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In August 2020, Archax announced becoming the first FCA-regulated digital securities exchange, broker and custodian in the UK. [citation needed] According to Bloomberg, Archax had asked the UK Financial Conduct Authority to regulate it. [11] [12] [13] In October, Archax closed its seed raise with a total funding of $8 million. [14] [15] [16] [17]
The U.K.-registered EXMO exchange is one of the many crypto startups to go through the FCA approval process. Execs detailed the work it took to get there.
European fintech unicorn Revolut has finally won registration from the United Kingdom's Financial Conduct Authority (FCA) to offer crypto services in the U.K. following a lengthy wait.
LMAX Digital is a regulated institutional spot crypto currency exchange which was launched in May 2018. [ 14 ] [ 15 ] Based on proven and proprietary technology from LMAX Group, LMAX Digital allows global institutions to acquire, trade and hold the most liquid digital assets - BTC , ETH , LTC , BCH and XRP safely and securely.
BitConnect was described as an open source, all-in-one bitcoin and crypto community platform but was later discovered to be a Ponzi scheme. 2018 KodakCoin: Kodak and WENN Digital Ethash [84] KodakCoin is a "photographer-centric" blockchain cryptocurrency used for payments for licensing photographs. Petro: Venezuelan Government: onixCoin [85 ...
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EDX Markets is an institutional cryptocurrency exchange owned by Citadel Securities, Fidelity Digital Assets, Charles Schwab Corporation, Virtu Financial and Sequoia among others.
Mark Steward, who led the enforcement of anti-money laundering measures for crypto in the U.K., is stepping down after seven years with the Financial Conduct Authority. FCA's Crypto AML Compliance ...
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