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The vast majority of UK consumers are still largely clueless about cryptocurrencies, and only a few of those who have invested in these have actually completed “deep research” before purchasing, according to a new consumer research produced by Kantar TNS and released earlier this week by the Financial Conduct Authority (FCA),...
The UK’s Financial Conduct Authority (FCA) has unveiled the 29 companies composing the fourth cohort of its regulatory sandbox. More than 40% of them will be testing blockchain or distributed ledger technology (DLT) solutions, the financial regulator said on Tuesday. Six are using DLT to automate the issuance of debt...
BitX, a bitcoin startup headquartered in Singapore that offers consumer wallets, exchanges services and APIs to businesses, has been accepted into the UK's Financial Conduct Authority (FCA) regulatory sandbox. BitX will be testing its remittance solution on the blockchain. The news marks the startup's entry into the UK and...
The Financial Conduct Authority (FCA), the UK's financial services regulator, has announced that blockchain startup Epiphyte will be providing financial institutions in the UK with an alternative clearing and settlement system that uses Bitcoin. Epiphyte, a London-based startup, specializes in using blockchain technology to provide instant settlement of transactions. The...