London has 18 Open Cases Against Cryptocurrency Dealings

London has 18 Open Cases Against Cryptocurrency Dealings

United Kingdom media outlet Telegraph reported that UK regulators still have 18 open cases in connection with cryptocurrency dealing companies. The FCA is working over concern for the integrity of financial markets.

According to the Telegraph, the Financial Conduct Authority, FCA, opened inquiries into 67 firms related to cryptocurrency business in 2018 to November 12. From the 67, 18 are still open.

The FCA refused to talk about the proceedings, since all 18 investigations are still in process. However, it provided information under a Freedom of Information Act (FOI) request from Telegraph.

Regulators are increasing its inquiries and watch over cryptocurrencies as they are concerned about the problems that Bitcoin and other altcoins may cause to the integrity of financial markets.

Recently Similar News

cex-promotion etoro-promotion

Latest Guides

Latest News

Fiat,Kraken,Pairings,Updates

Kraken Add and Remove Trading Pairs

The team at Kraken has been adjusting the pairs available on their platform with some new ones added and some old ones removed. The pairs available will become available as of next Thursday, 19th December, when in total 10 new pairs will become available and 5 others will be discontinued on the platform. However, this […]

15 December, 2019
BitPanda,Listings,Tokens,Use Cases

BitPanda List Chiliz (CHZ) & Celebrate With Competition

BitPanda has added the latest trading possibility to their platform Chiliz (CHZ) and you can win yourself some prizes that include VIP experiences at some top European football events by investing. With each passing day, more and more tokens are attempting to break into what is becoming a fairly saturated market. With this considered, the need for […]

14 December, 2019
Exmo,IEO,Social Media,Tokens

Latest EXMO IEO Sells out in 30 Minutes

This week saw the latest IEO from EXMO for the token Heartbout which proved successful selling out in 30 minutes. This is the latest in a long line of successful IEOs hosted by the platform which includes ZigZag and of course, their own native token, EXM. As such, they have continued this good form with […]

13 December, 2019
Cardano,CEX,Listings,Updates

Cardano (ADA) Goes Live at CEX

As previously reported, Cardano (ADA) was due to be listed on CEX. As of today (13th December, 2019), the popular crypto asset is now available for trade on the platform. Now that this has happened it means users can immediately begin to trade it via the ADA/USD pair that is now available on the platform. […]

13 December, 2019
Launch,Staking,Tezos,Up

Kraken Will Launch 6% Return Staking Tezos Tomorrow

Exchange platform, Kraken will be launching a “new best-in-class staking service” that promises 6% rewards by leveraging Proof of Stake (POS). By now, people are no doubt aware of the concept of staking as it quickly becoming the norm in the crypto industry for how cryptocurrencies are designed. This is as opposed to proof-of-work assets […]

12 December, 2019
Cardano,CEX,Investment,Listings

CEX Poised to List Cardano (ADA) on their Exchange

With just a few weeks left of 2019, there is still plenty of time for investment and users at CEX should have a new option by which to do so with news of this new listing. It may come as a surprise to some of you that Cardano (ADA) was not already listed on the […]

11 December, 2019
BaseFEX,Liquidation,Security,Updates

BaseFEX updates Risk Management Features

Exchange platform, BaseFEX have made their users aware of updates to an important area of their service, Risk Management. Any form of investment has inherent risk. The trick of the trade though is to ensure that the risk that is attached in minimised. At most exchange platforms, there will be risk management features that can […]

11 December, 2019
Exmo,Money Laundering,Security,Updates

EXMO Vows To Improve Transparency In 2020

It’s the end of the year and it is, of course, the time for New Year resolutions. Exchange platforms are no different and in their latest blog post, EXMO has outlined how they will be improving one area of their service. As per the exchange platform, the move going forward to make all aspects of […]

10 December, 2019