UK fintech Ipagoo has followed others into FCA administration

Ipagoo has gone into administration, according to the Financial Times. The fintech offered users multicurrency accounts with an accompanying debit card, and aimed its services at consumers who make international transfers or travel throughout Europe. It was also the first nonbank to access CHAPS, the clearing house automated payment system that settled around £330 billion ($401 […]

FCA acts to improve competition in the investment platforms market

‘While the market is working well for most of its consumers, the package we’ve announced today should make it less expensive and time-consuming for investors to shop around and move to the platform that best meets their needs. As part of that, we believe it is right that we restrict exit fees, so people can […]

E14: UK Issues Cryptoasset Taskforce’s final report

    UK Issues Cryptoasset Taskforce’s final report Summary of the cryptoassets task force final report by UK’s HM Treasury, the regulator (FCA) and the Bank of England (BoE) sets the stage for regulation of cryptocurrencies, exchanges and wallets in 2019.   To be Subscribe