Kraken Secures UK EMI License Amid Regulatory and Market Expansion Efforts
Key Insights Kraken has obtained an EMI license from the UK’s FCA, enabling faster transactions and expanding its services in…
12% of UK Adults Now Own Cryptocurrency, FCA Study Reveals
Key Insights The UK FCA reports cryptocurrency ownership has increased to 12% of adults, with average holdings rising to £1,842.…
UK’s FCA Finds Mixed Compliance in Crypto Firms’ Marketing Practices
Key Insights FCA review of crypto firms’ compliance with financial promotion rules finds both good practices and significant shortcomings. Regulator…
Kuwait’s NCM Financial Secures UK FCA License, Eyes Expansion
Key Insights NCM Financial obtains FCA license for its UK subsidiary, NCM Financial UK Ltd. NCM injects £3.75 million into…
FCA Fines Coinbase Subsidiary £3.5 Million for Breaching Financial Crime Controls
Key Insights The UK’s FCA fined CB Payments Ltd, a Coinbase subsidiary, £3.5 million for breaching financial crime controls and…
FX Broker LCG Resumes Operations After Parent Company Bankruptcy
Key Insights London Capital Group resumes normal operations and client onboarding after temporary halt due to parent company FlowBank’s bankruptcy.…
£350,000 in Fines: FCA Punishes SVS Securities Execs for Mismanaging Pensions
Key Insights UK financial watchdog has fined three former SVS Securities executives over £350,000 and issued bans for mismanaging customer…
UK FCA Warns of Clone Firm Impersonating Admiral Markets
Key Insights The UK’s FCA has warned against a clone firm impersonating regulated broker Admiral Markets UK Ltd. The fraudulent…
HSBC Fined £6.3 Million by UK Watchdog Over Arrears Failings
Key Insights The UK’s FCA fined HSBC £6.28 million for failing to properly consider customers’ circumstances when they fell into…
UK FCA Fines Citigroup $46 Mln after $1.4 Bln ‘Fat Finger’ Error
Key Insights The UK’s FCA fined Citigroup $46 million over a $1.4 billion “fat finger” trading error that sent equities…