UK faces crypto exodus as firms sound off before FCA deadline
Financial Conduct Authority plans to shutter its temporary registration regime for cryptoasset businesses at month-end.
Source: moneyweb.co.za
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FCA issues termination order for Bitcoin ATMs
Recent data suggests that there are 81 Bitcoin ATMs located within the UK, operated by eight companies.
Source: cointelegraph.com
After Brexit, freedom to set own rules in fintech, crypto could benefit UK
Corporate America Not Likely To Unwind COVID-19 Debt Buildup Despite Credit Hits Blog Blog Blog 12 Jan, 2021 Author Sophia Furber Brexit has created disruption and uncertainty for the U.K.'s fintech sector, but industry insiders say that there is a silver lining. The U.K.'s departure from the bloc leaves it free to forge its own regulatory path in fintech and cryptocurrency. Not only could this spur innovation, it could help the U.K. to reinvent itself as a hub for crypto and decentralized finance, or DeFi. These comments come shortly after the U.K...
Source: spglobal.com