UK’s FCA Issues an Update About Its Stand on Crypto Asset Notes LeapRate

March 11, 2024 BY Simon Mugo

UK’s FCA Issues an Update About Its Stand on Crypto Asset Notes

RIEs are expected to maintain rigorous controls to ensure that trading remains orderly and that professional investors are adequately protected. cETNs must adhere to the comprehensive requirements set by the UK Listing Regime, including those related to prospectuses and continuous disclosure obligations. The FCA notes that with the accumulation of more data and a longer…

July 04, 2019 BY Valentina Kirilova

UK’s FCA gathering evidence for potential ban on sale of crypto-derivatives

The UK’s regulatory watchdog was in the press again yesterday. Per its press release: The Financial Conduct Authority (FCA) is proposing rules to address harm to retail consumers from the sale of derivatives and exchange traded notes (ETNs) referencing certain types of cryptoassets. The FCA considers these products are ill-suited to retail consumers who cannot…

May 07, 2019 BY Valentina Kirilova

Daily Market News: Bitcoin aims for $6,200

Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for May 7, 2019. The text below is an excerpt and does not contain the full analysis. Highlights include: Bitcoin Aims for $6,200: Bitcoin has outperformed most traditional asset classes since the beginning of 2019. It…

March 18, 2019 BY Valentina Kirilova

Basel supervision arm of the BIS expresses risk warnings for cryptoassets

Crypto Winter’s consequences are now reaching global standard setting bodies for the banking establishment. Up to now, crypto related assets have been below the radar, so to speak, from an overall risk perspective, but the Basel Committee on Banking Supervision (BCBS), under the auspices of the Bank for International Settlements (BIS), has sent a directive…

January 23, 2019 BY Valentina Kirilova

FCA helps firms understand whether their cryptoasset activities fall under regulation

UK financial regulator the Financial Conduct Authority (FCA) has announced that it is today consulting on guidance, which, once finalised, will set out the cryptoasset activities it regulates. With this move, the regulator aims to help firms understand whether their cryptoasset activities fall under FCA regulation. Christopher Woolard, executive director of Strategy and Competition at…

August 20, 2018 BY Valentina Kirilova

eToro adds IOTA to its list of cryptoassets

FX broker eToro has announced that it has just added IOTA, bringing the total number of cryptoassets available on the platform to 12. IOTA aims to enable companies to explore and open up new business to business marketing opportunities by making every technological resource a potential service to be traded on an open market in…

Tag: cryptoassets