Bitcoin Payments App Strike Enters UK as Global Expansion Rolls Out
The payments firm now operates in over 100 countries and territories globally.
UK
UK Regulator FCA Arrests Two People Associated With 1B-Pound Illegal Crypto Business
The two suspects were interviewed under caution by the FCA and then released on bail.
UK Local Elections Show Swing to Labour With General Election Pending
The government, which has adopted a pro-crypto stance, must hold a general election by end-January.
Crypto Was One of the Biggest Money Laundering Risks in 2022-2023: UK Govt. Report
Between 2022 and 2023 Crypto alongside retail banking, wholesale banking and wealth management posed the greatest risk of being exploited for money laundering, a report by the U.K. Treasury department showed.
UK Law Enforcement Agencies Can Now Seize Crypto More Easily as New Rules Take Effect
New powers that will help law enforcement agencies seize crypto used for crime came into effect on Friday, the U.K Home Office said in a press release.
Protecting Crypto Users Is More Important Than Faster UK Registration: FCA Executive
Members of the industry have complained that the regulator takes too long to approve crypto applications.
UK Regulators Publish Draft Guidance on Digital Securities Sandbox Open to DLT
The DSS will last five years and could lead to a new regulatory regime for securities settlement.
Craig Wright Assets Frozen by UK Judge to Prevent Him Evading Court Costs
Judge James Mellor found earlier this month that Wright was not, as he’d claimed, Bitcoin inventor Satoshi Nakomoto
UK Ad Rules Apply to Influencers, Crypto Memes, Regulator Confirms in New Guidance
“The use of memes in promotions is particularly prevalent in the crypto-asset sector,” the FCA’s guidance said.
UK Govt-Backed Report Urges Firms to Execute Tokenization Strategies
The Technology Working Group’s report says firms need to be able to settle transfers on the blockchain via digital money and that funds should be allowed to hold tokenized assets.