Financial Conduct Authority - Febspot

Financial Conduct Authority

A collection of 6 posts

UKCBC survey says UK banks block or delay about 40% of crypto payments — Images.cointelegraph.com

UKCBC survey says UK banks block or delay about 40% of crypto payments

A survey by the UK Cryptoasset Business Council (UKCBC) found transfers between United Kingdom bank accounts and crypto exchanges are frequently blocked, delayed or refused, and estimates about 40% of transactions to exchanges are either blocked or delayed. The Locked Out: Debanking the UK’s Digital Asset Economy survey drew

Treasury committee warns inadequate AI oversight risks harm to UK consumers and finance — I.guim.co.uk

Treasury committee warns inadequate AI oversight risks harm to UK consumers and finance

MPs on the Treasury committee warned that consumers and the UK financial system are being exposed to "serious harm" by the failure of government and the Bank of England to get a grip on the risks posed by artificial intelligence, in a new report. The report criticises ministers

FCA says registered crypto firms must reapply for approval under 2027 regime — Cdn.sanity.io

FCA says registered crypto firms must reapply for approval under 2027 regime

The Financial Conduct Authority said firms wishing to undertake crypto-related activity in the UK will need to be authorised when a new regime starts in October 2027. The FCA said registered crypto companies must reapply for approval under that new regime. The requirement takes effect when the regime begins in

Ripple subsidiary secures FCA registration in UK as XRP price stays muted — Assets.beincrypto.com

Ripple subsidiary secures FCA registration in UK as XRP price stays muted

Beincrypto reports that Ripple Markets UK Ltd. has received registration from the Financial Conduct Authority (FCA), clearing a major regulatory milestone and allowing the company to operate under the UK’s regulated financial framework. The approval enables Ripple to work directly with banks and financial institutions and positions it as

UK approvals let Ripple route payments using XRP inside regulated flows — Assets.beincrypto.com

UK approvals let Ripple route payments using XRP inside regulated flows

Beincrypto reported that Ripple has secured UK Financial Conduct Authority approvals allowing it to operate a licensed digital-asset payments stack that can use XRP inside regulated payment flows. The company obtained an EMI licence and cryptoasset registration, enabling UK institutions to send cross-border payments “using digital assets” through Ripple’s

FCA opens gateway for UK crypto licences, applications expected in September 2026 — Images.cointelegraph.com

FCA opens gateway for UK crypto licences, applications expected in September 2026

The Financial Conduct Authority said it will open a gateway for crypto asset service providers to apply for UK authorisation, with the application period expected to begin in September 2026. The FCA said all firms providing regulated crypto asset services must be authorised under the Financial Services and Markets Act.