UK watchdog says applying lessons from FTX crypto collapse will be 'pacy'

2 minute readDecember 7, 20226:38 PM GMTLast Updated a month ago
UK watchdog says applying lessons from FTX crypto collapse will be 'pacy'
By Huw Jones
LONDON, Dec 7 (Reuters) - Lessons will be applied swiftly from the collapse of crypto exchange FTX that left 80,000 UK investors nursing losses even though the platform was not registered in Britain, the UK Financial Conduct Authority said on Wednesday.
https://www.reuters.com/technology/uk-watchdog-says-applying-lessons-ftx-crypto-collapse-will-be-pacy-2022-12-07/#:~:text=LONDON%2C%20Dec%207%20(Reuters),Conduct%20Authority%20said%20on%20Wednesday.

FTX collapse leaves 80,000 UK crypto traders out of pocket
Britons make up 8pc of crypto exchange's users, bankruptcy hearings reveal
https://www.telegraph.co.uk/business/2022/11/22/ftx-collapse-leaves-80000-uk-crypto-traders-pocket/

UK Banks are blocking payments to and from crypto exchanges after FTX collapse
Abm November 23, 2022
https://www.share-talk.com/uk-banks-are-blocking-payments-to-and-from-crypto-exchanges-after-ftx-collapse/

UK Lawmakers Don’t Buy Binance’s Evidence on FTX Collapse
The UK’s Parliamentary Treasury Committee asked Binance for internal correspondence. It received a load of news articles instead.
Mat Di Salvo
By Mat Di Salvo
https://decrypt.co/114966/uk-lawmakers-binance-ftx-collapse


Crypto Industry Participants Field Questions from UK Lawmakers After FTX Collapse
In an evidence inquiry session on crypto held by the Treasury Committee, the group addressed negative questions, with some calling for more regulatory clarity.
By Camomile Shumba
https://www.coindesk.com/policy/2022/11/14/crypto-industry-participants-field-questions-from-uk-lawmakers-after-ftx-collapse/

Where next for cryptocurrency after FTX collapse?
https://www.birmingham.ac.uk/news/2022/where-next-for-cryptocurrency-after-ftx-collapse


FTX: An Overview of the Exchange and Its Collapse
By TIMOTHY SMITH Updated January 05, 2023
Reviewed by CIERRA MURRY
https://www.investopedia.com/ftx-exchange-5200842