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Coinbase subsidiary fined £3.5m for violating onboarding rules

A Coinbase subsidiary has been fined £3.5m by the UK financial watchdog for onboarding “high-risk” customers despite voluntary restrictions placed on it. CB Payments Limited...

Revolut banking licence: What’s next for the fintech giant?

British fintech Revolut, has secured a banking licence in its home country after a more than three-year wait. The London-based company was founded in 2015...

UK authorities arrest two individuals running illegal £1bn crypto business

The UK Financial Conduct Authorities (FCA), working with the Metropolitan Police Service, has conducted an operation to arrest two individuals, aged 38 and 44,...

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