UK

UK

Pananalapi

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.

London's High Court (Francais a Londres/Unsplash)

Patakaran

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.

A computer popup box screen warning of a system being hacked, compromised software enviroment. 3D illustration. (Getty Images)

Patakaran

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.

(Travelpix Ltd/Getty Images)

Patakaran

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.

UK Parliament Building and Big Ben, London

Pananalapi

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.

Crypto lender Nexo is being sued by three investors who allege the platform blocked their attempts to withdraw funds. (Nexo)

Patakaran

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.

The Bank of England (Robert Bye/Unsplash)

Patakaran

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.

The U.K. Parliament. (Paul Silvan/Unsplash)

Patakaran

Binance Denies Accusation From UK Lawmaker That It Deliberately Sank FTX

The exchange pointed to a CoinDesk article that set off a series of events that led to FTX's bankruptcy filing.

FTX CEO Sam Bankman-Fried and Binance CEO Changpeng "CZ" Zhao (CoinDesk)

Patakaran

DAO Legal Reforms in Spotlight as UK Law Commission Seeks Views

A consultation published today looks at issues like governance, structure, money laundering and taxes.

The U.K. body is probing the legal status of DAOs. (alengo/Getty Images)

Patakaran

Crypto Industry Participants Field Questions from UK Lawmakers After FTX Collapse

In an evidence inquiry session on crypto held by the Treasury Committee, the group addressed negative questions, with some calling for more regulatory clarity.

Crypto representatives testifying at Treasury Committee (UK Parliament)