James Burnie

Partner in Financial Services Regulation & FinTech. Crypto/blockchain innovator. Award-winning advisor. Cambridge & LSE alum. Navigating EU/UK regulations.

[BBC News (UK) @BBCNews]

Thousands left without electricity after power cuts https://t.co/OWJpuYqYQB

[James Burnie @_JamesBurnie]

@Cointelegraph Mining Bitcoin in the back of a Cybertruck sounds like a great idea… until the pedal falls off halfway through. 😅 Watch out for those technical glitches, but hey, maybe with enough updates, it could work!

[Cointelegraph @Cointelegraph]

🚨 INSIGHT: A tutorial on how to mine Bitcoin in the back of a Cybertruck.

[Cointelegraph @Cointelegraph]

🚨 BULLISH: BlackRock just bought 17,261 ETH worth $56.65M.

[James Burnie @_JamesBurnie]

https://t.co/7Wqb15D1i0

Kraken’s decision to delist USDT in Europe is a clear sign of the tightening regulatory landscape under MiCA. Businesses operating in crypto must adapt quickly, ensuring compliance while maintaining innovation. Will this push more liquidity outside the EU, or lead to stronger, MiCA-compliant alternatives? #CryptoRegulation #MiCA

[Report Fraud @reportfrauduk]

💸 Watch out for #cryptocurrency scams. Follow these tips to protect yourself:

✅Don’t rush into making a decision.
✅ Seek advice first.
✅Check @theFCA Warning List💸 Watch out for #cryptocurrency scams. Follow these tips to protect yourself:

✅Don’t rush into making a decision.
✅ Seek advice first.
✅Check @theFCA Warning List.

[James Burnie @_JamesBurnie]

@Hamaaadite @pengztracted @AbstractChain gn

[James Burnie @_JamesBurnie]

@_Crypto__Space_ GN

[James Burnie @_JamesBurnie]

@Nafwyd GN

[James Burnie @_JamesBurnie]

@troy_mille GN

[James Burnie @_JamesBurnie]

@maevenNsolitude GN

[James Burnie @_JamesBurnie]

@RyansCryptoNews GN

[James Burnie @_JamesBurnie]

@msjojos My new post 🚀🚀🚀https://t.co/yFpI7CHKMr

[James Burnie @_JamesBurnie]

‼️ Key takeaways for crypto of FCA response to supporting growth (TLDR, good things happening):‼️

➡️ Improvements to authorisation process, including (i) providing a dedicated case officer to every firm in the FCA regulatory sandbox (ii) 50% more dedicated supervisors (iii) extending pre-application support to all crypto firms (iv) indicate more frequently that the FCA is ‘minded to approve’ promising start-ups to help them secure funding (v) working with Treasury to create a legislative framework that enable relevant firms to conduct limited regulated activities with streamlined conditions, particularly for start-ups that may find it hard to meet all the threshold conditions. 
➡️ FCA will progress a digital securities sandbox and a roadmap for digital assets starting in asset management.  
➡️ FCA will avoid additional regulations for AI by relying on existing frameworks. 
➡️ FCA will remove the need for a Consumer Duty Board Champion and ensure future consultations on consumer protection ask if the Consumer Duty is sufficient rather than new rules (becomes relevant as the Consumer Duty will likely start to apply to crypto regimes as the regulatory frameworks are developed and implemented in the next year or so).

Result: Clear movement towards a framework that should benefit crypto and blockchain companies by balancing regulatory protections against the need for innovation. Exciting times ahead! 🚀🚀 🚀
#Regulation

[James Burnie @_JamesBurnie]

@msjojos Hey guys my new post about UK regulation
https://t.co/yFpI7CHKMr

[James Burnie @_JamesBurnie]

‼️ Key takeaways for crypto of FCA response to supporting growth (TLDR, good things happening):‼️

➡️ Improvements to authorisation process, including (i) providing a dedicated case officer to every firm in the FCA regulatory sandbox (ii) 50% more dedicated supervisors (iii) extending pre-application support to all crypto firms (iv) indicate more frequently that the FCA is ‘minded to approve’ promising start-ups to help them secure funding (v) working with Treasury to create a legislative framework that enable relevant firms to conduct limited regulated activities with streamlined conditions, particularly for start-ups that may find it hard to meet all the threshold conditions. 
➡️ FCA will progress a digital securities sandbox and a roadmap for digital assets starting in asset management.  
➡️ FCA will avoid additional regulations for AI by relying on existing frameworks. 
➡️ FCA will remove the need for a Consumer Duty Board Champion and ensure future consultations on consumer protection ask if the Consumer Duty is sufficient rather than new rules (becomes relevant as the Consumer Duty will likely start to apply to crypto regimes as the regulatory frameworks are developed and implemented in the next year or so).

Result: Clear movement towards a framework that should benefit crypto and blockchain companies by balancing regulatory protections against the need for innovation. Exciting times ahead! 🚀🚀 🚀
#Regulation

[Report Fraud @reportfrauduk]

💸 Beware of the cryptocurrency scams. With AI technology constantly evolving, crypto scams like celebrity endorsements videos and fake exchange sites can be hard to spot. Follow these tips👇
✅Don’t rush into making a decision.
✅ Seek advice first.
✅Check @theFCA Warning List💸 Beware of the cryptocurrency scams. With AI technology constantly evolving, crypto scams like celebrity endorsements videos and fake exchange sites can be hard to spot. Follow these tips👇
✅Don’t rush into making a decision.
✅ Seek advice first.
✅Check @theFCA Warning List.

[James Burnie @_JamesBurnie]

‼️ Key takeaways for crypto of FCA response to supporting growth (TLDR, good things happening):‼️

➡️ Improvements to authorisation process, including (i) providing a dedicated case officer to every firm in the FCA regulatory sandbox (ii) 50% more dedicated supervisors (iii) extending pre-application support to all crypto firms (iv) indicate more frequently that the FCA is ‘minded to approve’ promising start-ups to help them secure funding (v) working with Treasury to create a legislative framework that enable relevant firms to conduct limited regulated activities with streamlined conditions, particularly for start-ups that may find it hard to meet all the threshold conditions. 
➡️ FCA will progress a digital securities sandbox and a roadmap for digital assets starting in asset management.  
➡️ FCA will avoid additional regulations for AI by relying on existing frameworks. 
➡️ FCA will remove the need for a Consumer Duty Board Champion and ensure future consultations on consumer protection ask if the Consumer Duty is sufficient rather than new rules (becomes relevant as the Consumer Duty will likely start to apply to crypto regimes as the regulatory frameworks are developed and implemented in the next year or so).

Result: Clear movement towards a framework that should benefit crypto and blockchain companies by balancing regulatory protections against the need for innovation. Exciting times ahead! 🚀🚀 🚀
#Regulation

[James Burnie @_JamesBurnie]

@msjojos

[James Burnie @_JamesBurnie]

@msjojos

[James Burnie @_JamesBurnie]

@msjojos Hey

[James Burnie @_JamesBurnie]

@GenuineDegen GM https://t.co/HYxbjmSYch

[James Burnie @_JamesBurnie]

Navigating Crypto Regulation: Insights from Laurynas Spangevicius and James Burnie

Listen to the podcast on Spotify: https://t.co/qBiMNtX1e2

I’m James Burnie, and in this exciting episode of Crypto Cast, I’m joined by Laurynas Spangevicius, General Manager of Robinhood Crypto Europe. Together, we dive into the global regulation of the crypto market, exploring the challenges and nuances of navigating regulatory landscapes across the US, UK, and EU. We also discuss the EU’s groundbreaking Markets in Crypto-Assets Regulation (MiCA), unpacking its implications for crypto-asset trading, transparency, disclosure, and transaction supervision.