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FCA
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- 1
The UK has placed the crypto industry under full oversight of the Financial Conduct Authority for the first time, marking a major shift in how digital asset firms are regulated in Britain. Companies operating in the sector will now face the same supervisory framework as traditional financial institutions. The move is being closely watched by crypto businesses and investors assessing what stricter UK rules will mean for the market.
- 2Crypto exchange Ourbit promotes 50% lifetime affiliate payouts●Ourbit affiliate program, read at the source on 1 October: 50% of referred trading fees, lifetime, settled daily at 10:0
Crypto exchange Ourbit is promoting an affiliate program offering 50% of referred users' trading fees for life, paid daily at 10:00 UTC+8, with no KYC required to join. The payout applies only to the 0.04% futures taker fee, as spot trading carries no fee. The company behind the exchange is reported to carry an FCA warning dating to May.
- 3FCA Wheaton Park program offers kids free year-round sports●FCA Wheaton Park Outreach program gives kids free year-round sports
The Fellowship of Christian Athletes runs a Wheaton Park Outreach program that gives children free sports opportunities year-round. The initiative, covered by The Herald-Mail, aims to keep local kids active and engaged through organized athletic activities at no cost to families.
- 4Eleventh Circuit Overturns Ruling on False Claims Act Qui Tam Suits▼FEATURE COMMENT: The Eleventh Circuit Overturns the Zafirov Decision on FCA Qui Tam Constitutionality
The Eleventh Circuit has overturned the Zafirov decision, which had questioned the constitutionality of False Claims Act qui tam lawsuits brought by private relators. The ruling restores the established framework allowing whistleblowers to pursue fraud claims on behalf of the government, easing uncertainty for plaintiffs, defense counsel and federal enforcement efforts in the Southeast.
- 5
A question is being raised in financial circles about whether the UK's Financial Conduct Authority applies proportionate oversight to a hedge fund managing £400 million, given that regulatory thresholds designed for smaller firms could place it in a lighter-touch category. The debate touches on how the regulator calibrates supervision by firm size and risk.
- 6Doctor runs his own trial, headline claims●“A doctor running his own trial — scalpel in the briefcase, not in the courtroom.” # News # Technology # TerminalTribune
A headline circulating on TerminalTribune claims a doctor is running his own trial, with a scalpel in his briefcase rather than in a courtroom. The phrase suggests a legal or medical case where a physician is personally involved in proceedings, but the available information offers no details on who the doctor is, where this is happening, or what the trial concerns.