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UK FCA Cautions Banks Against Crypto Risks - Latest News


Breakingviews - Banks' crypto caution reveals double standards

LONDON (Reuters Breakingviews) - Banks’ caution over bitcoin reveals ... of card lender MBNA last year. The UK’s Financial Conduct Authority has already issued warnings about the risks of investing in ... read more

UK Financial Regulator Launches 24 Cryptocurrency Investigations

Should the FCA determine that this is the case, the agency could initiate action against ... crypto assets fall under the FCA’s regulatory sphere, the FCA noted. The current inquiries are not part of ... read more

Employee Monitoring In Financial Services Firms

The FCA has announced an increase in the ... The employee must weigh up the risks of not complying with their employer's request. A refusal to do so could count against the employee in a disciplinary ... read more

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Bitcoin warnings grow more strident as Singapore urges 'extreme caution'

SINGAPORE/LONDON (Reuters) - Global financial regulators are beginning to warn the public against the risks of investing in a market that many feel is in a speculative bubble, with Singapore’s central ... read more


How cryptocurrencies split global central banks

Here’s a wrap-up of how the world’s largest central banks are approaching the cryptos: US: Risk Management Critical The Federal ... into blockchain would disrupt banks’ business models. UK: Potential ... read more

Central banks must intervene on ‘Ponzi scheme’ cryptocurrency

Central banks must take action against cryptocurrencies because they put consumers at risk and serve ... if needed." UK consumers are not protected by regulation in the UK, as it does not fall under t... read more

Barclays docks its CEO's bonus over whistleblower

Staley has acknowledged mistakes; Barclays accepting that he didn't realise such identification was against ... REUTERS UK BANKING CORRESPONDENT, LAWRENCE WHITE SAYING: "Certainly Staley's job could c... read more

Breakingviews - Banks' crypto caution reveals double standards

LONDON (Reuters Breakingviews) - Banks’ caution over bitcoin reveals ... of card lender MBNA last year. The UK’s Financial Conduct Authority has already issued warnings about the risks of investing in ... read more



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