UK government Financial News
24.06 / 07:59
Law
regulation
UK government
Former Chancellor says UK is falling behind on crypto opportunity
A former Chancellor of the United Kingdom has raised concerns the country is slipping behind its rivals in the European Union when it comes to the regulation of crypto.
31.05 / 18:45
Stablecoin
regulation
UK government
Terra Luna
Terra
Safeguards
UK government proposes additional safeguards against stablecoin failure risks
In a new consultation paper published on Tuesday, the Treasury of the United Kingdom proposed a new set of regulatory changes for the stablecoin industry.
05.04 / 10:33
Government
Scams
UK government
Pudgy Penguins
Nifty News: UK Royal Mint NFT, $960k Billionaire Dog rug and Pudgy Penguins
The U.K. government Treasury announced on Monday, April 4th, that it has asked the Royal Mint to create one non-fungible token (NFT) to be issued by the end of the year “as an emblem of the forward-looking approach the UK is determined to take.”
15.03 / 16:53
defi
regulation
UK government
Mixers
NCA wants regulation for coin mixers, but the crypto industry is already one step ahead
United Kingdom's national crime agency (NCA) seeks to regulate the crypto coin mixers under the country's laws against money laundering.
03.03 / 20:11
Law
regulation
UK government
Financial
UK financial watchdog is investigating 50 unauthorized crypto firms
The United Kingdom’s Financial Conduct Authority, or FCA, has announced it has 50 active investigations as part of its efforts to crack down on unregistered crypto businesses.
22.02 / 15:07
business
Europe
Funding
UK government
approved
BitPanda to provide crypto custody with the acquisition of FCA-approved Trustology
BitPanda, a Viena-based crypto exchange platform has made its maiden acquisition in the form of United Kingdom-based Trustology, a crypto custodian and wallet service provider for an undisclosed amount.
03.02 / 05:05
defi
regulation
lending
UK government
Agency
Tax Agency
UK tax agency cracks down on rules around DeFi lending and staking
Her Majesty’s Revenue and Customs (HMRC), the U.K.’s tax agency, on Wednesday, has released a controversial set of guidance that could affect innovation in Decentralized Finance (DeFi).
28.01 / 07:13
Adoption
regulation
UK government
Disgraced MP tells Parliament UK can be the 'home' of crypto
The former Secretary of State for Health and Social Care and current U.K. Member of Parliament (MP) Matt Hancock urged the House of Commons to make England the “home” of crypto.
18.01 / 15:27
Blockchain
regulation
UK government
UK treasury
UK Treasury wants to remove blockchain reference from crypto definition
The United Kingdom is actively looking to regulate the crypto market and has proposed many new policies to bring various crypto markets under the rule of law. However, among the various newly proposed suggestions, what turned many heads is the request to remove blockchain and Distributed Ledger Technology (DLT) references from the definition of crypto assets.
07.01 / 21:41
Government
regulation
UK government
lawmakers
UK lawmakers form crypto advocacy group for parliament: Report
Lisa Cameron, a member of parliament for the United Kingdom’s House of Commons, is reportedly chairing a lobbying group aimed at promoting crypto-related legislation in government.
06.12 / 06:17
Binance
regulation
UK government
regulatory
Binance plans to become registered UK firm despite regulatory setbacks
Binance CEO Changpeng Zhao said the exchange is planning to expand to the U.K. in the next six to 18 months, despite being instructed by the country’s regulator to cease trading earlier this year.
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