FCA legal action against HTX for illegal cryptocurrency advertisements targeting UK users.
Blockchain News

FCA Cracks Down: Legal Battle Against HTX Over Illegal UK Crypto Ads Intensifies

London, UK – April 2025: The UK’s Financial Conduct Authority (FCA) has escalated its regulatory enforcement by launching formal legal proceedings against the global cryptocurrency exchange HTX. The core allegation centers on the platform’s promotion of unregistered crypto asset services to UK consumers through illegal advertisements. This decisive move signals a significant hardening of the […]

UK banks block crypto transfers causing transaction failures for regulated exchanges, impacting digital asset market growth.
Blockchain News

UK Banks Block Crypto Transfers: New Report Reveals Staggering 40% Transaction Failure Rate

London, United Kingdom – March 2025: A comprehensive industry report has revealed a systematic pattern where UK banks block crypto transfers to regulated exchanges, creating significant friction for millions of users. The findings indicate that approximately 40% of attempted transactions face blocks or delays, raising serious concerns about the UK’s ambition to become a global […]

Trading212 platform interface with FCA regulatory warning for crypto ETN license oversight.
Ethereum News

Trading212 Crypto ETNs: The Critical FCA License Oversight Every UK Investor Must Understand

London, United Kingdom: A significant regulatory development has emerged in the UK’s retail investment landscape. Major European online broker Trading212 reportedly offered cryptocurrency Exchange-Traded Notes (ETNs) to retail clients without securing the necessary license from the Financial Conduct Authority (FCA). This oversight, first reported by Cointelegraph, highlights the critical and evolving regulatory framework governing complex […]