FCA

The UK FCA says it is investigating PayPal, Mastercard, and Visa for alleged anti-competitive behavior; Visa says it is “regarding the PayPal digital wallet”

The UK FCA says it is investigating PayPal, Mastercard, and Visa for alleged anti-competitive behavior; Visa says it is “regarding the PayPal digital wallet”

Move is rare exercise of Financial Conduct Authority's competition law powers  —  PayPal, Mastercard and Visa are being investigated …

Palantir won a three-month, £30K+/week trial to access the UK FCA's intelligence data to tackle financial crime, a source says raising concerns inside the FCA

The UK FCA sues Justin Sun-linked crypto exchange HTX in London's High Court for alleged illegal promotion of “cryptoasset services” to UK consumers

Lucca De Paoli / Bloomberg :

The UK FCA fines Starling Bank £29M over its “shockingly lax” controls against financial crime, like potential money laundering and sanctions breaches

FCA said lender's efforts to identify potential money laundering ‘did not keep pace’ with its growth

The UK FCA says a man pleaded guilty to illegally operating a crypto ATM network, which processed £2.6M across various locations, as it cracks down on such ATMs

This marks the first U.K. conviction for running a crypto ATM operation.  — Olumide Osunkoya pleaded guilty to illegally operating a crypto ATM network.

The UK FCA fines Coinbase £3.5M for providing payment services to 13K+ “high-risk” customers, in the agency's first enforcement action against a crypto company

Financial Times :

The UK FCA fines Coinbase £3.5M for providing payment services to 13K+ “high-risk” customers, in the agency's first enforcement action against a crypto company

Penalty for exchange's payments unit is first enforcement action by FCA against a crypto company