united-kingdom
Revolut’s Full UK Bank Licence Is on Hold over Global Risk Control Concerns: Report
- The UK fintech received a restricted banking licence within the “mobilisation” phase last year, under which it can take up to £50,000 in customer deposits.
- Although the “mobilisation” phase usually lasts for 12 months, Revolut has been in it for the last 14 months.
Tuesday, 14/10/2025 | 10:17 GMT by
Arnab Shome
“Tokenisation May Not Resonate with Retail Users and Could Remain for Funds Only”: EC Markets CEO
- Mathew Smith is not rushing into industry trends. Prop? “Mainly for marketing.” Tokenised assets? “More institutional than retail.”
- He believes that “the UK market is desaturated” after Brexit, but that “the regulations are prohibitive.”
Thursday, 25/09/2025 | 09:08 GMT by
Arnab Shome
FCA Charges 3 Finfluencers Over CFDs Promotion – Will Stricter Rules Follow?
- Charles Hunter, Kayan Kalipha, and Luke Desmaris are facing charges for promoting forex trading through CFDs.
- They pleaded not guilty and will face a hearing on 8 October 2025.
Thursday, 11/09/2025 | 04:43 GMT by
Arnab Shome
Stablecoins, UK Policy Clashes, and Retail Crypto’s Rise: Could ETFs and CFDs Be Next?
- The vast majority of stablecoin transactions are now taking place outside the banking system. Paul Golden weighs in on how banks are aiming to bring these cryptocurrencies to the mainstream payments system.
- He also discusses the policy conundrum in the UK regarding the digital pound and the impact of the FCA's decision in favour of retail crypto ETNs.
Thursday, 04/09/2025 | 10:24 GMT by
Paul Golden
UK Reclaims CFD Brokers, Coinbase Secures a Bank, and Some LIBOR Drama Thoughts
- Two CFD brokers recently acquired FCA licences, while industry experts have been vocal about the UK’s lost appeal. What has reignited this interest? Paul Golden weighs in.
- He also explored the Coinbase-JPMorgan tie-up and the Libor-linked court drama involving Tom Hayes.
Wednesday, 06/08/2025 | 07:54 GMT by
Paul Golden
Exclusive: Ultima Markets Enters the UK, Gains FCA Licence
- While other CFD brokers are withdrawing from the UK, Ultima Markets' decision shows that it still sees long-term potential.
- "We believe we can find our space in the mature market and opportunities where Ultima Markets can provide value to UK traders."
Friday, 01/08/2025 | 11:38 GMT by
Arnab Shome
Brokers Face the Future: Event Contracts, Data Rules, and UK Retail Shake-Up
- Event contracts are gaining massive popularity. However, Paul Golden weighs in on how regulators perceive this new instrument.
- He also explores Europe's push to provide traders with more access to their data and the UK's push to move retail money.
Wednesday, 16/07/2025 | 12:36 GMT by
Paul Golden
Capital.com Aims to “Contribute to Policy Discussions”: Joins Two More UK Fintech Bodies
- The CFDs broker has joined Innovate Finance and the London Chamber of Commerce.
- “These memberships allow us to... contribute to policy discussions, and champion innovation that benefits clients and communities alike”: Capital.com's UK CEO.
Monday, 30/06/2025 | 09:32 GMT by
Arnab Shome
FCA to Abandon Public Interest Test under “Name and Shame” Plans
- The public interest test would allow the regulator to determine whether it is appropriate to disclose a company’s name during an investigation.
- The proposal received heavy backlash from the industry and politicians.
Wednesday, 12/03/2025 | 05:32 GMT by
Arnab Shome
“UK Received More Fintech Funding than All Europe Combined”: Innovate Finance’s Napolitano
- Roberto Napolitano, Chief Marketing Officer at Innovate Finance, discussed the UK's fintech future at FMLS:24.
- Watch the whole interview in the video inside the article.
Tuesday, 24/12/2024 | 10:41 GMT by
Arnab Shome
UK Tables New Bill to Clarify Legal Status of Digital Assets
- The bill categorises digital assets as “things,” similar to other personal property.
- The government argues that the proposed legislation would provide legal protection to digital asset owners.
Thursday, 12/09/2024 | 08:26 GMT by
Arnab Shome
EMIR REFIT for the UK Will Become Effective This Month: How Should Firms Prepare?
- As EMIR REFIT UK becomes effective, firms might face challenges with reporting, UTIs, and XML validations.
- The UK Trade Repositories appear to have learned from the EU rollout of EMIR REFIT and decided to copy and migrate some real trades to the UAT environment for full lifecycle testing.
Thursday, 12/09/2024 | 06:30 GMT by
Quinn Perrott
Number of Active Leveraged Traders in the UK Is on Decline, but More Continues Trading
- There were 173,000 active leveraged traders in the UK at the end of May.
- Leveraged traders who continued to trade jumped to 124,000 from 110,000 over two consecutive years.
Tuesday, 02/07/2024 | 11:24 GMT by
Arnab Shome
Revolut Joins Hands with BRCC: Bridging Trade between UK and Romania
- In 2023, the firm processed almost 74,000 transactions per hour for its Romanian retail customers.
- Revolut Bank UAB, licensed by the European Central Bank and regulated by the Bank of Lithuania, operates in 30 EU markets.
Friday, 07/06/2024 | 14:43 GMT by
Tareq Sikder
The Great APP Heist: Rethinking Responsibility in a Digital Age of Deception
- A look into how the UK is handling APP fraud.
Thursday, 11/04/2024 | 16:00 GMT by
Pedro Ferreira
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