Coinbase Fined $4.5 Million by UK Regulator for Breach
#Coinbase #UK fined $4.5M for onboarding high-risk customers, exposing major control failures in its compliance practices. #Coinbase
#Coinbase #UK fined $4.5M for onboarding high-risk customers, exposing major control failures in its compliance practices. #Coinbase
#FCA arrests 2 suspects in a $1.2B illegal #cryptoexchange bust in the UK, seizing digital devices as UK regulations combat crypto crime. #Crypto #FCA #FinancialCrime
#Bitcoin spot ETFs saw $154M inflows on May 22, with #BlackRock leading. #WisdomTree got #FCA approval for #Bitcoin and #Ethereum ETPs on #LSE.
#FCA approves #WisdomTree’s #Bitcoin and #Ethereum #ETPs for the #LSE, enabling UK professional investors to access and trade #crypto assets.
Revolut was added to the UK financial regulator’s crypto asset business registry. FCA was designated as the United Kingdom’s anti-money laundering and counter-terrorism financing body. Crypto asset enterprises were forced to register in order to be approved to offer their services in the UK. Following a protracted wait, European fintech startup Revolut has finally received registration from the United Kingdom’s Financial Conduct Authority (FCA) to offer crypto services in the United Kingdom. On September 26, the digital banking service, which is valued at $33 billion, was added to the UK financial regulator’s crypto asset business registry. European digital bank Revolut