United Kingdom News
Latest United Kingdom News
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.
Kraken exec Bivu Das spoke at the Digital Asset Summit in London about how Bitcoin ETFs are restricted in the UK.
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,…
Recent data revealed by TRM Labs shows U.K. residents have been losing £15,000 on average to crypto scams since October 2022, leading to regulatory and public awareness measures. British residents have been losing on average under £15,000 (nearly $20,000) since…
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…
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…
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…
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.…
U.K. law enforcement agencies will gain the authority to freeze cryptocurrency assets involved in criminal activities without requiring a conviction.
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…
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.S.-headquartered crypto exchange Kraken has started requiring…
Binance is facing hurdles in its bid to re-enter the U.K. market due to hesitancy from potential local partners amid concerns from regulatory bodies.
Former U.K. Chancellor George Osborne has been appointed to Coinbase's Global Advisory Council to focus on the firm's regulatory strategy and global expansion.
The UK’s approach to a potential digital pound is drawing significant attention, particularly regarding privacy concerns. The Bank of England (BoE) and the Treasury, in their response to the extensive 2023 consultation, have highlighted a robust framework to ensure that…
The Metropolitan Police revealed the seizure of over 60,000 BTC from a significant Chinese investment scam scheme. A seizure that occurred back in 2018 was disclosed for the first time during a court hearing in London on Jan. 30, according…
Law enforcement agencies have cautioned against the Coscoin crypto investment platform following numerous allegations of fraudulent activities.