UK Financial News
15.12 / 20:23
coinbase
Kraken
UK
Bitcoin
UK Watchdog Teaches Coinbase, Kraken, and Others How to Advertise Crypto
The UK's Advertising Standards Authority (ASA) has decided to ban seven crypto-related advertisements. The latest batch of bans illustrates that, in their online communications, businesses must take great care to fashion their crypto-related messages in a maximally neutral way and avoid drawing the regulator’s ire.
29.11 / 12:13
regulation
coinbase
Tax
UK
‘New Blow’ as Large Crypto Exchanges Are Told to Pay British Tech Tax
Crypto exchanges operating in the United Kingdom – including the likes of Coinbase – will be forced to pay a recently created tech tax – with the British tax body, HM Revenue and Customs (HMRC), declaring that cryptoassets “are not financial instruments.”
23.11 / 11:49
Binance
Investment
UK
Binance Is ‘In Talks with Sovereign Wealth Funds', Boosts Irish Presence
After taking a regulatory battering earlier this year, Binance is back – or at least the world’s busiest crypto exchange will hope so. The platform has been bolstered by news that it is talking to sovereign wealth funds who are interested in “taking a stake” in the platform, that it's establishing a new base in Ireland and raising a “couple of hundred million” dollars in a forthcoming funding round in the US.
15.11 / 12:55
Adoption
regulation
UK
ad
Floki Inu’s London Ad Campaign Draws Green Party Politician’s Ire
A massive advertising campaign in London launched by Floki Inu (FLK), a memecoin named after Tesla chief Elon Musk’s Shiba Inu dog, has pushed some local politicians to demand a ban on ads featuring unregulated financial products displayed by Transport for London (TfL).
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