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...
Nexo to Phase Out Cashback for UK Exchange and Card Transactions as FCA Rules Approach
Nexo is joining Bybit and Paypal in withdrawing some services from the U.K. in response to incoming promotion rules.
Crypto Exchange Bybit ‘Exploring All Options’ to Stay in UK: CEO
Companies like Luno and PayPal have halted certain crypto operations in the country in response to regulations set to...
UK Financial Watchdog Cancels Binance Permissions on Firm’s Request
U.K.'s Financial Conduct Authority said Binance's local unit is no longer authorized to provide any regulated services in the...
A16z Chooses London as Destination for First Office Outside U.S.
The venture capital firm plans to use the office, which will open later this year, to fund growth in...
UK Lawmakers Clash Over Government Plans to Regulate Crypto as Financial Services
While some lawmakers have aligned with the government’s proposal, others want the volatile assets to be treated as gambling.
Crypto Industry Asks UK to Think Globally as Government Closes Consultation on Proposed Rules
The U.K. opened its plans for regulating the crypto sector for public comment back in February.
UK Set to Ban Cold Calls Selling Financial Products, Including Crypto
The move is part of Prime Minister Rishi Sunak's strategy to tackle financial fraud in the country.
UK Crypto Tax Advisors Welcome Proposed Changes to DeFi Lending, Staking Treatment
The country’s tax authority is consulting the public on new rules it said are aimed at reducing the burden...
UK Stablecoin Rules Approved by Lawmaker Committee
U.K. lawmakers agreed on new rules for stablecoins on Thursday – as the government promised to consult on further...
Kraken Appoints Former Gemini UK Head as Its New UK Managing Director
Crypto exchange Kraken has appointed Gemini's former U.K. chief, Blair Halliday, as its new U.K. managing director (MD). Halliday...
Binance Accused of Filing Inaccurate Financials by UK Subsidiary Shareholder
Cryptocurrency exchange Binance is facing criticism from a co-owner of its U.K. subsidiary for allegedly misrepresenting the shareholder's ...
What to Expect From the UK’s Royal Mint NFT Collection
The U.K. government raised eyebrows in April when a high-ranking official said the country would issue its own non-fungible...
UK Crypto Industry Hopes for More Clarity From Planned Stablecoin Rules
The U.K.’s crypto industry is hopeful the nation’s forthcoming stablecoin regulations will clear up “gray areas” for issuers. Last...
UK Law Commission Sees Crypto as a New Type of Property
The U.K. Law Commission – a statutory independent body tasked with reviewing and updating the law – wants to...