FCA policy, institutional products, startups, and the UK’s digital asset regulatory roadmap.
Revolut is about to test a pound stablecoin in the UK's regulatory sandbox, and the scale of the trial matters less than where it sits.
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.
