UK
UK Enforces Crypto Tax Break for Foreigners Using Local Brokers
The measures now in effect are part of the government's plans to turn the country into a crypto hub.
Craig Wright v. Peter McCormack: Judge Rules McCormack Should Pay Around $1.1M in Costs
Wright had argued that McCormack should pay the majority of costs for the legal proceedings, but then accepted to pay all McCormack's costs save for those ruled in Wright's favor.
Another Crypto.com Ad Banned by UK Advertising Regulator
The company also had two ads banned in January for being misleading.
Boris Johnson's Brother Quits as Binance Adviser
Binance has struggled launch operations in the U.K. and may be facing money laundering charges from the U.S.
UK's Financial Services and Markets Bill Should be Passed by Spring 2023, Treasury Says
The Financial Services and Markets Bill that is currently being debated will give regulators more power over crypto.
Incoming FCA Chair Calls Crypto Firms Like FTX 'Deliberately Evasive'
Ashley Alder, who is currently the CEO of Hong Kong’s Securities and Futures Commission, will be commencing his role with the Financial Conduct Authority on Feb. 20, he told the Treasury Committee.
Bitcoin Miner Argo Blockchain Says It's Close to Restructuring Without Having to Declare Bankruptcy
The London-based company warned, however, there's no guarantee it will be able to do so.
Crypto Payments App MoonPay Gains UK Regulator Registration
The firm was registered with the Financial Conduct Authority as of Friday, signifying compliance with money laundering rules.
UK Extends Crypto Tax Break for Investment Managers in Financial Reforms
Rishi Sunak’s government has already legislated to use stablecoins as a means of payment as he seeks to make the country a crypto hub.
