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British law agency gains enhanced crypto seizure powers
The UK government has enacted enhanced powers for the National Crime Agency and police to seize and freeze crypto used by criminals. The British National Crime Agency (NCA) will no longer be required to make an arrest before seizing crypto… дальше »
2024-4-26 12:40
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What is Britcoin?
A digital pound has been touted as a cheaper, faster, and more modern way of making payments — but not everyone’s in love with the idea. The U.K. recently doubled down on its pledge to become a “global hub” for… дальше »
2024-4-25 14:22
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UK wants to be a ‘global hub’ for crypto, but will it happen?
Britain’s last attempt, which included plans to create an NFT, ended in tears. Two years on, and there’s another big challenge on the horizon. The U.K. government has announced it’s taking another swing at fulfilling its ambition of transforming Britain… дальше »
2024-4-17 12:44
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Barclays, HSBC and Citi collaborate to pilot tokenized deposits in UK
Barclays, HSBC, and Citi, among other U.K. financial institutions, are embarking on a joint venture to pilot tokenized deposits. A group of British banks, including Barclays and Citigroup, is working on a new pilot of tokenized deposits aimed at enhancing… дальше »
2024-4-16 13:49
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Treat crypto like gambling: Tips for compliant promotions in the UK | Opinion
Sticking to the new rules of the UK’s FCA crypto advertisement is necessary to avoid losing money and successfully operate in the British defi market. дальше »
2024-3-24 14:35
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Kraken exec advocates for Bitcoin ETF in the UK
Kraken exec Bivu Das spoke at the Digital Asset Summit in London about how Bitcoin ETFs are restricted in the UK. дальше »
2024-3-24 22:33
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UK Treasury proposes regulatory overhaul for crypto assets and money laundering
The United Kingdom Treasury has released a consultation paper detailing proposed changes to money laundering regulations, with significant implications for the regulation of crypto assets. These amendments are motivated by the outcomes of a comprehensive review of the Money Laundering,… дальше »
2024-3-14 16:48
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London Stock Exchange to open applications for Bitcoin, Ethereum ETN admission
The main stock exchange in the United Kingdom is set to start accepting applications for crypto-tied exchange-traded notes. The London Stock Exchange (LSE) revealed in a press release on on Mar. 11 that it will start accepting applications for the… дальше »
2024-3-11 12:56
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Crypto custodian Copper reportedly transferred over $4m to entity allegedly tied to Russian arms-dealing network
A Guardian and International Consortium of Investigative Journalists investigation reveals a link between Copper and Jonatan Zimenkov, a Russian national sanctioned by the U.S. A recent investigation co-done by the International Consortium of Investigative Journalists (ICIJ) and the Guardian reveals… дальше »
2024-3-11 11:13
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UK initiates consultation on OECD crypto reporting standards ahead of 2026 implementation
The United Kingdom has initiated a consultation regarding its plans to integrate the Organization for Economic Co-operation and Development’s (OECD) cryptocurrency reporting standards into its legal and fiscal framework, a development that followed closely on the heels of the country’s… дальше »
2024-3-7 10:04
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Arkham discovers UK government wallet with $4.1b in BTC
Experts from the analytical platform Arkham Intelligence have discovered an address associated with the UK government. According to data from March 4, 61,245 Bitcoins (BTC) are held at the UK government address, approximately $4.1 billion at the time of writing.… дальше »
2024-3-5 12:55
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UK bolsters crypto law enforcement efforts with new bill passage
U.K. law enforcement agencies will gain the authority to freeze cryptocurrency assets involved in criminal activities without requiring a conviction. дальше »
2024-3-4 05:15
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UK Is Pushing Hard To Have Stablecoin And Staking Rules Ready Within Next Six Months: Report
The United Kingdom government hopes to bring new legislation regulating stablecoins and cryptocurrency staking services within six months. дальше »2024-2-21 23:16
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UK authorities set deadline to introduce laws on stablecoins and staking
The UK authorities may introduce laws on staking and stablecoins within six months. In a Bloomberg article from Feb. 20, officials in the UK appear hellbent on introducing laws to regulate stablecoins and staking. According to Economic Secretary to the… дальше »
2024-2-21 10:06
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New UK Rules Cause Consternation for Bitcoiners
“Positive frictions” placed by regulators on British Bitcoin users have caused widespread backlash. Government’s overall vision supports friendlier legislation. дальше »
2024-2-16 19:45
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Kraken started requiring users from the UK to verify their self-custodial crypto wallets
Crypto exchange Kraken now requires U. K. users to verify self-custodial wallets or validate wallet identities, referring to local regulations. According to an X post published by James Van Straten, analyst at CryptoSlate, the U. дальше »
2024-2-14 12:45
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Crypto.com secures e-money license from UK regulator
Major crypto exchange Crypto. com has announced it has been authorized as an Electronic Money Institution (EMI) by the UK’s Financial Conduct Authority (FCA). The EMI license will enable Crypto. дальше »
2023-12-4 13:27
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Former British Chancellor’s crypto firm Copper launches tokenized securities platform
Copper plans to use its arm in the United Arab Emirates, Copper Securities, to capitalize on the demand of institutional investors. дальше »
2023-11-30 22:15
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UK treasury secretary unveils new law to strengthen digital asset industry
The UK government has announced the implementation of the Digital Securities Sandbox, a significant initiative aimed at integrating digital assets into the nation's financial market infrastructure. дальше »
2023-11-23 10:35
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Lloyds Bank issues urgent warning of crypto scams in the UK
A recent press release issued by Britain's Lloyds Bank shares that crypto scams that have surged 23% over the course of the year. дальше »
2023-11-10 18:01
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Kraken helps UK police in recovering $2m in stolen crypto
Crypto exchange Kraken teamed up with SEROCU in “Operation Hyphen” to successfully retrieve and return over $2 million in cryptocurrency stolen in a major scam. The South East Regional Organised Crime Unit (SEROCU), with the help of the cryptocurrency exchange… дальше »
2023-11-10 15:33
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Is the UK ready to embrace the new dawn of crypto regulations?
The UK's aggressive stance on crypto could redefine the UK's crypto market, but will innovation pay the price? дальше »
2023-11-9 17:58
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Robinhood targets EU for crypto trading growth amid shortfall in Q3 revenue
Robinhood, the fintech firm known for its trading app, has announced plans to launch its cryptocurrency trading services in the European Union and initiate brokerage operations in the UK following a mixed third-quarter financial performance. дальше »
2023-11-9 00:54
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UK stablecoin regulation begins to take shape in multiple FCA, BOE documents
It’s not expected to come into force until 2025, but new publications from the FCA and BOE shed light on regulators’ thinking.
дальше »2023-11-7 23:10
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DeepMind co-founder chides Elon over UK AI summit comments: ‘He’s not an AI scientist’
World-renowned AI scientist Mustafa Suleyman appears to disagree with Elon Musk’s assessment of the threats and benefits AI technologies could pose in the future. дальше »
2023-11-4 19:34
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UK regulator to expand crypto crimes investigation unit
The UK’s National Crime Agency (NCA) is forming a special team to investigate crypto crimes to prevent virtual asset fraud. According to a vacancy posted by the NCA, the agency is looking for six people to create a new team… дальше »
2023-11-2 16:15
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HSBC uses blockchain to revamp outdated London gold market infrastructure
HSBC leverages blockchain technology to digitize gold assets, aiming to modernize the traditional London gold market. дальше »
2023-11-2 21:51
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Bitfinex gets warning for violating UK laws
The UK Financial Conduct Authority has issued an official warning to the crypto exchange Bitfinex. The warning concerns the unauthorized promotion of financial services and products without proper regulatory approval. дальше »
2023-11-1 14:25
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SBF claims innocence, contradicts other witnesses: Law Decoded
Sam Bankman-Fried was the final witness to take the stand after more than three weeks of testimonies in court.
дальше »2023-10-31 23:00
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UK’s FCA to authorize overseas stablecoin providers
The UK government has rolled out proposals on how to regulate fiat-backed stablecoins. Crypto companies that want to offer services with overseas stablecoins like Tether (USDT) in the UK must get permission from the Financial Conduct Authority (FCA). According to… дальше »
2023-10-30 15:59
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UK publishes plans for stablecoins regulation
Non-fiat-backed stablecoins will not be allowed into regulated payment chains.
дальше »2023-10-31 14:57
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Audits and rug-pulled projects, a $650B token burn, and major DeFi protocol quits UK: Finance Redefined
Uniswap’s founder burned $650 billion of HayCoin, amounting to 99% of the token’s supply.
дальше »2023-10-27 22:20
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Consultation on digital pound attracts more than 50,000 responses, privacy is key concern
The Bank of England’s consultation on the digital pound has sparked widespread public debate, underscoring critical concerns about privacy, cash usage, and the currency’s future trajectory. дальше »
2023-10-28 20:19
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UK legislation on confiscating illegal crypto assets officially receives Royal Assent
The UK has advanced its crypto regulation with the Economic Crime and Corporate Transparency bill, intensifying crackdown on financial crimes while striving to maintain a crypto-friendly stance. The United Kingdom has made a significant stride in its battle against economic… дальше »
2023-10-27 22:11
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UK FCA takes action against rule-breaking crypto firms
The FCA issued a statement on Oct. 25, warning crypto firms that they still need to comply with the new rules on financial promotions for crypto assets. The FCA said it has identified 221 breaches of the rules by crypto… дальше »
2023-10-26 15:13
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Binance’s UK chief resigns amid regulatory pressure
Jonathan Farnell, the compliance officer of Binance in the UK, has left the company. In a comment to crypto.news, Binance’s spokesperson confirmed Farnell’s departure. “We’d like to thank Jonathan for his contributions and wish him all the best on his… дальше »
2023-10-24 14:26
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Marinade and Orca Finance ban UK user access amid FCA regulatory concerns
Solana DeFi platforms Marinade Finance and Orca Finance restrict access for UK users due to FCA regulatory guidelines. дальше »
2023-10-23 18:38
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New UK legal aid scheme omits crypto as liquid asset
UK citizens hoping to access legal aid through the proposed Help with Fees (HwF) scheme will not have cryptocurrency assets classified as disposable income. A new report from the UK Ministry of Justice includes commentary in response to a public… дальше »
2023-10-17 15:29
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Binance halts new user registration due to UK crypto marketing regulations
Binance suspends new UK user registrations in response to recent changes in the country's crypto marketing regulations set by the Financial Conduct Authority. дальше »
2023-10-17 21:24
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Exploring FCA’s new crypto promotion rules and their implications
With the FCA's new regulations, UK crypto firms face enhanced oversight, setting a potential global precedent for crypto marketing standards. Read how. дальше »
2023-10-12 22:07
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UK parliament calls for NFT copyright protection rights
A cross-party committee of the UK Parliament has called on the government to protect the rights of artists and consumers in the NFT market. The committee members also raised concerns about fan tokens in sports, which are a type of… дальше »
2023-10-11 13:38
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OKX reacts to new UK crypto regulations, reduces listed tokens
In an Oct. 8 update on its website, OKX stated that it had tailored a compliant user experience in line with the FCA’s new crypto promotion rules. дальше »
2023-10-8 18:52
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UK authorities propose swift action against crypto rule violators
Lucy Castledine, the FCA’s director of consumer investments, said violations will be tracked on an hourly basis. дальше »
2023-10-7 19:24
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JPMorgan’s UK Subsidiary Chase Bans Crypto Payments Following Surge In Fraud And Scams
Banking juggernaut JPMorgan confirmed that its retail arm, Chase, will block all crypto-related payments for its customers in the United Kingdom. дальше »2023-9-28 23:55
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Chase UK blocks crypto payments for customers, citing fraud and scam rise
Chase U.K. will block all crypto payments over fraud and scam allegations. дальше »
2023-9-27 21:28
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Princess Diana’s law firm to file a lawsuit against OneCoin
The British law firm that represented Diana, Princess of Wales, is now going after OneCoin masterminds. дальше »
2023-9-25 15:50
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Major Crypto Exchange Bybit Suspends Services In The UK As New FCA Crypto Rules Bite
Crypto exchange Bybit has announced that it will suspend its operations in the UK ahead of new crypto marketing rules set to be implemented by the country’s top financial regulator, the Financial Conduct Authority (FCA), next month. дальше »
2023-9-23 00:36
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UK passes online safety bill that stirred encryption concerns
U. K. ’s Online Safety Bill passed its last parliamentary reading on Sept. 19 and is ready to become law, according to a Sept. 20 statement. The bill is designed to protect children from harmful and illegal internet content. дальше »
2023-9-20 16:00
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Investor who lost 8k Bitcoins in dump sues local council
An investor lost over 8,000 BTC after his hard drive was scrapped. Now, he will sue the UK council because he was not allowed to dig it up. According to The Telegraph, former engineer James Howells lost 8,000 Bitcoins (BTC)… дальше »
2023-9-11 14:42
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The UK releases key ambitions for global AI summit
The officials in the U.K. released their priorities for the upcoming global AI summit, during which they plan to focus on risk and policy. дальше »
2023-9-5 16:36
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