Blog Updates From cointelegraph
- What are Bollinger Bands, and how to use them in crypto trading? September 23, 2023Bollinger Bands are volatility indicators utilizing price bands. Traders buy near the lower band and sell near the upper band.Cointelegraph By Dilip Kumar Patairya
- Coinbase holds 5% of all Bitcoin in existence: Data September 23, 2023While Coinbase holds $25 billion in BTC, the exchange only owns around $200 million of Bitcoin in its wallets.Cointelegraph By Ezra Reguerra
- Coinbase CEO warns against AI regulation, calls for decentralization September 23, 2023Coinbase CEO Brian Armstrong said decentralization and open-sourcing AI is a better alternative to regulating the space.Cointelegraph By Ezra Reguerra
- Bitcoin miners double down on efficiency and renewable energy at the World Digital Mining Summit September 23, 2023Bitmain rolled out its efficiency-focused Antminer S21 at the WDMS, and Bitcoin miners shared their plans for boosting productivity via green energy.Cointelegraph By Ray Salmond
- DeFi activity on the decline, but investment rolls in: Finance Redefined September 23, 2023The total value locked in DeFi plunged by nearly $5 billion in the past week, falling to $44 billion, according to DappRadar data.Cointelegraph By Prashant Jha
Blog Updates From FCA
- FCA calls on insurers to take action as it publishes latest fair value dataThe FCA has written to insurers warning that more action must be taken to ensure good consumer outcomes. In letters sent to all insurance firms, the regulator reminded them of its expectations to make sure they’re checking their products are providing fair value to their customers. The FCA also identified further evidence that some Guaranteed […]FCA
- FCA launches review of treatment of Politically Exposed PersonsThe FCA has today set out issues it will consider as part of a review of the treatment of domestic Politically Exposed Persons (PEPs) by financial services firms. The FCA’s review will look carefully at firms’ arrangements for dealing with PEPs based in the UK. While the FCA cannot change the law putting in place […]FCA
- FCA sets out expectations for UK cryptoasset businesses complying with the Travel RuleWe are setting out our expectations for cryptoasset businesses that need to comply with a change in money laundering legislation legislated by government in July 2022. From 1 September 2023, cryptoasset businesses in the UK will be required to collect, verify and share information about cryptoasset transfers, known as the ‘Travel Rule’. The Financial Action […]FCA
- Financial Services & Markets Act 2023 gives FCA new powers to protect access to cashFCA’s new powers are an important step towards maintaining reasonable provision of cash deposit and withdrawal services. Through the Financial Services & Markets Act 2023, Parliament has asked the FCA to seek to ensure reasonable provision of cash deposit and withdrawal services for personal and business current accounts in the UK or part of the […]FCA
- Verex Insurance Services Limited enters administrationOn 18 August 2023 Verex Insurance Services Limited entered administration. Gary Pettit of PBC Business Recovery and Insolvency Ltd was appointed as administrator. Verex Insurance Services Limited (Verex) is an insurance broker that sold motor insurance products from a range of insurers. The Directors of the company applied to place the firm in administration. One […]FCA