Binance Square

FCAUpdate

197 views
4 Discussing
CRYPTO HUNTER BNB
--
Bullish
🚨Big news from the UK! 🇬🇧 The FCA has officially lifted the ban on crypto ETNs for retail investors, meaning people will now have access to these products via UK-approved exchanges. This is a huge step toward mainstream crypto adoption in Europe’s financial hub. More access for retail investors often leads to higher liquidity and broader market participation – both positive signs for the industry. We might see increased activity in crypto markets as a result. Let’s keep an eye on how this development impacts trading volumes in the coming weeks. #FCAUpdate #FCAApproval $BTC $ETH $BNB
🚨Big news from the UK! 🇬🇧 The FCA has officially lifted the ban on crypto ETNs for retail investors, meaning people will now have access to these products via UK-approved exchanges.

This is a huge step toward mainstream crypto adoption in Europe’s financial hub. More access for retail investors often leads to higher liquidity and broader market participation – both positive signs for the industry.

We might see increased activity in crypto markets as a result. Let’s keep an eye on how this development impacts trading volumes in the coming weeks.
#FCAUpdate #FCAApproval
$BTC $ETH $BNB
UK Moves to Ban Crypto Purchases with Borrowed Funds: A Turning Point for the Market?The United Kingdom is taking a bold step in crypto regulation by planning to ban consumers from buying cryptocurrencies with borrowed money, such as credit cards. The Financial Conduct Authority (FCA) announced this move as part of its wider efforts to protect retail investors from high-risk financial behavior. What Happening? According to the FCA, the number of people using loans to invest in crypto jumped from 6% in 2022 to 14% in 2023. These investors are often unaware of the risks involved in crypto trading, especially when leveraging borrowed funds. The regulator compared this kind of behavior to gambling due to the extreme volatility of digital assets. The proposed rules would not only ban purchases using credit, but also introduce requirements like credit checks and investment experience assessments for those engaging in crypto-related lending and borrowing activities. Part of a Bigger Crackdown This announcement comes just days after the UK government introduced draft legislation to fully regulate the crypto industry. The new framework aims to bring cryptocurrency exchanges, brokers, and custodians under financial regulatory oversight for the first time. The UK wants to position itself as a global crypto hub, but with clear rules to ensure transparency, consumer protection, and operational security. As of 2025, an estimated 12% of UK adults have interacted with crypto in some form—up sharply from just 4% in 2021. Mixed Reactions from the Industry While the FCA’s intent is to safeguard the public, critics warn that the ban may push investors toward unregulated offshore platforms where they face even greater risks. Others are concerned about the complexity of the new framework and whether the FCA can effectively enforce it. Industry stakeholders have been invited to provide feedback, with consultations open until June 13, 2025. Final regulations will be rolled out after these discussions conclude. What This Means for Crypto Globally The UK’s crypto clampdown is being watched closely around the world. If successful, it could set a new global standard for how governments regulate the rapidly evolving digital asset space. The key challenge will be finding the right balance—supporting innovation without compromising investor safety.

UK Moves to Ban Crypto Purchases with Borrowed Funds: A Turning Point for the Market?

The United Kingdom is taking a bold step in crypto regulation by planning to ban consumers from buying cryptocurrencies with borrowed money, such as credit cards. The Financial Conduct Authority (FCA) announced this move as part of its wider efforts to protect retail investors from high-risk financial behavior.
What Happening?
According to the FCA, the number of people using loans to invest in crypto jumped from 6% in 2022 to 14% in 2023. These investors are often unaware of the risks involved in crypto trading, especially when leveraging borrowed funds. The regulator compared this kind of behavior to gambling due to the extreme volatility of digital assets.

The proposed rules would not only ban purchases using credit, but also introduce requirements like credit checks and investment experience assessments for those engaging in crypto-related lending and borrowing activities.

Part of a Bigger Crackdown
This announcement comes just days after the UK government introduced draft legislation to fully regulate the crypto industry. The new framework aims to bring cryptocurrency exchanges, brokers, and custodians under financial regulatory oversight for the first time.

The UK wants to position itself as a global crypto hub, but with clear rules to ensure transparency, consumer protection, and operational security. As of 2025, an estimated 12% of UK adults have interacted with crypto in some form—up sharply from just 4% in 2021.

Mixed Reactions from the Industry
While the FCA’s intent is to safeguard the public, critics warn that the ban may push investors toward unregulated offshore platforms where they face even greater risks. Others are concerned about the complexity of the new framework and whether the FCA can effectively enforce it.

Industry stakeholders have been invited to provide feedback, with consultations open until June 13, 2025. Final regulations will be rolled out after these discussions conclude.

What This Means for Crypto Globally
The UK’s crypto clampdown is being watched closely around the world. If successful, it could set a new global standard for how governments regulate the rapidly evolving digital asset space. The key challenge will be finding the right balance—supporting innovation without compromising investor safety.
--
Bullish
🛑🥀FCA Approves Asset Reality to Offer Crypto Custody Services in the UK🇻🇮 ♉👉Asset Reality, the first end-to-end asset recovery operating system, is now registered as a VASP with the Financial Conduct Authority (FCA).✅🎀 📣🦚Asset Reality, the world’s first seized asset platform provides an end-to-end solution to support the seizure, management, and disposal of both physical and virtual assets💸☘️ 🚀♏The company has successfully registered as a Virtual Assets Service Provider (VASP) with the UK Financial Conduct Authority under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (MLRs). ♏🦚Solving the end-to-end challenge of asset recovery by providing a single asset recovery operating system.✅ ♏🚀Until now, asset recovery practitioners have been forced to create their own end-to-end solution for asset recovery by combining spreadsheets,hardware wallets, exchanges, and consultants. This fragmentation has led to inefficiency and risk in the asset recovery process. Asset Reality offers a unified Platform, purpose-built for government and enforcement agencies with 100% asset coverage, whether virtual or traditional. The Platform combines seizure support, asset inventory and management, virtual asset custody, valuation, liquidation and compliance workflows into a single secure asset recovery operating system. This comprehensive solution makes it easier to seize, manage and dispose of all asset types in a transparent and auditable manner🎀🌹🏋️#FCAApproval #REX-OSPREYSolanaETF #FCA #FCARegulation #FCAUpdate 🥀🇻🇮🥀🇻🇮🥀🇻🇮🥀🇻🇮🥀🇻🇮🥀🇻🇮🥀🇻🇮🥀🇻🇮🥀🇻🇮🥀✅✅✅✅✅✅✅✅✅✅✅✅✅✅✅✅$BNB {spot}(BNBUSDT) $ETH {spot}(ETHUSDT) $XRP {spot}(XRPUSDT)
🛑🥀FCA Approves Asset Reality to Offer Crypto Custody Services in the UK🇻🇮

♉👉Asset Reality, the first end-to-end asset recovery operating system, is now registered as a VASP with the Financial Conduct Authority (FCA).✅🎀

📣🦚Asset Reality, the world’s first seized asset platform provides an end-to-end solution to support the seizure, management, and disposal of both physical and virtual assets💸☘️

🚀♏The company has successfully registered as a Virtual Assets Service Provider (VASP) with the UK Financial Conduct Authority under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (MLRs).

♏🦚Solving the end-to-end challenge of asset recovery by providing a single asset recovery operating system.✅

♏🚀Until now, asset recovery practitioners have been forced to create their own end-to-end solution for asset recovery by combining spreadsheets,hardware wallets, exchanges, and consultants. This fragmentation has led to inefficiency and risk in the asset recovery process. Asset Reality offers a unified Platform, purpose-built for government and enforcement agencies with 100% asset coverage, whether virtual or traditional. The Platform combines seizure support, asset inventory and management, virtual asset custody, valuation, liquidation and compliance workflows into a single secure asset recovery operating system. This comprehensive solution makes it easier to seize, manage and dispose of all asset types in a transparent and auditable manner🎀🌹🏋️#FCAApproval #REX-OSPREYSolanaETF #FCA #FCARegulation #FCAUpdate 🥀🇻🇮🥀🇻🇮🥀🇻🇮🥀🇻🇮🥀🇻🇮🥀🇻🇮🥀🇻🇮🥀🇻🇮🥀🇻🇮🥀✅✅✅✅✅✅✅✅✅✅✅✅✅✅✅✅$BNB

$ETH

$XRP
Login to explore more contents
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number