The UK FCA has commissioned the Mills Review to assess how advanced AI is reshaping retail financial services, examining risks, governance and consumer protection as firms rapidly deploy new technologies.
Ripple has secured FCA approval to offer compliant payment services in the UK, marking a major regulatory milestone and bolstering its push to integrate blockchain solutions into mainstream finance.
Nigel Farage declares “I am your champion” for UK crypto, urging clearer rules and innovation-friendly oversight. As Reform UK opens to digital-asset donations, he pitches a pro-growth agenda amid rising fintech competition.
The former CEO of the FCA says he was subject to political pressure to soften oversight of cryptocurrencies, giving rise to concerns over political interference in financial regulation.
FCA has created a new travel rule which allows passengers to buy tickets with crypto. This has been met with both praise and criticism, as some see the ruling as a step forward for cryptocurrency, whilst others view it as a risky gamble.