UK

UK

Policy

U.K. Crypto Firms Can Apply for 3-Month Reprieve to Comply With Tough New Ad Rules

Bans on aggressive marketing were set to take effect in October, but companies can apply to delay some aspects until January.

FCA building with logo (FCA)

Finance

Crypto Exchange Kraken's UK Derivatives Unit Looking to Expands Its Service: Bloomberg

The firm is looking move into a void in the crypto derivatives market left when FTX collapsed last November.

Página de inicio del sitio web de la Autoridad de Conducta Financiera para la organización de regulación financiera del Reino Unido. (Shutterstock)

Policy

U.K.’s Travel Rule Troubles Showcase Global Challenge for Crypto

U.K. crypto firms have just days to comply with new anti-money laundering requirements – but they are seeking more guidance given patchy implementation of the controversial FATF rule between jurisdictions.

Cracked globe (Mike Kemp / Getty Images)

Policy

UK ‘Travel Rule’ Won’t Completely Nix Transfers to Noncompliant Places, FCA Says

Companies such as PayPal are already halting their crypto payments services in the U.K. as a result of tighter regulations.

UK United Kingdom British England Flag (Unsplash)

Policy

U.K. Move to Digitize Trade Documents Could Rely on Blockchain, Government Says

The Electronic Trade Documents Act, set to take effect later this year, could make use of blockchain tech to improve security and reduce costs.

Trade (Ian Taylor/Unsplash)

Policy

Craig Wright’s ‘Lies and Deception’ Justify Minimal Damages Claim, UK Judges Say

Wright says he is the true identity of Bitcoin founder Satoshi Nakamoto, and took a libel case against crypto podcaster Peter McCormack

Craig Wright (Eugene Gologursky/Getty Images for CoinGeek)

Policy

Craig Wright Must Pay $516K to Pursue Case Against Kraken, Coinbase: UK Judge

Wright claims he’s Bitcoin White Paper author Satoshi Nakamoto and holds intellectual property rights on numerous cryptocurrencies

Craig Wright

Policy

UK Information Commission to Make Inquiries About Worldcoin

The firm has claimed it complies with "very, very local and very specific rules and regulations in each of the markets where there's an Orb."

An inside view of the Orb, Worldcoin's custom hardware that makes cryptographic IDs based on iris scans. (Worldcoin)

Policy

Craig Wright Will Be Able to Fight Bitcoin Copyright Claim in UK After Winning Appeal

The self-proclaimed author of the Bitcoin white paper claims the operation of Bitcoin and Bitcoin Cash violate his intellectual property rights.

Craig Wright (Rob Mitchell/CoinDesk)

Policy

UK's FCA Is Designing Prudential Requirements for Firms Carrying Out Crypto Activities

The Financial Conduct Authority will consult on rules once the government gives it the necessary powers, the regulator said in its annual report.

FCA building with logo (FCA)