UK

The establishment of expert panels and the introduction of a legal framework for crypto collateral arrangements are two additional suggestions made by the Law Commission. In a report…

Binance claimed that its deregistration with the FCA had no practical consequences since the company has never conducted any business in the United Kingdom. Binance, a cryptocurrency…

An influential Labour Party politician in the United Kingdom has called for AI to be licenced and controlled like the pharmaceutical and nuclear industries. A representative of…

Companies that fail to pay their cryptocurrency taxes might have their cryptocurrency assets seized under new legislation proposed by HM Revenue and Customs (HMRC). To better prepare for…

In order to go ahead with legislation, the Financial Conduct Authority is seeking feedback from the cryptocurrency industry. The Financial Conduct Authority (FCA), Britain's financial…

Major institutions in the United Kingdom have been criticized for imposing restrictions on clients who invest in cryptocurrencies. Nigel Green, the chief executive officer of deVere…

Both HSBC and NatWest restrict cryptocurrency purchases to platforms only. Crypto businesses are having trouble opening bank accounts. Rishi Sunak, the Prime Minister of Britain, has…

Under the currently pending Financial Services and Markets law, the Bank of England's Prudential Regulation Authority will promote worldwide economic development. Bank of England (BOE)…

Less than two months have passed since Elliptic, a blockchain analytics startup, published a report predicting crypto regulations for this year. As global regulators tighten their grip on…

The restrictions now in force are part of the government's strategy to transform the nation into a cryptocurrency centre. On Sunday, the United Kingdom will implement a tax exemption for…