UK’s Financial Conduct Authority

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UK Government Asks Crypto Industry to Provide Insights on Its Regulatory Approach

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Her Majesty’s Treasury in the U.K. issued a document that details a series of proposals addressing the crypto community. With the consultation, the Treasury is initiating a “regulatory approach to cryptoassets and stablecoins” for 2021 following the Brexit turmoil. Special Focus on Stablecoins Regulation According to the official announcement, the consultation mainly targets stablecoins to … Read more

Wirex Approved to Issue Mastercard-Backed Bitcoin Debit Cards

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Mastercard said Monday it had granted Wirex principal membership status, becoming the “first” native cryptocurrency outfit to do so. The membership allows Wirex, a London-based digital payments firm, to issue payment cards directly to consumers, making it easier for people to buy, hold and exchange crypto into fiat money. Raj Dhamodharan, Mastercard’s executive vice president … Read more