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A research paper from the FCA
Online cryptocurrency trading company falsely claiming support from high-profile entrepreneurs has been wound-up after losing £1.5 million of clients’ funds.
Micasa, along with associated company Remultex, both shut down after accounts failed to explain large payments, and misuse of Bounce Back Loans.
Company named as part of the Praetorian Group International Trading Inc, which has been shut down by US authorities.
The plans will provide clarity to consumers and businesses.
The government has today announced moves that will see stablecoins recognised as a valid form of payment as part of wider plans to make Britain a global hub for cryptoasset technology and investment.
The Charity Commission has launched an inquiry into Effective Ventures Foundation.
A joint statement from OFSI, the FCA and the Bank of England on sanctions and the cryptoasset sector, with information on the requirements on firms.
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