Payments startup Bottlepay said it has been approved by the Financial Conduct Authority (FCA) to carry out crypto-asset activities in the U.K., making it the first Lightning network-based firm to win permission from the country’s financial regulator .Bottleplay, which is owned by bitcoin investment company NYDIG, allows users to make micropayments using messages on Twitter, … [Read more...] about NYDIG-Owned Payments Startup Bottlepay Obtains FCA Registration
FCA
Binance plans to launch in the U.K. and prepares for seeking FCA approval
Binance founder and CEO, Changpeng Zhao, recently revealed that the crypto exchange aims to become a registered service provider in the UK in six to 18 months, reported The Telegraph.Roughly six months after the Financial Conduct Authority (FCA) warned that Binance is operating in the UK without permission, the cryptocurrency exchange revealed plans to build its business in the … [Read more...] about Binance plans to launch in the U.K. and prepares for seeking FCA approval
Binance Hires in UK, Plans to Seek FCA Approval for Launch: Report
Just months after the U.K.’s Financial Conduct Authority (FCA) said Binance should not be operating in the country, the world’s largest crypto exchange said it has hired staff and plans for file for regulatory approval. CEO Changpeng “CZ” Zhao told the Sunday Telegraph that relations have improved since its ban in June. Source link … [Read more...] about Binance Hires in UK, Plans to Seek FCA Approval for Launch: Report
CryptoCompare Gets FCA Authorization to Operate as Benchmark Administrator
“I am delighted that CryptoCompare has now achieved FCA authorization, creating new avenues for institutional and retail investors to gain exposure to our standard-setting digital asset indices,” said Charles Hayter, CEO of CryptoCompare, in a statement. Source link … [Read more...] about CryptoCompare Gets FCA Authorization to Operate as Benchmark Administrator
Cryptocurrency exchange Bybit shuts up shop in UK in compliance with FCA ban
Singapore-based cryptocurrency derivatives exchange Bybit announced on Friday that it would be suspending services for its customers n the United Kingdom. Bybit offers a range of high-end trading products for cryptocurrencies such as Bitcoin (BTC), Ether (ETH), Bitcoin Cash (BCH), Litecoin (LTC) and more.The move follows a blanket ban on all retail cryptocurrency derivatives … [Read more...] about Cryptocurrency exchange Bybit shuts up shop in UK in compliance with FCA ban