This crypto company is reportedly planning to move from the U.K. to Switzerland as it struggles to get regulatory approval 👀 Worse still, a former finance minister could end up losing millions of dollars as a result… 💸
A crypto company that counts a former finance minister among its advisors is reportedly plotting a move to Switzerland — as hopes of achieving full regulatory approval in the U.K. begin to fade.
The Financial Conduct Authority had allowed companies that were seeking full registration as a cryptoasset service provider to be subject to a "temporary registration regime" — but this ended on March 31, 2022. Copper is among five companies that remain on this temporary list even after the deadline passed — along with CEX.IO and Revolut. This could mean one of two things: they are attempting to finalize their application and arguing the FCA's decision, or in the process of winding down.
This could be particularly calamitous for Philip Hammond — a member of the House of Lords who served as Chancellor in the Conservative government from 2016 to 2019.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Ex-DeFi Developer Andre Cronje Breaks Silence and Says Crypto Regulation is 'Necessary' | CoinMarketCapEx-DeFi developer Andre Cronje says he believes crypto regulation is necessary 👀 In a blog post, he attacked the greed in crypto and said many projects are built by people who read Wikipedia articles on complex things and think they can do them better 😱
Leer más »
First Mover Americas: Bitcoin's Exchange Balance Hits 3.5-Year Lowbitcoin's exchange balance keeps falling, but so does the price. What gives? godbole17 reports in this morning's First Mover Americas.
Leer más »
What Is Yield Farming in Decentralized Finance (DeFi)? | Binance AcademyYield farming is a new trend in Decentralized Finance (DeFi) that lets crypto investors put their crypto assets to work and earn high returns.
Leer más »
Nexo offers payment card allowing users to retain their cryptoCrypto lender Nexo said it is working with Mastercard and electronic money firm DiPocket on the project.
Leer más »
Ukraine minister Fedorov tweets thanks for crypto donations on EasterJust days after the Russian invasion began, the Ukrainian government authorized Aid for Ukraine.
Leer más »
Protect Your Crypto Wallets With InfoSec - The Three-Tier Wallet System and Crypto-Hygiene | HackerNoonSecuring your wallets is essential when protecting digital assets against cyberattacks. Let me share how to use cybersecurity skills to boost crypto-security!
Leer más »