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Regulation: UK’s FCA Bans Retail Crypto Derivative Services After Bitmex Indicted By U.S.

The United Kingdom’s (UK) Financial Conduct Authority (FCA), has banned companies in the country from offering cryptocurrency derivatives products such as futures, options, and exchange-traded notes (ETNs.) The historic decision was dragged on for a year since the body first proposed banning derivative products according to Coin Telegraph. In a statement released by the FCA,… Read More

UK Fintech Firm Ziglu Introduces P2P Payment Services

A fresh face in the cryptocurrency industry – Ziglu – just rolled out its peer-to-peer (P2P) payment platform. The new service targets both fiat money and cryptocurrency, according to a recent announcement. This news came after Ziglu got a UK Financial Conduct Authority’s (FCA) Electronic Money Institution licence, and a Fifth Money Laundering Directive (5MLD)… Read More

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