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UK FCA says it has reached a settlement with HTX and the court requires it not to knowingly promote cryptoasset services illegally, directly or indirectly, to UK consumers.
HTX states that the related litigation with the UK Financial Conduct Authority (FCA) has been properly resolved. Restrictions related to the UK market and exit arrangements had previously been implemented, and the settlement does not constitute an admission of legal liability or violations.
Stand With Crypto said that UK consumers May to August submitted 10,092 complaints about banks restricting cryptocurrency purchases, involving 9,800 users. The report also said that approximately FCA of transfers to exchanges registered with the UK 40%were blocked or delayed.
United Kingdom FCA The consultation paper states that crypto applications that select or adjust trading routes based on price, liquidity, speed, or cost may not qualify for the purely technical services exemption and may require authorisation. The paper remains at the consultation stage, with comments due November 18。
Coinbase European Policy Director Katie Harries said the UK’s FCA proposed rules may require regulated platforms to execute orders only at authorised venues, thereby restricting their provision of DeFi access. The regime is expected to take effect from October 25, 2027.
UK FCA launches consultations on DeFi guidance for businesses on complying with anti-money laundering and financial crime rules, as well as regulatory exemptions for certain cryptoassets. The related regime for stablecoin holding arrangements and reserve assets is expected to be implemented in 2027 October.
UK FCA launches consultations on DeFi the application of existing compliance rules and the scope of authorization exemptions under the new cryptoasset regime, respectively; the consultations close on November 18. Final guidance is planned for publication in 2027 January, and the new regime is proposed to take effect on October 25, 2027.
UK CMA proposes requiring Apple to open iPhone NFC contactless payment access and establish fee principles; the public consultation closes on November 17, and Apple has already expressed opposition.
United Kingdom FCA has begun accepting crypto firm authorization applications; relevant companies intending to continue operating in the UK must apply by February 28, 2027; the new regime is scheduled to take effect on October 25, 2027.
United Kingdom FCA has begun accepting authorisation applications from cryptoasset businesses under the new regulatory regime. Businesses intending to continue operating must submit applications by February 28, 2027. The new regime will take effect in October 25, 2027 takes effect.
UK FCA obtained a court order requiring two individuals involved in a fake crypto investment scam to jointly repay 851,402 pounds, intended to be returned to victims. At least 65 investors previously lost a total of 1540000 pounds.
A CoinShares researcher said Germany leads the UK in crypto adoption; Germany has more licensed service providers, while the UK is advancing license applications and a new regulatory regime.