UK
UK Government Backtracks on Unhosted Wallet Data Collection Proposal
The government said it didn't make sense to require all senders of funds to private crypto wallets to collect recipients' identification details.

Bank of England Chief Takes Victory Lap as Crypto Crumbles
Andrew Bailey, the head of the U.K. central bank, was testifying in Parliament on Monday afternoon.

UK Government Proposes Stablecoin Safeguards After Terra Collapse
The measure would give the Bank of England more power over failed stablecoin issuers.

The Crypto Community Says the UK's FCA Is Finally Starting to Listen
The British regulatory agency's first CryptoSprint was focused on digital asset information disclosure, custody and other regulatory obligations.

Argo Blockchain Q1 Net Income Plunges 90% to $2.1M
Bitcoin was priced in the $40,000 range for much of Q1 compared with nearly $60,000 in the same period a year earlier.

The FCA Is Holding Its First CryptoSprint: Here’s What the Digital Asset Community Wants From It
The U.K. regulator will meet crypto experts to discuss how to handle disclosing information related to issuance of crypto assets, regulatory obligations and custody regulations.

The UK's FCA Says It Has Been Focused on the More Negative Side of the Crypto Debate
The financial regulator tended to key in on the risks crypto present for financial stability, said the co-director of consumer and retail policy.

Binance Taps Former Regulators to Strengthen Global Surveillance Team
The exchange is hiring Seth Levy, who spent 16 years at U.S. regulator FINRA, and Steven McWhirter from the U.K.'s Financial Conduct Authority.

UK Regulator FCA Names Interim Head for Digital Assets Unit
The U.K. has been accelerating its efforts to regulate digital assets in recent weeks as the government seeks to establish the country as a crypto hub.


