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The Financial Conduct Authority (FCA) gained oversight of crypto promotions with the approval of the Financial Services and Markets Act in June.

The amended Financial Services and Markets Bill enables the regulation of digital assets to support their safe adoption in the UK.

The U.K. Treasury Committee seemingly opposed the government’s proposal to recognize crypto as regulated financial activities.

Hong Kong is eager to become a crypto hub—and digital asset companies are sizing up the opportunities.

The Treasury, Federal Reserve, and FDIC jointly announced that depositors would be made whole.

The industry is keenly watching divergences from Brussels in areas like stablecoins, lending and bitcoin disclosures.

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