| Mobile Web

Search results for Wholesale

Crypto

UK FCA finalises crypto authorisation guidance; applications open Sept. 30

Britain\'s Financial Conduct Authority has issued final guidance on which cryptoasset businesses will require authorisation under a new digital asset regulatory framework. Applications will open on Sept. 30, and existing registered firms must reassess their status because registrations and permissions will not automatically carry over. Firms seeking transitional arrangements must apply by Feb. 28, 2027. The new regime is scheduled to take effect on Oct. 25, 2027.

Crypto

UK FCA to overhaul rules for tokenised gold

Britain\'s Financial Conduct Authority is reviewing whether to avoid applying existing fund rules to tokenised gold and instead create a separate regulatory framework. The FCA has started gathering industry views on whether tokenised gold can improve efficiency in trading, transfer, collateralisation and custody, and highlighted uncertainty over whether it falls under collective investment scheme or alternative investment fund rules. It may issue guidance or establish a dedicated regime, but no final decision has been made.

Finance

NHN KCP introduces card payments for auction fees at agricultural wholesale markets

NHN KCP has introduced card payments for auction fees at agricultural wholesale markets, which had mainly relied on cash and bank transfers. Middlemen can pay by card and secure up to 30 days to manage funds, while wholesale market operators can receive payment two business days after card settlement. The firm linked card payment infrastructure to the NDPAY solution developed with Enboost and using Shinhan Card’s dedicated card.