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Finance

Tether Deposits of $1B With UK Financial Firm Are at Center of High Court Battle: FT

Tether deposited the funds with a subsidiary of investment bank Britannia Financial, according to the report, which cited filings made in the High Court.

By Jamie CrawleyNov 21, 2023

Tether Deposits of $1B With UK Financial Firm Are at Center of High Court Battle: FT

Policy

UK's Proposed Crypto Rules Could Drive Away Foreign Firms, Lawyers Say

The government has said it won't extend certain regulatory exemptions reserved for foreign TradFi firms to crypto, potentially making it tougher for companies to enter the market.

By Camomile ShumbaNov 16, 2023

UK's Proposed Crypto Rules Could Drive Away Foreign Firms, Lawyers Say

Policy

UK Cabinet Reshuffle Gives Bim Afolami Responsibility for Crypto, CBDC, Replacing Griffith

His predecessor, Andrew Griffith, will head up the Department for Science, Innovation and Technology.

By Camomile ShumbaNov 14, 2023

UK Cabinet Reshuffle Gives Bim Afolami Responsibility for Crypto, CBDC, Replacing Griffith

Policy

International Deal to Combat Crypto Tax Evasion to Start 2027 as 48 Countries Sign Up

Several countries with a sizeable interest in crypto, such as Turkey, India, China, Russia and all African nations, are not signatories to the statement.

By Amitoj SinghNov 10, 2023

International Deal to Combat Crypto Tax Evasion to Start 2027 as 48 Countries Sign Up

Policy

UK’s Tough Crypto Regulator FCA Won’t Go Easy on Stablecoins, Official Says

The Financial Conduct Authority on Monday published a discussion paper with proposals for a stablecoin regime.

By Camomile ShumbaNov 8, 2023

UK’s Tough Crypto Regulator FCA Won’t Go Easy on Stablecoins, Official Says

Finance

Ripple Broadens Remittances Between Africa, Gulf States, UK and Australia

At its annual conference, Ripple also announced product enhancements and license updates, including a focus on payments between enterprises and smaller businesses.

By Ian AllisonNov 8, 2023

Ripple Broadens Remittances Between Africa, Gulf States, UK and Australia

Finance

Robinhood to Expand Crypto Trading Into EU, Plans to Start UK Brokerage

The crypto trading platform for EU will open in "coming weeks," said the company.

By Aoyon AshrafNov 7, 2023

Robinhood to Expand Crypto Trading Into EU, Plans to Start UK Brokerage

Policy

UK Financial Watchdogs Publish Plans to Regulate Stablecoins

Big Tech companies like Meta and PayPal will be able to issue payments-focused stablecoins under the proposed rules provided they meet the criteria.

By Camomile Shumba, Sandali HandagamaNov 6, 2023

UK Financial Watchdogs Publish Plans to Regulate Stablecoins

Policy

UK Regulator Publishes Guidance for Crypto Marketing Regime

The Financial Conduct Authority’s new ad regime took effect in October.

By Camomile ShumbaNov 2, 2023

UK Regulator Publishes Guidance for Crypto Marketing Regime

Policy

UK's National Crime-Fighting Agency Seeks Six Crypto Investigators

A crime bill passed last week gives law enforcement agencies more powers to seize and freeze crypto.

By Camomile ShumbaNov 2, 2023

UK's National Crime-Fighting Agency Seeks Six Crypto Investigators

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