UK
Coinbase's CBPL Fined $4.5M by UK Regulator for Lapses in Onboarding Controls
Despite restrictions in place, CBPL onboarded 13,416 high-risk customers for e-money services, the Financial Conduct Authority said.
Crypto-Friendly Bank Revolut Plans to Sell $500M of Employee Shares at $45B Valuation: WSJ
Revolut has been in talks with investment firm Greenoaks over the sale, which would pave the way for a potential IPO
Craig Wright Referred to UK Prosecutors for Consideration of Perjury Charges
Judge James Mellor also approved injunctions that prevent Wright from taking others to court again under the guise he is Satoshi Nakamoto.
DAO-Specific Legislation Isn't Needed Yet, English Legal Body Says
The Law Commission said decentralized autonomous organizations appear to fall under existing laws for the time being.
Labour Landslide Sets Up Starmer as UK Prime Minister With Unstated Crypto Plans
While the industry was not mentioned in the party's manifesto or on the campaign trail, Labour has said it will support tokenization and a central bank digital currency.
Ahead of the U.K. Election, Major Parties Remain Silent on Crypto Issues
The U.K. is set to hold its first election in five years on Thursday and crypto is not a campaign-trail issue.
Bitcoin Payments App Strike Enters UK as Global Expansion Rolls Out
The payments firm now operates in over 100 countries and territories globally.
UK Regulator FCA Arrests Two People Associated With 1B-Pound Illegal Crypto Business
The two suspects were interviewed under caution by the FCA and then released on bail.
UK Minister Says Government Only Has Time to Implement Stablecoin, Staking Legislation
Economic Secretary Bim Afolami said that the government could put through stablecoin and staking legislation in the coming weeks but will outline what more is coming later.
UK Local Elections Show Swing to Labour With General Election Pending
The government, which has adopted a pro-crypto stance, must hold a general election by end-January.
