FCA policy, institutional products, startups, and the UK’s digital asset regulatory roadmap.
The FCA is hiring a new Head of Department to form a digital assets team focused entirely of crypto assets. The role, however, does not require any knowledge of crypto from applicants.
FCA’s crypto warning over the years appear to be preventing investors from reaping significant rewards that might be attached to Bitcoin investments.
The UK's Financial Conduct Authority (FCA) warned crypto exchange services to shut down their crypto ATMs or face legal action.
A new study on U.K. members of the parliament show that only one out of 14 have used crypto-related terms on social media.
The financial watchdog further added that it had the power to cancel or suspend any crypto-asset registration if it considered it too risky.
United Kingdom’s FCA received over 16,000 inquiries about possible scams between April to September last year. The watchdog received more than 16,400 inquiries about possible scams between April to September last year. Crypto scams were the majority of these. This led it to investigate potential crypto scam businesses, opening 300 cases.
The U.K.'s Greater Manchester Police has recovered and returned $5.4 million so far from a crypto scam that totaled more than $20 million.
Manchester City believes that building a metaverse stadium could help increase its revenue.
Three NFTs have been seized—but only on paper.
