UK

Crypto Was One of the Biggest Money Laundering Risks in 2022-2023: UK Govt. Report
Between 2022 and 2023, crypto alongside retail banking, wholesale banking and wealth management posed the greatest risk of being exploited for money laundering, a report by the U.K. Treasury department showed.

UK Law Enforcement Agencies Can Now Seize Crypto More Easily as New Rules Take Effect
Law enforcement agencies will no longer need to wait for an arrest to seize crypto.

Protecting Crypto Users Is More Important Than Faster UK Registration: FCA Executive
Members of the industry have said the regulator takes too long to approve crypto applications.

UK Lawmakers Call for Govt to Develop Crypto, Blockchain Skills Pipeline
Member of Parliament Lisa Cameron called for the government to ensure that all stages of education and the workplace contribute to developing digital skills.

UK to Issue New Crypto, Stablecoin Legislation by July, Minister Says
The country passed a landmark bill in June 2023, which laid the foundation for stablecoins and other crypto to be treated as regulated financial activities.

UK Regulators Publish Draft Guidance on Digital Securities Sandbox Open to DLT
The DSS will last five years and could lead to a new regulatory regime for securities settlement.

Craig Wright Assets Frozen by UK Judge to Prevent Him Evading Court Costs
Judge James Mellor found earlier this month that Wright was not, as he'd claimed, Bitcoin inventor Satoshi Nakamoto.

UK Ad Rules Apply to Influencers, Crypto Memes, Regulator Confirms in New Guidance
"The use of memes in promotions is particularly prevalent in the crypto-asset sector," the FCA's guidance said.

UK Govt-Backed Report Urges Firms to Execute Tokenization Strategies
The Technology Working Group's report says firms need to be able to settle transfers on the blockchain via digital money and that funds should be allowed to hold tokenized assets.

London Stock Exchange Will Start Market for Bitcoin and Ether ETNs May 28
The stock exchange will accept applications for trading bitcoin and ether crypto exchange traded notes from April 8.

