UK Treasury News

Former U.K. Chancellor Philip Hammond faces scrutiny over his interactions with the crypto startup Copper before his departure from office. Ex-Chancellor Lord Philip Hammond seemingly had interactions with U.K. Treasury officials regarding the crypto startup Copper, less than two years…

The Bank of England and the U.K. Treasury are cautiously advancing the exploration of a digital pound, focusing on research and legislative groundwork without a firm commitment to launch.

A report released by the U.K.'s All Party Parliamentary Group on crypto and digital assets urges the government to carefully consider the introduction of a CBDC, or "digital pound."

Recent reports indicate that Britain is already planning to introduce laws targeting the regulation of the crypto industry in the next 12 months. 

A recent document indicates the UK government has rejected the controversial crypto data collection policy, which the EU parliament recently passed. The UK treasury consulted various parties and decided to protect investors’ privacy.  The UK Won’t Track Crypto Data from…