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Regulation
UK’s FCA Extends Temporary Relief to Crypto Firms till March 2022
2021-06-03T09:46:06.000+02:00
Firms that applied for registration before December 16, 2020, will be eligible under the scheme.
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UK Bans Luno's ‘Misleading’ Bitcoin Ad
2021-05-26T10:47:10.000+02:00
The exchange ran the ad campaign in February across London’s Tube stations and buses.
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Brokers
Admiral Markets’ UK Division Reports 90% Jump in 2020 Profits
2021-05-20T13:29:13.000+02:00
The subsidiary is slowly turning all its focus to UK clients.
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Brokers
Vantage FX Pushes UK Operations with New Mobile App
2021-05-18T01:01:50.000+02:00
The broker added other features to enhance the client experience.
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Regulation
UK’s HMRC Seeks Crypto Holding Details from Taxpayers
2021-04-29T13:38:31.000+02:00
The department is concerned with the use of cryptocurrencies by criminals.
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Regulation
CySEC Admits 88 UK Firms under Temporary Permissions Regime
2021-04-27T14:38:35.000+02:00
The companies will be allowed to operate without a physical presence until the end of this year.
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Brokers
UK Government Announces New Compensation Plan for LCF Victims
2021-04-19T17:15:50.000+02:00
The scheme will provide 80 percent of LCF bondholders’ initial investment up to a maximum of £68,000.
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News
Britcoin: UK Forms Taskforce for the Launch of Digital Sterling
2021-04-19T15:32:45.000+02:00
The central bank assured that the CBDC will not affect the existing monetary system.
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Brokers
FCA Stops UK Operation of CFDs Broker Finteractive Limited (FXVC)
2021-04-16T15:55:21.000+02:00
The CySEC-licensed company was operating in the UK under FCA’s Temporary Permission Regime.
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News
Crypto Regulations in the UK at a “Tipping Point”: CryptoUK’s Ian Taylor
2021-04-06T13:56:17.000+02:00
The chair of the self-regulatory trade association for the UK cryptoasset industry speaks.
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Brokers
CMC Markets Expects Almost £400 Million in FY2021 Income
2021-03-25T10:23:31.000+02:00
The brokerage has upped its income expectations twice for the ongoing financial year.
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News
UK Bans Coinfloor’s ‘Irresponsible’ Bitcoin Ad
2021-03-17T10:58:31.000+02:00
The ad featured a woman who bought Bitcoin with a third of her pension.
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News
UK Crypto Firms Seek HM Chancellor’s Push in Registration Delay
2021-03-15T14:27:53.000+02:00
More than 150 crypto companies were awaiting registration at the end of 2020.
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News
Bybit to Shut UK Operation, Cites FCA’s Crypto Derivatives Ban
2021-03-05T14:50:53.000+02:00
The ban on all retail crypto derivatives instruments was imposed on January 6, 2021.
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News
United Kingdom to Lead Fintech with New Recommended Blueprint
2021-02-26T11:18:25.000+02:00
The review suggested the setup of a £1 billion fintech fund, along with improving regulations.
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Regulation
CySEC Extends Application Deadline for Post-Brexit Temporary Permissions
2021-01-28T15:10:45.000+02:00
UK companies can operate in the country till December 31, 2021.
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Payments
PayPoint Revenue Decline Continues in Q3 FY21
2021-01-21T12:00:22.000+02:00
Emoney and card payment transactions saw gains.
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News
Revolut Applies for UK Banking License
2021-01-11T13:58:38.000+02:00
The company already operates as a full bank in the EU with a Lithuanian license.
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News
Regulator Warns Britons on ‘High Return’ Crypto Schemes
2021-01-11T11:22:29.000+02:00
Demand for cryptos skyrocketed as the digital currencies are on a bull run.
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Retail FX
Pandemic Pushes 4,000 UK Financial Firms into Failure Risk
2021-01-07T12:53:08.000+02:00
The regulator had conducted a massive survey of the industry, gathering data from 23,000 firms.
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Regulation
Deutsche Börse Starts Regulatory Reporting in the UK after Brexit
2021-01-04T12:30:28.000+02:00
The UK trade repository was formed in March 2019.
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Institutional FX
Brexit: UK Regulator Offers Temporary Relief on Swaps Trading
2020-12-31T14:58:05.000+02:00
British companies can approach EU platforms till March 2021.
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Brokers
Interactive Brokers Wants Migration of East European Accounts to Hungary
2020-12-21T17:07:55.000+02:00
It is not clear if it is asking traders across the EU for such migration.
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Brokers
FXTM’s UK Subsidiary Quadruples Revenue in 2019
2020-12-21T11:19:40.000+02:00
The UK entity started to take clients in 2018.
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Brokers
AxiCorp’s UK Subsidiaries Saw Healthy Growth in FY2020 Business
2020-12-18T10:29:22.000+02:00
Revenue’s of both AxiCorp Limited and Star Financials came in positive.
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