United Kingdom News
Latest United Kingdom News
The UK is expected to introduce laws regulating stablecoins within a few months, according to a spokesperson from Circle. Circle, the issuer of the USD Coin (USDC), anticipates these laws will be in place soon, as stated in a CNBC…
USDC
BTC
The FCA is defending its stringent crypto firm registration process despite concerns that the approach may hinder innovation. The U.K. Financial Conduct Authority is reaffirming its commitment to a rigorous registration process for crypto businesses, addressing concerns that these tough…
Blockchain.com executives face prosecution, with court proceedings underway as Companies House intensifies its enforcement measures. British crypto provider Blockchain.com is facing legal action after two senior executives were charged over the company’s failure to file accounts on time, The Telegraph…
A London trader has pleaded not guilty to operating an illegal crypto ATM business and laundering $395,000 in criminal cash. Habibur Rahman, a crypto trader from East Ham, London, has pleaded not guilty to charges related to operating an illegal…
A wide array of digital pieces and crypto-inspired art will be featured at Frieze London 2024 this week. Crypto.news brings you the highlights with selections from the Lumen Prize, Asprey’s Sigg Art Prize, Christie’s, and many more! Frieze London, an…
Bank of England warns that failure to modernize central bank money could shift wholesale settlements to private assets, potentially risking financial stability. A Bank of England executive warns that failing to adapt central bank money to emerging technologies could push…
ETP issuer Valour has launched a fully backed Ethereum staking ETP on the London Stock Exchange, marking a pivotal step for institutional access to decentralized finance in the U.K. Valour, a Swiss digital asset investment firm run by DeFi Technologies…
ETH
CEX.IO has resumed operations in the U.K. after a 10-month suspension, now focusing on FCA guidelines. Crypto exchange CEX.IO has resumed its operations in the United Kingdom just 10 months after a voluntary suspension due to new regulatory policies. In…
The FCA has charged a London man for illegally operating multiple crypto ATMs without registration, processing millions in transactions. The U.K.’s Financial Conduct Authority has charged a London man, Olumide Osunkoya, with unlawfully operating crypto ATMs without the necessary registration,…
BTC
Fidelity International has listed its physical Bitcoin exchange-traded product on the London Stock Exchange, providing professional investors with access to the world’s largest digital asset by market cap. Trading under the ticker FBTC, the ETP is fully backed by Bitcoin…
BTC
The British financial regulator has fined crypto exchange Coinbase $4.5 million for “repeatedly breaching” a requirement that prevented it from serving “high-risk customers.” American cryptocurrency exchange Coinbase has been hit with a £3.5 million (around $4.5 million) fine as the…
Brevan Howard Asset Management’s crypto fund has gained 20% in H1 2024 as institutional investors turned to crypto amid rising prices. BH Digital, a crypto hedge fund which manages $2.3 billion, has boosted its assets under management by roughly 20%…
BTC
ETH
A recent report from the United Kingdom’s Law Commission has concluded decentralized autonomous organizations (DAOs) need to be regulated under existing financial regulations and tax frameworks. Published on July 11, the research paper stated there’s no immediate requirement to create…
BTC
ETH
The British FCA alongside the Metropolitan Police Service has arrested two individuals, suspected of running an illegal multi-billion crypto exchange. The Financial Conduct Authority (FCA), in collaboration with the Metropolitan Police Service, has arrested two residents of London suspected of…
The United Kingdom will hold its first election in five years, potentially changing the landscape of crypto policy in the region. On May 22, British Prime Minister Rishi Sunak announced that the United Kingdom elections will be held on July…
The British arm of Interactive Brokers, known as Interactive Brokers U.K. Limited (IBUK), has launched cryptocurrency trading for its clients. According to a press release on Businesswire, IBUK’s investors and financial advisors can start trading Bitcoin (BTC), Ethereum (ETH), Litecoin…