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UK financial watchdog reminds crypto firms of October deadline for marketing compliance
Companies operating in the U.K. will have only “four routes to lawfully communicate cryptoasset promotions” in order to be in compliance with the FCA’s regime. дальше »
2023-7-5 18:26
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House of Lords conducts final review of financial services bill before returning to House of Commons
During a session in the House of Lords, lawmakers in the upper house of the United Kingdom Parliament voiced their support for the Financial Services and Markets Bill. дальше »
2023-6-20 20:00
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Binance withdraws registration in UK amid global crackdown
Binance limits its services in unfavorable jurisdictions as regulatory authorities worldwide tighten their scrutiny. Binance UK is canceling its registration with banking regulators. On June 7, Binance UK requested to cancel its registration from the Financial Conduct Authority (FCA). The… дальше »
2023-6-20 16:23
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Crypto Biz: Crypto outflows surge, a16z’s UK office, and the silent altcoins ban
A tight regulatory environment in the United States, coupled with soaring interest rates, is forcing crypto companies to rethink their business strategies. дальше »
2023-6-17 21:30
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UK grants Bitstamp official authorization to operate as cryptocurrency exchange
Bitstamp UK Limited and Interactive Brokers Limited have recently become the latest additions to the list of registered organizations in the UK. дальше »
2023-6-15 17:58
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Bitcoin holds strong as inflation causes chaos on UK markets
In an in-depth analysis by the CryptosRUs YouTube channel, recent developments in the global cryptocurrency markets are examined against the backdrop of rising inflation in the UK and US and significant crypto initiatives in China. In recent weeks, UK and… дальше »
2023-5-25 16:53
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UK sees over 40% surge in crypto-related fraud cases
The United Kingdom’s Action Fraud has revealed that cryptocurrency-linked fraud cases have increased in the past year, reaching 306 million pounds ($378 million). Authorities have proposed regulating the UK’s web3 space, like its gambling sector. Despite a significant increase in crypto… дальше »
2023-5-25 13:15
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UK panel proposes treating crypto trading as gambling
The Treasury Select Committee, a prominent cross-party group of U.K. lawmakers, has released a report suggesting that retail investing in unbacked cryptocurrencies, such as Bitcoin, should be regulated similarly to gambling. дальше »
2023-5-17 20:01
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UK citizen pleads guilty to cybercrime with over $794k in losses
UK citizen Joseph James O’Connor will spend many years behind bars after pleading guilty to orchestrating SIM swapping and other cyber attacks that defrauded victims of $794,000 in crypto. Joseph James O’Connor, a 23-year-old notorious cyber criminal who orchestrated the… дальше »
2023-5-10 15:10
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UK’s watchdog cracking down on illegal crypto ATM operators
Using its powers under money laundering regulations, the UK Financial Conduct Authority (FCA) has raided crypto ATMs suspected of being illegally operated across England дальше »
2023-5-6 22:39
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British MP Lisa Cameron calls for cryptocurrency regulation
According to British MP Lisa Cameron, she refrains from investing in cryptocurrency to maintain objectivity in legislation, but she still recognizes the need for ongoing regulation. дальше »
2023-5-2 21:07
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UK Treasury seeks input on taxing DeFi staking and lending: Finance Redefined
The UK Treasury is seeking input on taxing the DeFi space, and on provisions around staking and lending.
дальше »2023-4-29 23:20
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UK’s FCA is looking to collaborate with crypto entities
The FCA is reportedly interested in developing a regulatory framework for crypto in collaboration with crypto firms. However this move does not sit well with the US who claim its all being done wrong. дальше »
2023-4-26 16:48
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Crypto firms face resistance from UK banks
As of a recent Bloomberg report UK banks are making it hard for crypto firms. This comes as the US continues to enforce regulations on crypto firms as well. дальше »
2023-4-3 13:13
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UK government announces ‘robust’ crypto regulation as part of economic crime plan
The focus on crypto regulation was part of the U.K. government’s plan to fight economic crime, which also included addressing law enforcement's ability to seize and store assets. дальше »
2023-3-31 00:14
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UK government not going forward with NFT issuance
The government of the United Kingdom has dropped plans to issue a non-fungible token (NFT), which was first proposed in April 2022 and scheduled for issuance in June 2022. The United Kingdom’s Economic Secretary to the Treasury, Andrew Griffith, said… дальше »
2023-3-29 01:09
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CryptoUK calls on regulators to address de-banking of digital asset firms
The trade association said many banks in the U.K. had begun imposing blanket bans on dealing with crypto firms “instead of taking a risk-based and case-by-case approach.” дальше »
2023-3-22 20:30
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Silicon Valley Bank collapse: Everything that’s happened until now
Events surrounding Silicon Valley Bank are moving fast. Here is a breakdown of the major developments over the last week.
дальше »2023-3-13 00:14
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Blockchain.com closes its asset management arm
Blockchain. com, a crypto services company, is suspending operations of its asset management subsidiary. The service had been operational for less than a year and appeared to be the latest casualty of the ongoing crypto winter. дальше »
2023-3-10 17:17
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Technical discussions take center stage at Advancing Bitcoin conference in London
Here’s a look back on the highly technical conference in London, where ordinals, silent payments and the Lightning Network were studied and discussed. дальше »
2023-3-7 16:39
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UK banks HSBC, Nationwide to ban crypto purchases with credit cards: Report
The banks join a growing list of financial institutions in the country tightening restrictions on digital assets.
дальше »2023-3-3 00:55
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HSBC, Nationwide Banks Crack Down On Bitcoin And Crypto Access
Two of the U.K.’s largest banks have imposed further restrictions on their customers’ ability to acquire cryptocurrencies. дальше »
2023-3-2 22:45
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Bank of England has no tech skills to issue CBDC yet: Deputy governor
BoE deputy governor Jon Cunliffe compared a potential digital pound with Apple’s iPhone app store as it could “open a new frontier for people to improve payments.” дальше »
2023-2-28 16:29
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HSBC restricts crypto purchases on FCA advice
HSBC does not allow crypto purchases using their cards starting Feb. 23 due to possible customer risk. The financial giant claims that the Financial Conduct Authority (FCA) has warned against investing in crypto assets, considering them high-risk and speculative investments.… дальше »
2023-2-28 12:45
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UK FCA warn crypto companies to comply with new ad regime or face imprisonment
The United Kingdom Financial Conduct Authority (FCA) warned crypto companies to comply with the country’s new financial promotions regime or face up to two years imprisonment, according to a February 6 statement. дальше »
2023-2-6 16:40
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Binance Lauds United Kingdom’s Proposals To Properly Regulate Cryptocurrencies
Binance, a top cryptocurrency exchange by trading volumes and client count, has praised the United Kingdom’s decision to consult as they look to establish a framework that will see cryptocurrencies better regulated, spurring adoption in the region. дальше »
2023-2-1 17:00
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86% of UK Crypto Firms Fall Short of Anti-Money Laundering Standards, FCA Reveals
On Friday, the UK Financial Conduct Authority (FCA) revealed that only 41 crypto firms had passed its regulatory approval scrutiny out of 300 applicants. дальше »2023-2-1 00:43
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City of London, British trade groups form new digital currency advocacy alliance
The UK capital’s governing body is partnering with the Digital Pound Association and other trade groups to promote good crypto policy and practice and the UK’s position as a global financial center. дальше »
2023-1-12 22:45
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United Kingdom Treasury To Consider Launching GBP Stablecoin
Alongside its interest in increasing crypto adoption in its region, the United Kingdom is now planning to launch its own stablecoin – a digital pound, according to Andrew Griffith, an economic secretary to the UK Treasury. дальше »
2023-1-12 19:30
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UK crypto crime cases up over 30 percent since 2021
crypto-linked frauds and scams has increased by over 30 percent in the United Kingdom since 2021. дальше »
2022-11-29 14:26
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UK Legislators Plan to Hold an Inquiry on NFT Regulation and Investment Risks
NFT regulation in the U.K. is “essentially non-existent,” according to the DCMS committee, and MPs intend to evaluate the assets before a review by the treasury department. Seeking Public Opinion on NFTs The UK’s Digital, Culture, Media and Sport Committee… дальше »
2022-11-5 02:00
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Santander UK Bank Puts Monthly Limit On Transactions To Crypto Exchanges
Santander UK has put a per transaction limit as well as a total monthly restriction on the amount that users can transfer to crypto exchanges. Santander UK Bank Says Investing In Crypto Can Be High Risk The United Kingdom branch of the banking giant Banco Santander yesterday posted a notification for its customers, where it […] дальше »
2022-11-5 22:00
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UK Prime Minister Rishi Sunak's win was a victory for crypto
Cryptocurrency fans have a lot to look forward to with the new prime minister, who has a track record of being highly positive about the industry. дальше »
2022-10-29 02:21
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UK inflation rate hits 10.1%, British Bitcoin community responds
The British Bitcoin community wades in on the latest inflation print, which once again hit the double digits in the United Kingdom. дальше »
2022-10-19 18:15
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Ethereum’s Merge Triggers Confusion Over Tax Status In The UK: Here’s How
Virtual currency regulation may take a new turn following Ethereum’s Merge event as more countries impose new tax regulations on users and exchanges. дальше »2022-9-30 00:30
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FCA green lights Revolut, making no UK crypto firms operating under temporary status
Revolut had been the last "holdout" out of the 12 companies originally granted FCA temporary registration to continue offering crypto services in March. дальше »
2022-9-28 20:00
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UK’s new bill aims to help law enforcement seize, freeze crypto
The United Kingdom has introduced a new bill that would make it easier for law enforcement agencies to freeze and seize crypto assets. The post UK’s new bill aims to help law enforcement seize, freeze crypto appeared first on CryptoSlate. дальше »
2022-9-23 23:36
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ePayments shutters as FCA Anti-Money Laundering regulations tighten
The electronic payment provider is permanently closing operations due to the inability to satisfactorily meet the standards of the FCA after suspending operations for three years. дальше »
2022-9-14 13:16
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Exit stage left: Eqonex to close crypto exchange after two years
The firm said it would also move its principal business and several people from management from Hong Kong to the United Kingdom.
дальше »2022-8-15 21:13
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Massive Shakeup Incoming For UK Crypto Investors As Regulator Seeks To Impose Limit On Crypto Holdings
Crypto enthusiasts in the UK are bracing themselves for sweeping legislation that could turn the tide for the industry. The Financial Conduct Authority (FCA) is leading the charge to protect the investors. дальше »
2022-8-6 19:48
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UK Financial Authority Tightens Its Noose Around Marketing Of High-Risk Assets — But Exempts Crypto
The UK's Financial Conduct Authority (FCA) has today introduced new stricter rules for marketing high-risk investments, in a bid to address concerns that a multitude of people don’t really understand the risks that come with such products. дальше »
2022-8-1 19:51
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FCA cracks down on the ads of high-risk assets, but not crypto
British financial watchdog will tighten the guidelines for promoting high-risk products to individual investors.
дальше »2022-8-1 16:28
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The rise of fake cryptocurrency apps and how to avoid them
Scammers are using fake crypto apps to steal funds from investors. Some malicious apps find their way into official app stores. дальше »
2022-8-1 16:24
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UK Filed Over 34,000 Crypto Scam Reports In Last 6 Years
Along with the rise in popularity of cryptocurrency trading worldwide, there has been a significant increase in the number of crypto scams or frauds. In the UK alone, there have been 34,305 allegations of criminal behavior involving cryptocurrencies since 2016. дальше »
2022-7-16 23:00
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FCA will ‘absolutely’ consider recent stablecoin depegging when drafting crypto rules: Report
The United Kingdom’s Economic and Finance Ministry announced in April that it would work to incorporate stablecoins into a regulatory framework on digital assets. дальше »
2022-5-22 00:15
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FCA will 'absolutely' consider recent stablecoin depegging when drafting crypto rules: Report
The United Kingdom's Economic and Finance Ministry announced in April that it would work to incorporate stablecoins into a regulatory framework on digital assets. дальше »
2022-5-21 00:15
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Number of UK crypto firms operating under FCA temporary registration status drops
The Financial Conduct Authority named CEX.IO, Revolut, Copper, Globalblock and Moneybrain as companies in the crypto space temporarily allowed to operate in the United Kingdom. дальше »
2022-4-9 22:36
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UK financial watchdog extends registration deadline for some crypto firms
As of March 25, there are 12 firms permitted to “carry out crypto asset activities” under FCA temporary registration status, including CEX.IO, Revolut and Copper. дальше »
2022-3-31 19:00
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Crypto firms face critical deadline in the UK
Crypto firms in the United Kingdom could be forced to cease operation by next week as the deadline for registration with a foremost financial regulator in the country looms. The post Crypto firms face critical deadline in the UK appeared first on CryptoSlate. дальше »
2022-3-25 09:00
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Tokens pose lesser risk than gold and oil for UK investors — Survey
Out of the 2,000 responders, 24% revealed interest in investments in tokens or NFTs in 2022, which highlights a “critical tipping point” for token adoption. дальше »
2022-3-22 15:20
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