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
UK Regulators Publish Draft Guidance on Digital Securities Sandbox Open to DLT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.
London Stock Exchange Will Start Market for Bitcoin and Ether ETNs May 28
The stock exchange will accept applications for trading bitcoin and ether crypto exchange traded notes from April 8.
NFT Providers May Need Registration to Comply With UK Money Laundering Rules
The U.K. started a consultation on its money laundering rules on Monday.
UK’s FCA Opens the Door for Institutional Investors to Build Crypto-Backed ETN Market
Products would be available to professional investors while retail consumers remain banned, the regulator said.
UK Law Enforcement Will Soon Have More Power to Seize Crypto Assets
A crime bill passed last year gave law enforcement agencies more power to seize and freeze crypto.
England’s Law Commission Seeks Views on Draft Legislation to Label Crypto as Property
The Law Commission also called for evidence on its project on digital assets and electronic trade documents in private international law.