately place bumps in the road while at the same time hearing from politicians (up to and including Prime Minister Rishi Sunak) that Britain can become a Web3 frontrunner.
Ultimately, then, while news of OANDA Crypto’s UK launch comes as a welcome indicator that Britain is a place where crypto firms can operate, the need for a consistent approach from the authorities remains in the background.
Looking over the global crypto landscape, it seemed recently as though the UK wasn't keeping pace with other regions. In the US, the SEC finally approved spot Bitcoin ETFs, and the new products have enjoyed an explosive start, demonstrating sustained demand and impressive volumes.
There is anticipation also for similar ETFs in Hong Kong, and on the regulatory front, the EU appears to be moving quickly, having already created a bespoke package of crypto regulation called MiCA.
Meanwhile, over in the UK, it’s been an uncertain picture with mixed messages, as among promises from some politicians of an innovative approach, regulatory clarity is yet to emerge, and there appears to be a risk that crypto enterprises might choose to look elsewhere for welcoming locations in which to do business.
Regulatory compliance has become a key concern for companies wishing to operate British crypto services, and in OANDA’s case, its entry into the UK crypto market was enabled through the acquisition, last August, of a majority stake in British crypto firm Coinpass, which is itself registered with UK regulator the Financial Conduct Authority (FCA.)
However, in the case of OANDA and Coinpass, it appears that dealing with the FCA and offering crypto services to UK users are viable prospects.
10 Points to Abide by the New Rules
New Laws Within Six Months?
All in all, it’s a mixed picture in the UK, especially when it comes to assessing the overall intentions of the authorities towards the crypto industry. At the same time, though, we now have OANDA Crypto moving decisively and in full compliance with those authorities, and in a further positive development, meaningful attempts to clear up the rules and, in the process, define a long-term strategy, may soon be on the way.
Earlier this month, the UK’s Economic Secretary to the Treasury, Bim Afolami, indicated that the government is in a hurry to get its guidelines on crypto fully in place and operational when he stated publicly, with reference to creating legislation around stablecoins and crypto staking,
“We want to get these things done as soon as possible. And I think over the next six months, those things are doable.”
Certainly, the crypto world is moving fast at the moment, and after the crashes and collapses of 2022, when FTX went bankrupt, followed by 2023's rapid recovery, which was impressive, but during which mainstream attention was elsewhere, 2024 is now taking on a markedly different, and far more bullish, character.
With that in mind, the pressure is now on regulators to have constructive crypto strategies in place.
Chart from Finder
FCA Demonstrates Commitment to Advertising Enforcement
As for how the FCA is regulating crypto in the UK right now, new rules around promotion came into effect last October, which distinguish crypto assets from regular high-risk investments, and categorize them instead as “restricted mass market investments”, with close controls on the ways they can be marketed.
Subsequently, according to an FCA report published earlier this month which presents data from 2023, the FCA has–since new regulation came into force through to the end of 2023–issued 450 consumer alerts with regards to crypto firms breaching promotional regulations and brought about the removal from app stores of 35 crypto products.
Additionally, the FCA has spoken of creating what it terms “positive frictions” for users of crypto platforms, with, for example, those who want to trade crypto required first to effectively pass a test by correctly answering a series of crypto-related questions.
However, there have been anecdotal complaints from users claiming to be seasoned traders, who were baffled by what they saw as unexpected quizzes, and on the whole, there are questions about how this approach aids in optimally positioning the UK as a serious contender in the crypto industry.
After all, a constant area of focus among those working in crypto is on how to remove friction from the crypto experience and ease participation for newcomers, and as such, it may be disconcerting to witness initiatives to deliberately place bumps in the road while at the same time hearing from politicians (up to and including Prime Minister Rishi Sunak) that Britain can become a Web3 frontrunner.
Ultimately, then, while news of OANDA Crypto’s UK launch comes as a welcome indicator that Britain is a place where crypto firms can operate, the need for a consistent approach from the authorities remains in the background.
Sam White is a writer and journalist from the UK who covers cryptocurrencies and web3, with a particular interest in NFTs and the crossover between art and finance. His work, on a wide variety of topics, has appeared on platforms including The Spectator, Vice and Hacker Noon.
Four Moves in Six Weeks: How Payward Is Remaking Kraken as a Regulated Infrastructure Platform
Featured Videos
FM Daily Brief – 11 June 2026
FM Daily Brief – 11 June 2026
FM Daily Brief – 11 June 2026
FM Daily Brief – 11 June 2026
Today’s Thursday, the 11th of June 2026, and these are our main stories: Spain moves to classify certain futures products as CFDs for retail investors, IUX reports more than $1.5 trillion in monthly trading volume, and a closer look at why crypto still struggles to reach the mainstream.
Today’s Thursday, the 11th of June 2026, and these are our main stories: Spain moves to classify certain futures products as CFDs for retail investors, IUX reports more than $1.5 trillion in monthly trading volume, and a closer look at why crypto still struggles to reach the mainstream.
Today’s Thursday, the 11th of June 2026, and these are our main stories: Spain moves to classify certain futures products as CFDs for retail investors, IUX reports more than $1.5 trillion in monthly trading volume, and a closer look at why crypto still struggles to reach the mainstream.
Today’s Thursday, the 11th of June 2026, and these are our main stories: Spain moves to classify certain futures products as CFDs for retail investors, IUX reports more than $1.5 trillion in monthly trading volume, and a closer look at why crypto still struggles to reach the mainstream.
In this video, we review @AxiOfficialChannel , a multi-asset broker offering access to forex and CFD markets through MetaTrader 4, MetaTrader 5, the Axi Trading App, and copy trading solutions.
We examine the broker’s regulatory framework, platform offering, market coverage, and customer support structure. We also explore key features such as available trading instruments, swap-free account options, funding considerations, and multilingual support.
Watch the full video for a clear, fact-based overview of Axi’s products, trading tools, and overall broker offering.
#Axi #ForexBroker #CFDTrading #FinanceMagnates #Trading #BrokerReview #OnlineTrading
In this video, we review @AxiOfficialChannel , a multi-asset broker offering access to forex and CFD markets through MetaTrader 4, MetaTrader 5, the Axi Trading App, and copy trading solutions.
We examine the broker’s regulatory framework, platform offering, market coverage, and customer support structure. We also explore key features such as available trading instruments, swap-free account options, funding considerations, and multilingual support.
Watch the full video for a clear, fact-based overview of Axi’s products, trading tools, and overall broker offering.
#Axi #ForexBroker #CFDTrading #FinanceMagnates #Trading #BrokerReview #OnlineTrading
In this video, we review @AxiOfficialChannel , a multi-asset broker offering access to forex and CFD markets through MetaTrader 4, MetaTrader 5, the Axi Trading App, and copy trading solutions.
We examine the broker’s regulatory framework, platform offering, market coverage, and customer support structure. We also explore key features such as available trading instruments, swap-free account options, funding considerations, and multilingual support.
Watch the full video for a clear, fact-based overview of Axi’s products, trading tools, and overall broker offering.
#Axi #ForexBroker #CFDTrading #FinanceMagnates #Trading #BrokerReview #OnlineTrading
In this video, we review @AxiOfficialChannel , a multi-asset broker offering access to forex and CFD markets through MetaTrader 4, MetaTrader 5, the Axi Trading App, and copy trading solutions.
We examine the broker’s regulatory framework, platform offering, market coverage, and customer support structure. We also explore key features such as available trading instruments, swap-free account options, funding considerations, and multilingual support.
Watch the full video for a clear, fact-based overview of Axi’s products, trading tools, and overall broker offering.
#Axi #ForexBroker #CFDTrading #FinanceMagnates #Trading #BrokerReview #OnlineTrading
In this video, we review @AxiOfficialChannel , a multi-asset broker offering access to forex and CFD markets through MetaTrader 4, MetaTrader 5, the Axi Trading App, and copy trading solutions.
We examine the broker’s regulatory framework, platform offering, market coverage, and customer support structure. We also explore key features such as available trading instruments, swap-free account options, funding considerations, and multilingual support.
Watch the full video for a clear, fact-based overview of Axi’s products, trading tools, and overall broker offering.
#Axi #ForexBroker #CFDTrading #FinanceMagnates #Trading #BrokerReview #OnlineTrading
In this video, we review @AxiOfficialChannel , a multi-asset broker offering access to forex and CFD markets through MetaTrader 4, MetaTrader 5, the Axi Trading App, and copy trading solutions.
We examine the broker’s regulatory framework, platform offering, market coverage, and customer support structure. We also explore key features such as available trading instruments, swap-free account options, funding considerations, and multilingual support.
Watch the full video for a clear, fact-based overview of Axi’s products, trading tools, and overall broker offering.
#Axi #ForexBroker #CFDTrading #FinanceMagnates #Trading #BrokerReview #OnlineTrading
Multi-Asset or Die: The New Brokerage Playbook
Multi-Asset or Die: The New Brokerage Playbook
Multi-Asset or Die: The New Brokerage Playbook
Multi-Asset or Die: The New Brokerage Playbook
Multi-Asset or Die: The New Brokerage Playbook
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This panel will explore how firms are moving beyond CFDs into crypto, perpetuals, equities, and multi‑asset offerings, and the challenges they face across regulation, technology, liquidity, and risk management. It examines what is driving the shift, what it takes to execute it successfully, and how brokers can position themselves for the next phase of growth.
This panel will explore how firms are moving beyond CFDs into crypto, perpetuals, equities, and multi‑asset offerings, and the challenges they face across regulation, technology, liquidity, and risk management. It examines what is driving the shift, what it takes to execute it successfully, and how brokers can position themselves for the next phase of growth.
This panel will explore how firms are moving beyond CFDs into crypto, perpetuals, equities, and multi‑asset offerings, and the challenges they face across regulation, technology, liquidity, and risk management. It examines what is driving the shift, what it takes to execute it successfully, and how brokers can position themselves for the next phase of growth.
This panel will explore how firms are moving beyond CFDs into crypto, perpetuals, equities, and multi‑asset offerings, and the challenges they face across regulation, technology, liquidity, and risk management. It examines what is driving the shift, what it takes to execute it successfully, and how brokers can position themselves for the next phase of growth.
This panel will explore how firms are moving beyond CFDs into crypto, perpetuals, equities, and multi‑asset offerings, and the challenges they face across regulation, technology, liquidity, and risk management. It examines what is driving the shift, what it takes to execute it successfully, and how brokers can position themselves for the next phase of growth.
This panel will explore how firms are moving beyond CFDs into crypto, perpetuals, equities, and multi‑asset offerings, and the challenges they face across regulation, technology, liquidity, and risk management. It examines what is driving the shift, what it takes to execute it successfully, and how brokers can position themselves for the next phase of growth.
Beyond Reach? Retail Investor Acquisition Across APAC
Beyond Reach? Retail Investor Acquisition Across APAC
Beyond Reach? Retail Investor Acquisition Across APAC
Beyond Reach? Retail Investor Acquisition Across APAC
Beyond Reach? Retail Investor Acquisition Across APAC
Beyond Reach? Retail Investor Acquisition Across APAC
APAC accounts for two-thirds of global retail trading traffic, but with differences of language, regulation, and trader profile, the region's growth is ag great as complexity.
This session gathers CMOs, heads of acquisition, and IB relationship managers to examine what actually works, channel by channel, market by market.
Attendees will walk away with:
A clear view of which channels deliver funded, retained traders across Singapore, Japan, and Southeast Asia
Understanding of how to structure IB partnerships for LTV, not first deposit
Insight into what localization actually costs beyond the translation budget
Perspective on how ad restrictions, crypto promotion limits, and bundling rules differ across APAC jurisdictions
A read on whether the super-app model changes acquisition economics for retail investing platforms
APAC accounts for two-thirds of global retail trading traffic, but with differences of language, regulation, and trader profile, the region's growth is ag great as complexity.
This session gathers CMOs, heads of acquisition, and IB relationship managers to examine what actually works, channel by channel, market by market.
Attendees will walk away with:
A clear view of which channels deliver funded, retained traders across Singapore, Japan, and Southeast Asia
Understanding of how to structure IB partnerships for LTV, not first deposit
Insight into what localization actually costs beyond the translation budget
Perspective on how ad restrictions, crypto promotion limits, and bundling rules differ across APAC jurisdictions
A read on whether the super-app model changes acquisition economics for retail investing platforms
APAC accounts for two-thirds of global retail trading traffic, but with differences of language, regulation, and trader profile, the region's growth is ag great as complexity.
This session gathers CMOs, heads of acquisition, and IB relationship managers to examine what actually works, channel by channel, market by market.
Attendees will walk away with:
A clear view of which channels deliver funded, retained traders across Singapore, Japan, and Southeast Asia
Understanding of how to structure IB partnerships for LTV, not first deposit
Insight into what localization actually costs beyond the translation budget
Perspective on how ad restrictions, crypto promotion limits, and bundling rules differ across APAC jurisdictions
A read on whether the super-app model changes acquisition economics for retail investing platforms
APAC accounts for two-thirds of global retail trading traffic, but with differences of language, regulation, and trader profile, the region's growth is ag great as complexity.
This session gathers CMOs, heads of acquisition, and IB relationship managers to examine what actually works, channel by channel, market by market.
Attendees will walk away with:
A clear view of which channels deliver funded, retained traders across Singapore, Japan, and Southeast Asia
Understanding of how to structure IB partnerships for LTV, not first deposit
Insight into what localization actually costs beyond the translation budget
Perspective on how ad restrictions, crypto promotion limits, and bundling rules differ across APAC jurisdictions
A read on whether the super-app model changes acquisition economics for retail investing platforms
APAC accounts for two-thirds of global retail trading traffic, but with differences of language, regulation, and trader profile, the region's growth is ag great as complexity.
This session gathers CMOs, heads of acquisition, and IB relationship managers to examine what actually works, channel by channel, market by market.
Attendees will walk away with:
A clear view of which channels deliver funded, retained traders across Singapore, Japan, and Southeast Asia
Understanding of how to structure IB partnerships for LTV, not first deposit
Insight into what localization actually costs beyond the translation budget
Perspective on how ad restrictions, crypto promotion limits, and bundling rules differ across APAC jurisdictions
A read on whether the super-app model changes acquisition economics for retail investing platforms
APAC accounts for two-thirds of global retail trading traffic, but with differences of language, regulation, and trader profile, the region's growth is ag great as complexity.
This session gathers CMOs, heads of acquisition, and IB relationship managers to examine what actually works, channel by channel, market by market.
Attendees will walk away with:
A clear view of which channels deliver funded, retained traders across Singapore, Japan, and Southeast Asia
Understanding of how to structure IB partnerships for LTV, not first deposit
Insight into what localization actually costs beyond the translation budget
Perspective on how ad restrictions, crypto promotion limits, and bundling rules differ across APAC jurisdictions
A read on whether the super-app model changes acquisition economics for retail investing platforms