UK

Incoming BOE Deputy Governor Highlights Crypto Risks, Cites Benefits at Parliamentary Hearing
There are benefits to crypto technology, and the digital pound could anchor digital money, Sarah Breeden said.

Luno to Halt Some UK Clients From Investing in Crypto as Regulation Looms
The U.K. Financial Conduct Authority crypto promotion rules will be effective by October 8.

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.

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.

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.

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.

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.

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 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

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."

