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$10 trillion asset manager BlackRock has officially registered as a crypto asset firm in the UK, according to the Financial Conduct Authority. It joins a list that includes the likes of Coinbase, PayPal, and Revolut to register as such in the UK. This allows BlackRock to operate its new European Bitcoin exchange-traded product as a UK entity. JUST IN: BlackRock officially registers as a crypto asset firm in the UK. — Watcher.Guru (@WatcherGuru) April 1, 2025 “We have rejected submissions that didn’t include key components necessary for us to carry out an assessment, or the poor quality of key components meant the submission was invalid,” the FCA says on its website. Also Read: BRICS President Eyes Increased De-Dollarization as US Trade War Lingers BlackRock’s iShares Bitcoin ETP was listed on the Euronext stock markets in Paris and Amsterdam last week. It launched with a fee waiver of 10 basis points. This reduces its expense ratio to 0.15% until the end of the year. “It reflects...

The UK has banned memecoin platform Pump Fun after the country’s financial watchdog added it to its warning list. The Financial Conduct Authority (FCA) published the warning on December 3, saying, “[Pump Fun] may be providing or promoting financial services or products without our permission. You should avoid dealing with this firm and beware of scams.” Trying to access Pump Fun from the UK now brings up a notice that states, “In accordance with the laws and regulations of the United Kingdom, this site is currently unavailable to users in the United Kingdom.”  Users with coins deposited in the “privy wallet” are given a link to withdraw their coins .  The Pump Fun UK notice. Read more: Hacked X and Insta accounts used for Pump Fun rug pulls The FCA’s warning means that if you lose money to Pump Fun as a UK resident in any way that warrants a complaint, i.e through criminal means or the business collapsing, you will not be able to access the UK’...