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Policy

UK to Cooperate With Crypto Industry on Legislation for Digital Securities

The government said its plans for a digital securities sandbox (DSS) were largely welcomed by respondents.

By Camomile ShumbaDec 20, 2023

UK to Cooperate With Crypto Industry on Legislation for Digital Securities

Policy

UK Finance Ministry to Discuss Crypto Banking Woes With Lawmakers

Finance Minister Jeremy Hunt said U.K., and London in particular, has become "the global crypto hub."

By Sandali HandagamaDec 19, 2023

UK Finance Ministry to Discuss Crypto Banking Woes With Lawmakers

Policy

Revolut to Suspend UK Crypto Services, Citing FCA's New Ad Rules

Many crypto firms have had to withdraw their services to adjust to the Financial Conduct Authority's promotions rules which came into effect in October.

By Camomile ShumbaDec 18, 2023

Revolut to Suspend UK Crypto Services, Citing FCA's New Ad Rules

Policy

Lawmaker Calls for the UK Government to Do More for Blockchain

Member of Parliament Natalie Elphicke also announced that the parliamentary group she chairs will be hosting industry round tables and a call for evidence.

By Camomile ShumbaDec 15, 2023

Lawmaker Calls for the UK Government to Do More for Blockchain

Policy

FCA Slow to Take Crypto Enforcement Action, UK's Public Spending Watchdog Says

Even when the financial regulator has the power to act, years can go by before it takes enforcement action, the U.K.'s National Audit Office said.

By Camomile ShumbaDec 11, 2023

FCA Slow to Take Crypto Enforcement Action, UK's Public Spending Watchdog Says

Policy

Craig Wright's Tulip Trading Must Prove Ownership of Bitcoin in Hacking Case, English Court Rules

The hearing, scheduled to take 15 days, will also seek to determine whether the alleged hack occurred.

By Camomile ShumbaDec 7, 2023

Craig Wright's Tulip Trading Must Prove Ownership of Bitcoin in Hacking Case, English Court Rules

Policy

Crypto.com Receives UK Authorization as an Electronic Money Institution

The exchange said it plans to use the license to offer e-money products in the U.K.

By Camomile ShumbaDec 4, 2023

Crypto.com Receives UK Authorization as an Electronic Money Institution

Policy

UK Won’t Excuse Ignorance in the Hunt for Unpaid Crypto Taxes, Experts Say

The government could use a number of different ways to track down crypto tax evaders, CoinDesk was told.

By Camomile ShumbaNov 30, 2023

UK Won’t Excuse Ignorance in the Hunt for Unpaid Crypto Taxes, Experts Say

Policy

UK to Hit Crypto Users With Penalties for Unpaid Taxes

The Treasury encouraged users to voluntarily disclose unpaid income or capital gains tax from crypto, NFT and utility token holdings.

By Camomile ShumbaNov 29, 2023

UK to Hit Crypto Users With Penalties for Unpaid Taxes

Policy

UK Regulator Welcomes Fund Tokenization Plan Proposed by Industry Leaders

The Financial Conduct Authority (FCA) is currently exploring whether it could determine money laundering registration applications more quickly for firms already authorized, the report said.

By Camomile ShumbaNov 27, 2023

UK Regulator Welcomes Fund Tokenization Plan Proposed by Industry Leaders

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