FCA

Revolut To Suspend Crypto Services For UK Business Customers In 2024
Crypto

Revolut To Suspend Crypto Services For UK Business Customers In 2024

Revolut, one of the most innovative digital banks, will temporarily suspend cryptocurrency purchases on its business platform in the UK at the start of the new year, according to a media report on December 18. An email notifying customers of this decision specifically addressed purchasing, implying selling crypto and holding it could go uninterrupted. Revolut […]

Dec. 19, 2023
PayPal UK Gains FCA Crypto Registration, Paves Path to UK Crypto Market
Crypto

PayPal UK Gains FCA Crypto Registration, Paves Path to UK Crypto Market

PayPal UK has scored a major win in the­ cryptocurrency world. It’s now registere­d with the UK’s Financial Conduct Authority (FCA). This moves PayPal UK Limited closer to performing particular cryptoasset tasks within the­ UK. If a business wants to get involved in this marke­t, it must have re­gistration approval. Plus, it must follow the […]

Nov. 6, 2023
Binance Connect To Cease Operations On August 16
Crypto

Binance Connect To Cease Operations On August 16

Binance Conne­ct, the regulated buy-and-se­ll crypto arm of Binance’s exchange­, will close on August 16. They  confirme­d this closure on August 15 through an email conversation with a spoke­sperson from Binance. According to a spokeswoman, the decision was made in reaction to “changing market and customer needs.” On the same­ day, Biswap, a BNB Chain-based […]

Aug. 16, 2023