UK
Celsius Seeks to Merge UK, U.S. Entities Amid Allegations Distinction Was a ‘Sham’
Court filings urge the resolution of an issue, which could prove key to recoveries for customers and Series B investors.
Argo Blockchain Slumps to Full-Year Loss on Bitcoin Price Slide
The crypto mining company is in a stronger position now, interim CEO El-Bakly said.
UK Tax Authority Proposes Changes to Treatment of DeFi Lending, Staking
The proposal, now open for public consultation, will also apply to crypto lending and staking through intermediaries, the authority said.
UK Charities Offered Guidance for Accepting Crypto Donations
Nonprofits need to weigh the risk of volatility and hacks, and follow money laundering norms, the Charity Commission said.
UK FCA Wants to Work With the Crypto Industry to Develop Regulation, Executive Says
The U.K. is consulting on new rules for the crypto sector.
With MiCA Past the Finish Line, UK's Crypto Industry Calls for Rules of Its Own
The finalization of the landmark EU law puts “significant pressure” on the U.K. to deliver its crypto rules, one industry group said.
Bitcoin Drops to $29.2K After Sudden Sell-Off
Bitcoin slid more than 3% in just 15 minutes in European morning hours on Wednesday, taking the largest cryptocurrency by market capitalization near $29,000. Forex.com Global Head of Research Matt Weller discusses whether the UK CPI data played a role in the sudden sell-off. Plus, his BTC outlook after the token's strong performance in Q1 2023.
UK’s New Technology Department to Tackle Country’s Metaverse, Web3 Strategy
The department will explore economic growth, investment and business opportunities in these areas, as well as implications on regulation.
Stablecoins Need to Be Regulated Like Commercial Bank Money, Bank of England's Andrew Bailey Says
The central bank governor also said regulators can't rule out central bank digital currencies as the U.K. explores a digital pound.
Craig Wright’s UK Contempt of Court Case Over Alleged Embargo Breach Abandoned
Judges at the High Court in London said they didn’t have the resources to explore the issue fully.
