Quantcast

FCA warns about unauthorized financial and crypto services from Dragonfly Capital Fx

Cours gratuits de Binance en France : éducation ou marketing illégal ? - Coins.fr
Les utilisateurs du Coinbase Wallet peuvent désormais s’envoyer de l’argent via des liens WhatsApp, TikTok et Instagram
Le géant IBM dévoile une nouvelle technologie pour les cold wallets de cryptomonnaies
Bitcoin dépasse Tesla et Berkshire Hathaway pour se hisser dans le top 10 des actifs du monde entier
SEC's Absence at Binance Settlement Announcement Raises Questions
Binance Tops PYMNTS' Provider Ranking of Crypto Wallets
Are Binance and France the newest couple in Crypto Town?
L’ETF BTC de BlackRock engrange 100 000 dollars, sans être approuvé - Coins.fr
Riot passe la plus grosse commande de mineurs BTC de son histoire - Coins.fr
Les hackers français du protocole DeFi Platypus relaxés - Coins.fr
A quoi s’attendre pour 2024 ? Entretien avec l’EUCI, le plus gros lobby crypto européen
Crypto : une réunion qui pourrait tout changer est prévue la semaine prochaine
Binance’s Top Executive Team to ‘Remain Intact,’ New CEO Says
Le FSB souhaite s'assurer que les règles pour les bourses crypto sont suffisantes - Coins.fr
Selon le célèbre Arthur Hayes, le traitement réservé à CZ et Binance par les USA est absurde
Les plans du nouveau PDG de Binance après le départ de CZ
Guerre anti-crypto : Binance.US traqué par la SEC
Binance menacée de fermer ? Ce nouvel élément déterminera tout
Columbia Business School Professor on Binance settlement: Major financial firms have been caught doing worse 'yet suffered much milder consequences’
Binance investit dans Open Campus, un protocole éducatif web3 - Coins.fr
“Il m’a royalement ignorée” : Christine Lagarde raconte la mésaventure crypto de son fils
Waltio lève 1,8 million d'euros, notamment auprès du Crédit Agricole
Bitcoin ETF Optimism Spurs Largest Asset Inflows Since Late 2021
New Binance CEO shares vision for crypto’s future
Waltio lève 1,8M€ pour simplifier la fiscalité crypto - Coins.fr
Fraudes aux crypto-actifs : KPMG et Chainalysis s’allient - Coins.fr
Agrément PSAN : le scepticisme des acteurs traditionnels
Binance settles with US regulators, CEO steps down as part of deal
Après la condamnation de Binance, les filiales sous pression
Binance Founder Changpeng Zhao Agrees to Step Down, Plead Guilty
FCA warns about unauthorized financial and crypto services from Dragonfly Capital Fx
Web3/Crypto
Webp chambers
Therese Chambers, Joint executive director of enforcement and market oversight | FCA

The Financial Conduct Authority (FCA) has issued a warning regarding Dragonfly Capital Fx, which is reportedly offering financial and crypto-related services without proper authorization.

According to the FCA, Dragonfly Capital Fx may be providing or promoting financial services in the UK without the necessary authorization. The firm is not authorized and could potentially be targeting UK consumers. It lists contact addresses in St. Vincent and the Grenadines, South Africa, and Seychelles. Engaging with this firm means consumers will not have access to the Financial Ombudsman Service or protection under the Financial Services Compensation Scheme, thereby increasing the risk of financial loss.

UK businesses dealing with cryptoassets are required to register with the FCA under the Money Laundering Regulations if they intend to offer services that fall within those rules. This requirement applies even to firms already authorized for other financial services. Registration involves submitting an application through the FCA's Connect system, paying applicable fees, and providing detailed information about the business, its activities, and key individuals. All officers, managers, and beneficial owners must pass a "fit and proper" assessment. The FCA evaluates past convictions, regulatory compliance, and business conduct during this process. Misleading or incomplete applications may be rejected.

Get the Newsletter
Sign-up to receive weekly round up of news from Crypto Republique
By submitting, you agree to our Privacy Policy and Terms of Service. By providing your phone number you are opting in and consenting to receive recurring SMS/MMS messages, including automated texts, to that number from our short code. Msg & data rates may apply. Reply HELP for help, STOP to end. SMS opt-in will not be sold, rented, or shared.

In a related press release by the FCA, CB Payments Limited (CBPL), part of the Coinbase Group, was fined £3.5 million for allowing 13,416 high-risk customers to access crypto trading through other Coinbase entities despite restrictions. This resulted in $226 million in transactions. The FCA attributed this to inadequate controls that increased money laundering risks. This marks the first enforcement action under the Electronic Money Regulations 2011.

Learn Signal reports that the FCA was established on April 1, 2013, succeeding the Financial Services Authority (FSA) as part of a comprehensive reform of the UK's financial regulatory framework following the global financial crisis. Operating independently of the UK government, it is funded by fees charged to the financial services industry. Its primary objectives include protecting consumers, ensuring market integrity in UK finance markets, and promoting effective competition in consumer interests.

Organizations Included in this History
FCA
More News

Brad Garlinghouse, CEO of Ripple, said that the company enables global financial institutions to enhance cross-border payments and efficiency through digital technology.

Jul 9, 2025

Changpeng Zhao, founder of Binance, said that a move for Fannie Mae and Freddie Mac to count bitcoin as a mortgage asset signals a shift in the American Dream.

Jul 7, 2025

Binance has announced the launch of PIXEL APR Boost Airdrop Rewards for the 11th project on BNSOL Super Stake, in collaboration with Pixels (PIXEL), a web3 game on the Ronin Network.

Jul 7, 2025

Michael Saylor, executive chairman of Strategy (formerly MicroStrategy), said that public companies increased their bitcoin holdings more rapidly than exchange-traded funds (ETFs) in the second quarter.

Jul 5, 2025

CoinFlip, a global digital currency platform, has announced the launch of a new user interface for its CoinFlip Preferred service.

Jun 30, 2025

Gum Shoe, a crypto influencer, has highlighted the long wait times and high fees at Coinbase compared to better service at Binance as evidence of the need for increased competition among U.S. crypto exchanges.

Jun 23, 2025