DAO-Specific Legislation Isn’t Needed Yet, English Legal Body Says
The Law Commission said decentralized autonomous organizations appear to fall under existing laws for the time being.
UK
Labour Landslide Sets Up Starmer as UK Prime Minister With Unstated Crypto Plans
While the industry was not mentioned in the party’s manifesto or on the campaign trail, Labour has said it will support tokenization and a central bank digital currency.
Ahead of the U.K. Election, Major Parties Remain Silent on Crypto Issues
The U.K. is set to hold its first election in five years on Thursday and crypto is not a campaign-trail issue.
Bitcoin Payments App Strike Enters UK as Global Expansion Rolls Out
The payments firm now operates in over 100 countries and territories globally.
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UK Regulators Publish Draft Guidance on Digital Securities Sandbox Open to DLT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.