UK
U.K. Publishes Final Proposals for Crypto, Stablecoin Regulation
The government plans to propose legislation on fiat-backed stablecoins by early 2024.
Digital Pound Consultation Received Over 50,000 Responses, With Privacy a Major Concern
Many of the respondents outlined concerns around privacy, programmability and the decline of cash, Jon Cunliffe, deputy governor of the Bank of England said.
The World of Crypto Regulation: International Overview
Representatives from key jurisdictions discuss global regulatory harmonization and what’s next on their respective agendas from Europe’s landmark Markets in Crypto Assets (MiCA) framework, the UK’s Financial Services and Markets Act 2023, to Hong Kong's new licensing regime at CoinDesk's State of Crypto 2023 in Washington, D.C. Panelists include Bermuda Premier E. David Burt, Virtual Assets Regulatory Authority Henson Orser, U.K.’s House of Commons Dr. Lisa Cameron, and European Commission Adviser Peter Kerstens.
UK Bill for Seizing Illicit Crypto Finally Becomes Law
The bill lets law enforcement freeze crypto without a conviction, promising faster and more substantial seizures.
UK Regulator Warns Crypto Firms of 'Hard to Read' Risk Warnings
The Financial Conduct Authority has blocked Binance's chosen ad approver and added 221 firms to its warnings list since a new crypto marketing regime took effect on Oct. 8.
Archax to Launch Regulated Exchange for Tokenized Assets This Year
The company also said it tokenized its interests in the abrdn market fund in euros, pounds and dollars and has a pipeline of several hundred million dollars to be held in the fund.
DLT Securities Rules Are Here to Stay, EU Official Says
New European laws took effect in April, but fears over its limited scale may have inhibited take-up.
Binance to Stop Accepting New U.K. Users to Comply With Ad Rules
The firm will stop accepting new users starting Monday after U.K. regulator FCA last week restricted Binance's local partner from approving crypto ads.
U.K. Group Calls for NFT Copyright Infringement Safeguards and Code of Conduct
The Culture, Media and Sport Committee, which includes representatives from several U.K. political parties, started an inquiry into non-fungible tokens in November.
Nomura-Backed Komainu Joins U.K. Crypto Register
The firm registered with the Financial Conduct Authority just before new ad rules took effect on Sunday.
