UK

UK

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)

Policy

UK Financial Regulator to Introduce Isolated Environment for Testing Financial Applications

During a pilot phase, the environment was used to test the eco-friendliness of decentralized ledgers.

Photo of people entering the FCA building

Policy

UK Government Rejects Lawmaker Plan to Regulate Crypto as Gambling

The Treasury says it has learned lessons from FTX's collapse, and that gambling law doesn’t deal with crypto risks.

UK Parliament (Ugur Akdemir/Unsplash, modified by CoinDesk)

Policy

Proposed Legal Reforms Aid UK Crypto Dreams – but Offer Scant Hope for Bitcoin Developers Sued by Craig Wright

A new Law Commission report doesn’t address legal concerns beyond token ownership, lawyers told CoinDesk.

Craig Wright (Eugene Gologursky/Getty Images for CoinGeek)

Policy

UK FCA Chief Warns Against Judging Crypto Firms by Size for Approval Decisions

The Financial Conduct Authority has turned down some of the largest crypto firms in the world in the last two years, its CEO Nikhil Rathi told lawmakers at a hearing.

Nikhil Rathi, CEO, UK Financial Conduct Authority

Finance

Crypto Miner Argo Blockchain Raises $7.5M in Share Sale; Stock Slumps

Proceeds from the private placing and public sale will be used to pay down debt.

Riot Platforms’ acquisition of Block Mining makes sense, JPMorgan says. (Sandali Handagama)

Policy

Even Unpaid Social Media Crypto Promotions May Breach UK Ad Rules: Financial Regulator

The Financial Conduct Authority (FCA) gained oversight of crypto promotions with the approval of the Financial Services and Markets Act last month.

Photo of people entering the FCA building

Policy

UK's New Online Safety Bill Applies to the Metaverse, Lawmakers Agree

The bill, nearing approval, has measures to prevent children from experiencing harm online.

Metaverse (We Are/Getty Images)

Policy

UK Treasury Starts Consultation on Five-Year Digital Securities Trial

The pilot will relax regulations for digital bonds and equities – but not unbacked crypto, like bitcoin or ether.

The UK Treasury is testing DLT securities (Chris James/Flickr)