Thursday, February 20, 2020
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UK Crypto Exchange Coinfloor Launches ‘No BS’ Service for Bitcoin Beginners

U.K-based crypto exchange Coinfloor, which made news last year by delisting ethereum to focus solely on bitcoin, is launching a simplified buying service.Going live next month, Coinfloor, the longest-running crypto exchange in the U.K., is providing an “Auto Buy” service aimed at bitcoin newbies and hodlers alike, as opposed to

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UK Financial Watchdog Seeks Cryptocurrency Expert to Address EU Regulations

The United Kingdom’s major financial regulator, the Financial Conduct Authority (FCA), is looking to hire a specialist with a cryptocurrency background.Specifically, the FCA is seeking an intelligence associate with crypto expertise to address digital assets under the European Union's 5th Anti-Money Laundering Directive, the regulator said in a LinkedIn

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UK Financial Service Provider to Coinbase, Bitstamp Awarded FCA Payments License

A company that provides financial services for cryptocurrency companies like Coinbase, Bitstamp and Galaxy Digital has been awarded a payments license by the U.K.'s Financial Conduct Authority (FCA).London-based BCB Group announced the news Wednesday, saying its subsidiary subsidiary, BCB Payments Ltd. is now the "first and only crypto-focused" company

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UK Financial Watchdog FCA Now Supervises AML/CTF Compliance of Crypto Businesses

Britain’s Financial Conduct Authority (FCA) now monitors anti-money laundering (AML) and counter terrorist financing (CTF) for companies carrying out cryptocurrency-related activities.According to an official announcement published on Jan. 10, FCA will supervise whether United Kingdom-registered businesses engaged in crypto asset-related operations are compliant with relevant regulations and requirements.List of

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Binance Adds Near-Instant UK Pound Payments in Latest Fiat Expansion

Malta-based cryptocurrency exchange Binance has added a flurry of new fiat funding options since New Year, including Faster Payments for U.K. pounds-bearing customers.The company announced Wednesday that the addition comes via a new partnership with fiat-to-crypto payments provider Banxa, which also allows the firm to offer Australian dollar and euro

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Fidelity Digital Assets Launches UK Branch In Line With Local Laws

Fidelity Investments’ cryptocurrency branch Fidelity Digital Assets is expanding to the United Kingdom.“We plan to provide our services to European institutional investors through our U.K.-registered entity, Fidelity Digital Assets, Ltd,” a Fidelity Digital Assets representative told Cointelegraph on Dec. 17, saying:“We recognize that the regulatory requirements for service providers

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