UK Shuts Down Temporary Crypto Company Licensing Program

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 63%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

A U.K. program overseen by the FCA to let crypto companies operate with temporary licenses was shuttered last week – leaving some companies scrambling. camomileshumba reports

By June 30, Revolut was the only company remaining on the list and ended up being the only one to receive approval from the FCA. The other four companies have opted to register elsewhere and operate outside the U.K.GlobalBlock planned to come off the TRR regime because it felt the FCA was “not ready” for crypto companies at that point, CEO Rufus Round told CoinDesk in an interview in April. Round added that the regulator hadn’t approved its application for at least 18 months.

Copper is still in talks with regulators across the jurisdictions the company is operating in, including the U.K., Carly Nuzbach Lowery, the firm’s chief legal officer, said in an email to CoinDesk in July. Copper’s subsidiary received awhen it was added to the country’s Financial Services Standard Association, a self-regulatory body recognized by the Swiss Financial Market Supervisory Authority, Lowery said.

CEX formally withdrew its application on May 31, according to Jonathan Wykes, managing director of U.K. and Europe at the firm. It has moved users located in theFirms serving U.K. customers should be regulated with the FCA, but the regulator is waiting for crypto to be added to theMoneybrain didn’t respond to a request for comment.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

FCA camomileshumba Uniswapp neeeed to fix this now

FCA camomileshumba 🚀Thnkss a millon.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 291. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Uzbekistan Introduces Monthly Fees for Cryptocurrency Companies – Regulation Bitcoin NewsCrypto firms licensed in Uzbekistan will have to pay fees to the state under new legislation proposed by regulators. Naoris Protocol provides a secure unified governance layer across all devices in the network, creating a supercomputer of trust that makes networks stronger as they grow, not weaker. NaorisProtocol decentralized cybersecurity mesh blockchain NaorisProtocol Trade on Coinstore now 📌 a lot of potential projects are available there , and the exchange is really safe for trading Cz having hight protection ( doing KYC 1 and KYC 2 ) 🙌 Coinstore CoinstorePrime Why you not talking aboout this!.
Fonte: BTCTN - 🏆 531. / 51 Consulte Mais informação »