Victims of a £1.5m crypto investment fraud will be able to recover lost funds after the FCA obtained confiscation orders against Raymondip Bedi of Bromley and Patrick Mavanga of Peckham, who were jailed for a combined 12 years for their roles in the scam.
Firms involved in crypto currency investments will have to meet clearer standards under new rules set out today by the Financial Conduct Authority (FCA).
The FCA has carried out its first operation to disrupt illegal peer-to-peer crypto trading across multiple London locations.
The FCA has opened a consultation into new guidance to help firms understand how they might be affected by the regulatory regime for crypto assets.
New rules which came into force at the start of the year have made it harder for crypto investors to hide their gains from international tax authorities.
Chancellor Rachel Reeves is planning new legislation to support the growth of cryptoassets in the UK and to provide a clearer, more transparent crypto regulatory regime.
The FCA has confirmed it has lifted the ban on consumers investing money into crypto exchange traded notes (cETNs).
Taunton-based Luke Coleman has been convicted and fined for unlawfully obtaining and disclosing personal data in breach of the Data Protection Act, following a prosecution by the FCA.
Financial services firms will soon be able to offer retail consumers access to crypto exchange traded notes (cETNs), under changes announced by the FCA.
Two individuals have been sentenced to a combined 12 years in jail for their roles in a £1.5m crypto fraud.
The FCA plans to lift its four year ban on offering high-risk crypto exchange traded notes (cETNs) to retail investors.
The FCA is seeking views on the future regulation of specific cryptoasset activities, ahead of legislation to bring them within regulation.
The Government has published draft legislation for bringing crypto assets into the regulatory perimeter.
A 46-year-old man, Olumide Osunkoya, has been jailed at Southwark Crown Court today for four years for running illegal crypto ATM activity said to be worth over £2.5m.
The FCA has issued warnings over five unauthorised crypto asset, forex and CFD firms operating in the UK without any permissions from the regulator.
The FCA has charged the first individual with running a network of illegal crypto ATMs.
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