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Ramp aka ‘Paypal for Crypto’ Wins Registration with UK’s FCA

Adopting capabilities in both regulatory compliance and financial technological innovation, Ramp wants everyone to enjoy the benefits of a decentralized financial set ecosystem.Ramp, in its bid to make cryptocurrency accessible to everyone, has achieved another milestone: its ‘PayPal for Crypto’ service has won the FCA i.e. Financial Conduct Authority registration.

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Huobi Global Connects to European Banking System via UK’s BCB Group

Regulated crypto payment services firm BCB Group has partnered with Huobi Global to help the Seychelles-based exchange giant connect its trading desks to the banking system in the U.K. and Europe.Announced Tuesday, customers of Huobi’s over-the-counter (OTC) platform will be able to settle transactions instantly in euros and pounds (GBP)

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U.K.’s FCA: Number of British Investors Buying Bitcoin Doubled in 1 Year

The U.K.’s Financial Conduct Authority (FCA) says the number of British people buying Bitcoin doubled in a year. In a research paper, the authorities said 2.6 million people bought cryptocurrencies at some point.In large part, the FCA’s stance towards crypto assets remains neutral. The regulatory body said that it believes

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UK’s Regulator FCA to Monitor Money Laundering and Terrorism Finance via Crypto

The UK’s Financial Conduct Authority (FCA) now supervises companies and business working with crypto for anti-money laundering (AML) and counter terrorism finance (CTF) compliance.In an announcement released on January 10th, the financial regulator said that it will supervise whether businesses dealing with cryptocurrencies and blockchain in the UK are complying

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