FCA fines Citi £12.5m for trading oversight failings
The UK's Financial Conduct Authority (FCA) has levied a £12.5m fine against Citigroup Global Markets over past failures to police its trading activity.
SEC investigates Coinbase over securities - Bloomberg
The US Securities and Exchange Commission (SEC) has launched an investigation into whether Coinbase let customers trade digital assets that should have been registered as securities, according to Bloomberg.
Apple faces US antitrust suit over Apple Pay
Apple is facing an antitrust class-action lawsuit in the US accusing it of illegally profiting from card issuers through policies that prevent competition to its Apple Pay wallet.
FSB stresses need for regulation of crypto-assets
Source: FSB
Against the backdrop of the recent turmoil in crypto-asset markets, the Financial Stability Board (FSB) made the following statement today on the international regulation and supervision of crypto-asset activities.
Bank of England to announce crypto regulation
The Bank of England’s Financial Policy Committee has called for widespread crypto regulation, reported Coindesk on Wednesday.
ECB to issue eurozone warning over crypto regulation – FT
The European Central Bank (ECB) is expected to issue a strong warning to eurozone countries around the pressing need to harmonise regulation across the crypto industry, the FT reports.
EU reaches agreement on landmark MiCA regulation for crypto
The Council Presidency and European Parliament have settled on the Markets in Crypto-Assets (MiCA) proposal; ruling that crypto-asset service providers will require authorisation to operate in the EU, not including NFTs or media-related digital assets.
Charles Schwab pays $187m to settle SEC robo-advisor charges
Subsidiaries of Charles Schwab have agreed to pay $187 million to settle SEC charges that they misled clients about fees for the broker's robo-advisor product.
