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The Financial Conduct Authority (FCA) has issued a reminder to firms offering cryptocurrencies or cryptocurrency-related assets of the importance of determining whether the services they are providing require authorisation by the FCA.
The High Court in London has recently heard a case involving a dispute between three siblings over their mother’s will, reports the Daily Mail.
Britain and Australia have signed an Enhanced Cooperation Agreement to extend their existing agreement of cooperation and coordination on FinTech innovation.
The practices of online gambling firms continue to come under scrutiny, with the Competition and Markets Authority (CMA) launching enforcement action against a number of online gambling firms in respect of practices that may place unfair obstacles in the way of people withdrawing their money (whether as part of a promotion or not).
The European Commission has stated its ambition for Europe to become a global hub for FinTech, with EU businesses and investors able to make the most of the advantages offered by the Single Market in this fast-moving sector.