ePayments shutters as FCA anti-money laundering regulations tightens
The electronic payment provider is permanently closing operations due to the inability to satisfactorily meet the standards of the FCA after suspending operations for three years.
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The electronic payment provider is permanently closing operations due to the inability to satisfactorily meet the standards of the FCA after suspending operations for three years.
Last week regulators worried about the "de-integration" of financial sector and global energy consumption — all because of crypto.
Queen Elizabeth II passed away yesterday (September 8) at the age of 96, after wearing the British crown for 70 years and 214 days. The death of the longest reigning…
Huobi positions its subsidiary Brtuomi Worldwide as one of the first exchanges to provide compliant crypto derivatives and trading services in the British Overseas Territory.
Tips, tricks and tribulations from the grassroots mission of two Bitcoiners who spent a day trying to “orange pill” merchants in a U.K. town.
“We want to become the country of choice for those looking to create, innovate and build in the crypto space," said MP Richard Fuller.
The ASA said the Gale twins could not post the crypto ads “in the form complained about” again, but did not bar them from promoting digital assets in future advertisements.
While serving as the secretary of state for business, energy and industrial strategy, Nadhim Zahawi was part of a department suggesting support for blockchain technology in 2021.
“The auditors are being significantly more challenging now, because they’re getting beaten up by their regulators,” an individual familiar with Revolut's situation reportedly said.
UK digital bank Revolut has come under the regulator’s scrutiny for inconsistencies in its auditing process. Citing sources familiar with the matter, FT reported that the Financial Reporting Council (FRC)…