Companies like Luno and PayPal have halted certain crypto operations in the country in response to regulations set to take effect next month.
The U.K. Financial Conduct Authority crypto promotion rules will be coming into effect by October 8.
Bans on aggressive marketing were set to take effect in October, but companies can apply to delay some aspects until January.
Craig Wright, who claims to be Bitcoin inventor Satoshi Nakamoto, will be able to argue his case that the Bitcoin file format should receive copyright protection under UK law after a bench of three UK judges accepted his appeal to a previous court denial, according to a court filing.
The Financial Conduct Authority will consult on rules once the government gives it the necessary powers, the regulator said in its annual report.
The FCA has turned down some of the largest crypto firms in the world in the last 18 months, its CEO Nikhil Rathi told lawmakers at a hearing.
The bill, introduced in September, now enters its final stages in Parliament.
The Financial Services and Markets Bill stands to recognize crypto as a regulated activity and stablecoins as a means of payment.
U.K.’s Financial Conduct Authority said Binance’s local unit is no longer authorized to provide any regulated services in the country.