UK
Crypto Industry a Disaster in Need of Rebranding, UK Lawmaker Says
Lord Cromwell begs the industry to leave its "bad boats" to burn out at sea and ditch the word "crypto" following the FTX collapse.
UK's Crypto Agenda Won't Be Derailed by FTX Collapse, Minister Says
The country has a goal of becoming a crypto hub.
TradFi Giant TP ICAP Gains UK Crypto License
Fusion Digital Assets aims to offer a platform for matching crypto spot orders and execute trades.
London Court Orders Six Crypto Exchanges to Share Client Details to Assist in $10.7M Fraud Case
The unnamed crypto exchange traced $1.7 million of the stolen funds after being hacked for $10.7 million in 2020.
UK Crypto Fraud Climbs by a Third to Over $270M: Report
The country is in a recession and the cost of living has increased, making some people vulnerable to fraudsters.
UK Lawmakers Support Easy Seizure of Crypto Linked to Terrorist Activity
The lower chamber of the U.K. Parliament had already voted in favor of proposed rules to make it easier for law enforcement to target crypto linked to crime.
UK Lawmakers Vote to Widen Authorities’ Powers in Seizing Crypto-Related Property
The amendment builds upon a bill in Parliament that allows the government to seize cryptocurrencies tied to crime.
Crypto Lender Nexo Sued for Allegedly Blocking $126M Withdrawals in 2020-21
The claimants allege that Nexo froze their accounts in 2020-21 after they sought to remove their assets from the platform.
UK May Need Digital Pound, Bank of England's Jon Cunliffe Says
The deputy governor said FTX's collapse highlights the need for more oversight of digital assets.
Binance’s Lack of Transparency on FTX Bid Could Influence UK Lawmakers' Crypto Recommendations: Report
Treasury Committee member Alison Thewliss said Binance's submissions on its role in the collapse of rival crypto exchange FTX were not detailed enough.
