Tag: UK Crypto
CryptoUK’s ‘deep concern’ with wave of banks banning crypto payments
The surge in UK banks limiting the usage of cryptocurrency transactions has ‘deeply concerned’ self-regulated organisation CryptoUK, which wrote a letter to the Economic...
FCA warns crypto firms to comply with new rules or face...
The UK’s Financial Conduct Authority (FCA) has sent a message to crypto and digital asset firms operating in the UK that if they are...
The Blockchain Bulletin: Will NFTs transform the world? & The UK...
The world of blockchain is constantly evolving and having a major impact on the payment space, with cryptocurrencies, NFTs and the metaverse all helping...
UK Treasury believes cryptoassets should follow same financial service rules
In the UK Treasury’s consultation into crypto regulation, the government revealed that cryptoassets should follow similar standards in which financial services follow.
Economic Secretary to...
UK set for a year of financial transformation as CBDC consultation...
Economic Secretary to the Treasury, Andrew Griffith, gave an update on development plans to introduce a digital pound, with a consultation reportedly due to...
UK Treasury finalising crypto regulation plans
The UK Treasury is moving closer to defined crypto legislation as the country is finalising “sweeping rules” to regulate the country’s crypto industry, according...
UK lawmakers look to ‘seize opportunities’ with new stablecoin regulations
UK lawmakers in the House of Commons have agreed upon a new set of rules surrounding stablecoins, as the UK advances on Prime Minister...
House of Commons votes to recognise crypto as a regulated financial...
UK lawmakers have voted in favour of including cryptocurrencies to be regulated as a financial instrument within its Financial Services and Markets Bill.
The vote...
Digital FMI to trial first UK sterling backed stablecoin
A cross-industry consortium known as Digital FMI, will lead trials of the UK’s first digital sterling backed stablecoin set to launch in autumn this...
Crypto.com receives regulatory approval in UK by FCA
One of the largest cryptocurrency exchange platforms, Crypto.com, has registered with the UK’s Financial Conduct Authority (FCA) and received regulatory approval as a cryptoasset...
