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UK FCA crypto assets research: Industry reaction

This week, the UK’s Financial Conduct Authority published research into UK consumer attitudes to cryptoassets. It found that 73% of Brits don’t know what a cryptocurrency is or are unable to define it ... read more

Widespread financial scams ‘out of control’, campaigners warn

Campaigners have issued new demands for Government, police, the banking industry and UK businesses ... forex and crypto scams in 2018/19. “Cryptocurrency is a scammers’ paradise, as many people ... read more

Millions lost in 'celebrity-backed scams'

The Financial Conduct Authority (FCA), the City watchdog ... and other digital currencies were a "Wild West industry" which needed to be regulated to protect investors. The legitimate crypto-asset ... read more

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The UK’s FCA – Financial Conduct Authority Released an update, guidance on crypto assets

It will inform users to beware of possible risks, attached to the crypto industry. Further, the FCA hopes this will also allow firms dealing with certain crypto assets to assess whether they are ... read more

UK Financial Regulator: Crypto Investors Are Driven by Interest to 'Get Rich Quick'

The U.K. Financial Conduct Authority has published two studies on crypto, revealing that U.K. consumers lack knowledge of the industry ... crypto assets are accompanied by risky behaviour, i.e., ... read more

FCA: Cryptocurrency noobs still buy Bitcoin without understanding it

Today, the UK’s Financial Conduct Authority (FCA) released two pieces of research – qualitative interviews and a national survey – looking at consumer’s attitudes towards crypto-assets ... assumptions ... read more

UK Government Taskforce Publishes Final Report on Cryptoassets

Simultaneously, the UK government has already committed tens of millions of pounds for research and development of DLT. The members of the Taskforce will be engaging directly with crypto industry ... ... read more

Cryptoassets lure ‘get rich quick’ investors, says regulator

Meanwhile investors had little sense of how or why they would sell their assets ... this year on whether the FCA’s remit should be broadened in order to put it in charge of a greater part of the ... read more

Crypto regulation is coming to the UK

British government stands for crating regulatory environment for cryptocurrency assets. The FCA may have its powers expanded. The UK ... industry regulation. In October, the Financial Conduct ... read more

UK mulls banning cryptocurrency assets, says they have ‘no intrinsic value’

As part of a Treasury-led taskforce, the UK’s Financial Conduct Authority (FCA ... government is lashing out at the cryptocurrency industry. Not only does the report reaffirm its view that digital ... read more

UK Gov’t Faces Questions Over Impact of Crypto Bear Market on UK Blockchain Industry

The U.K. government says it is not formally assessing the impact of the global crypto market downturn on the domestic blockchain industry ... FCA issued guidance for banks on how to handle the risks ... read more

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