UNITED-KINGDOM

The review suggested the setup of a £1 billion fintech fund, along with improving regulations.

UK companies can operate in the country till December 31, 2021.

Emoney and card payment transactions saw gains.

The company already operates as a full bank in the EU with a Lithuanian license.

Demand for cryptos skyrocketed as the digital currencies are on a bull run.

The regulator had conducted a massive survey of the industry, gathering data from 23,000 firms.

The UK trade repository was formed in March 2019.

British companies can approach EU platforms till March 2021.

It is not clear if it is asking traders across the EU for such migration.

The UK entity started to take clients in 2018.

Revenue’s of both AxiCorp Limited and Star Financials came in positive.

The revenue of the UK unit in 2019 surged by 47.6 percent.

The companies which have applied for recognition can offer their services till July 9, 2021.

The already imposed temporary ban will become permanent on January 1, 2021.

The bank generated an operating profit of £0.8 million in October.

The banking services will include dedicated account numbers, sort codes, and Faster Payments.

The ESMA, on the other hand, wants to limit EEA company shares trading within the bloc.

SWIFT is actively testing instant international transfers using gpi.

The ban will come into effect on January 6, 2021.

Despite being a new brokerage, TIOMarkets is showing strong growth trends.

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