The ban placed by financial regulators in the United Kingdom on the sale of crypto derivatives to retail traders is now in force. Photo: Cointelegraph On Wednesday, the decision by the United Kingdom's Financial Conduct Authority to ban crypto futures and exchange-traded notes finally went into effe

Photo: Coindesk The U.K. financial regulator Financial Conduct Authority (FCA) ban on the sale of derivatives and exchange-traded notes (ETNs) passed in October went into effect Wednesday. The FCA has said it considers the products to be ill-suited for retail consumers due to the potential harm they

LONDON (Reuters) - Britain offered a new 4.6 billion pound ($6.2 billion) support package for businesses struggling to cope with a third national lockdown that began this week to stem a new wave of COVID-19 cases sweeping the country. Finance minister Rishi Sunak said retail, hospitality and leisure

Photo: Financebrokerage 2019 finishes with a bang for the UK-based independent broker firm PIA-First Limited. Scammers cloned the provider’s identity, claiming their reference number to attract their victims. The fraudulent site featured the official business’ official website address with their reg

Tradehay.com: 17/12/2020 - 09:21 London enters the final days of 2020 with its position as the U.K.’s economic growth engine being whittled away by Brexit and the struggle to contain the coronavirus. The decision to place the capital under the toughest Covid-19 curbs caps a year that saw the virus i

Regulatory body buys itself a further six months to process submitted applications. Photo: Cointelegraph The United Kingdom’s Financial Conduct Authority has issued temporary registrations to crypto-asset companies that have already submitted applications but not yet been processed. According to a D

Photo: Market London-based brokerage firm, Tickmill is expanding its product portfolio with the launch of futures trading to capitalize on the growing popularity for such instruments outside their traditional users. “After partnering with CME, the world’s leading derivatives marketplace, we’re givin

Photo: Coinbase Coinbase UK, the London-based subsidiary of the leading American crypto exchange, has published its annual financial details for 2019, showing a 38 percent decrease in its annual turnover with €94.8 million. The crypto exchange’s 2019 revenue is significantly less than the reported n

Photo: Reuters The Commodity Futures Trading Commission (CFTC) has provided further relief to UK firms, as well as their swap counterparties and affiliates, to resolve any issues that may arise in case Britain crashes out of the EU without a deal. The US regulator effectively extended an existing no

European stock markets edged lower Tuesday, with Brexit uncertainty weighing despite the rollout of a Covid-19 vaccine and likely monetary and fiscal stimulus. At 3:55 a.m. (ET), the DAX in Germany traded 0.1% lower, the CAC 40 in France fell 0.1% and the U.K.'s FTSE in

The move means that UK firms can qualify for time-limited relief from certain regulatory requirements. Photo: Reuters The Commodity Futures Trading Commission (CFTC) has provided further relief to UK firms, as well as their swap counterparties and affiliates, to resolve any issues that may arise in

Photo: Bloomberg The UK’s Financial Conduct Authority said in a brief statement Monday that local investors should use extreme caution when dealing with unauthorized firms known to have been soliciting customers in the UK jurisdiction. The regulator specifically pointed out that one of the brokers h

Photo: FM UK-based spread betting and CFD trading operator FINSA Europe Ltd, which operates under the trading names Financial Spreads and Financial Spreads Plus, has unveiled its financial results for the year ending November 30, 2019, The latest metrics were characterized by lower revenues and high

The U.K. budget deficit reached its highest October level on record, reflecting the effects of government coronavirus policies, the Office for National Statistics reported Friday. The public sector net borrowing rose by £10.8 billion from the last year to £22.3 billion in October. This was the highe