UK

UK Introduces Law to Seize, Freeze and Recover Crypto
The Economic Crime and Corporate Transparency bill is meant to build on an earlier law that helped regulators place sanctions on Russia.

Crypto Remains a Priority for UK Under New Leader, Drawing Industry Excitement
Industry advocates in the country worried previous finance minister Rishi Sunak's crypto plans wouldn't pan out, especially after his recent defeat in the race for prime minister.

El exchange FTX no está autorizado para operar en Reino Unido, advierte el organismo de control financiero
Sin embargo, FTX le comentó a Bloomberg que piensa que un estafador se está haciendo pasar por la empresa.

Crypto Exchange FTX Not Authorized in UK, Financial Watchdog Warns
However, FTX told Bloomberg it believes a scammer is impersonating the company.

Venture-Capital Firm Northzone Raises $1B Fund for Fintech, Web3 Investments
Web3 is a "core sector" for the firm, one Northzone partner told the Block.

With New Prime Minister, UK Still Wants to Be Crypto Hub: Treasury Official
Economic Secretary Richard Fuller took part in a parliamentary debate on digital assets two days after Liz Truss was officially named the country's prime minister.

'Love Island' Twins' Crypto Instagram Posts Misled Viewers, UK Ad Authority Says
Instagram influencers have to explain the risks when promoting crypto investments, the country’s advertising regulator said.

UK’s Truss Picks Kwasi Kwarteng to Be Finance Minister
Since 2021, Kwarteng has overseen the government’s business, energy and industrial strategy department, which has supported blockchain innovation.

UK Crypto Firms Must Now Report Sanctions Breaches, Freeze Accounts
The U.S. and European Union have also extended sanctions rules to crypto since Russia’s invasion of Ukraine gave way to heightened concerns over the use of digital assets to circumvent restrictions.

Revolut Said to Be Under Pressure From Regulator Over Risk of 'Material Misstatement' in Auditing: Report
The auditor of Revolut, a digital bank that earns up to 10% of revenue from crypto trading, was criticized by the U.K. accountancy and auditing watchdog, the Financial Reporting Council (FRC).

