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A visual representation of crypto firms being rejected by the UK Financial Conduct Authority, showcasing an official document with a large 'Rejected' stamp, and a background highlighting financial and regulatory themes.

UK's Financial Authority Rejects 87% of Crypto Applications

By Olivier Acuña | TH3FUS3 Chief Editor

Nearly 90% of crypto firms applying to be registered in the United Kingdom in the last 12 months failed to meet the standards of the country's financial watchdog. The UK Financial Conduct Authority's annual report for 2024 revealed that crypto firms struggled with fraud protection and money laundering protocols.

September 6, 2024 06:00 AM

cryptocurrency

UK's Tax Collector Goes After Crypto Gains

The tax agency's postal initiative is the first wave, with more letters expected to be mailed out next month

August 9, 2024 08:50 AM

cryptocurrency

UK Financial Authority Busts $1.2B Crypto Scheme

During the arrest of two suspects and office searches, several digital devices with more evidence of illegal activities were seized

June 21, 2024 11:00 AM

cryptocurrency

WisdomTree Secures UK Approval for BTC and ETH ETPs

The prominent global fund manager is set to list Bitcoin and Ethereum Exchange-Traded Products on the LSE

May 22, 2024 03:42 PM

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