The UK authorities are coming for crypto scammers in numbers, but will legit companies get caught in the dragnet?
The United Kingdom’s Financial Conduct Authority, or FCA, has announced it has 50 active investigations as part of its efforts to crack down on unregistered crypto businesses.it had opened more than 300 cases on unregistered crypto firms in the last six months “many of which may be scams.” In addition, the country’s financial watchdog said it was conducting 50 active investigations — which may include criminal probes — into authorized crypto businesses.
According to the FCA, U.K. residents sent in 16,400 inquiries between April and September 2021, which included crypto-related scams. The regulatory body said it would be employing tools including “more assertive supervision and enforcement action," and"being tougher with firms who want to operate” in the United Kingdom.
We’re taking a more assertive approach to tackling harm in the consumer investments market, including stopping a quarter of new firms from entering the market
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
The 50 Most Important Women in ScienceFrom the archive: 'The 50 Most Important Women in Science.' 20 years ago we published this story with 50 of the world's most important scientifc women. Who would you add to this list today? Drop their name or tag them! WomensHistoryMonth Science
Les mer »
Doctors Using AI, Supercomputer To Predict And Prevent 50% Of Mental Illness“If we can identify this early ... we can treat for and alleviate almost 50% of the mental illness that goes into adulthood,” Dr. John Pestian told me recently on the TechFirst podcast. “So catching it young, catching it early, and giving care is a very important part.”
Les mer »
50 Cent Rips “Dumb Sh*t” Starz, Threatens to Exit Overall DealThe exec producer, whose four-year pact expires this year, is behind the ‘Power’ franchise and ‘BMF,’ among other shows for the Lionsgate-backed cabler and is fielding offers from other studios and streamers.
Les mer »
Russia's Automotive Market Could Shrink By 50% As A Consequence Of Ukraine Invasion | CarscoopsRussia's Automotive Market Could Shrink By 50% As A Consequence Of Ukraine Invasion | Carscoops carscoops
Les mer »
50 Healthy Desserts That Will Actually Satisfy Your Sweets CravingsI know what I'm doing this weekend!
Les mer »
See 'Charles in Charge' and 'Baywatch' Star Nicole Eggert Now at 50 — Best LifeNicole Eggert is best known for her roles on the hit shows 'Charles in Charge' and 'Baywatch.' Find out about the actor's life today.
Les mer »