Key Highlights: Cryptocurrency exchange HTX has formally exited the United Kingdom following a settlement with the Financial Conduct Authority (FCA) regarding financial promotions. The FCA secured High Court rulings against the platform after it repeatedly breached British financial advertising rules and ignored regulatory inquiries. Under the agreement, HTX has halted deposits, closed registration to new ...
Key Highlights The UK Financial Conduct Authority (FCA) is consulting on a technical-services exemption ahead of the comprehensive crypto regime set to take effect on Oct. 25, 2027. DeFi trading aggregators and interfaces that route trades, evaluate liquidity, or automate execution decisions could be classified as regulated activities requiring licensing. Firms seeking transitional relief must ...
Key Highlights Firms face a February 2027 deadline to submit applications under the new cryptoasset regulatory framework. More than 60 companies already hold registration under the Financial Conduct Authority’s existing anti-money-laundering-focused regime. Edinburgh-based crypto infrastructure platform Zumo has launched a U.K Cryptoasset Regulation Tracker to help firms prepare. Crypto Firms Face February 2027 Regulatory Application ...
Key Highlights The Financial Conduct Authority, HM Revenue & Customs, and the Metropolitan Police jointly inspected three London commercial premises on September 10 over suspected unregistered peer-to-peer crypto trading, with details published on September 17. Cease-and-desist notices were issued to the businesses involved, targeting physical and P2P operations operating outside the UK’s anti-money-laundering registration and ...
Circle’s Chelsea Shirt Deal Exposes a 14-Month Regulatory Gap in UK Stablecoin Oversight On August 31, 2026, roughly 40,000 spectators inside Stamford Bridge watched Chelsea players take the pitch wearing shirts emblazoned with “$USDC by CIRCLE.” Millions more viewed the broadcast across 189 countries. The moment marked the first regulated cryptocurrency company to secure a ...
The U.K.’s National Crime Agency (NCA) has frozen more than £10 million ($13.5 million) held by the Premier League, according to reports. The freezing order…