This page contains the names of UK businesses that appear to be carrying on cryptoasset activity that are not registered with the FCA for anti-money laundering purposes. Please note that this is not a complete list of all unregistered cryptoasset businesses that are operating in the UK. It contains the details of unregistered businesses that we are aware are currently operating.
Crypto MOM latest speech:
It is common to hear government officials worrying about crypto’s use by criminals, even though the numbers suggest that it is used for illicit purposes less often than cash is. Perhaps, government officials should pause to consider the flip side of crypto—its value in protecting people from illicit activity. Because of its ability to reach people without intermediaries and its ease of storage, transport, and access, crypto can be an important part of the survival story of people living under the threat of harm by their families, people in their communities, or repressive governments.
How can we clean the internet from fake online ads, which in some cases promote by scammers?
One thing for sure, it is ongoing process.
As is typical of pump-and-dump schemes, they secretly accumulated a position in a digital asset through bitcoin trading in anticipation of price spikes following McAfee’s misleading public endorsements on social media.
For Cryptoasset-related investments, consumers are unlikely to have access to the Financial Ombudsman Service Financial Services Compensation Scheme if something goes wrong.
Consumers should be wary if they’re contacted out of the blue, pressured to invest quickly or promised returns that sound too good to be true.
It is unlikely that you will have access to The Financial Ombudsman or Financial Services Compensation Scheme, irrespective of whether a firm has temporary or full FCA registration.
Regulators, without having any grounds for suspicion, will be able to watch every move of every person who trades in our markets. We would not find it pleasant or appropriate for a government minder to monitor our purchases at a farmers’ market, and it is no more pleasant or appropriate in an equity market.
Maybe is it time for stablecoin/s on stock/s in order to avoid the CAT? your call
They will be just fine :), hopefully.
Tradenet sold investors packages of materials that claimed to be for the purpose of educating investors about day trading but also paid investors a portion of net profits from simulated trades conducted in a funded trading account provided as part of the packages
There is one true rule when it comes to insurance, if it is too complex, you will be "BEEP" hardly. You don't want to end up paying for nothing, it is the opposite of fun.
More data can be confusing, but we may need more time to adjust to the extra information provided by currency transfer service providers.