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UK

FCA policy, institutional products, startups, and the UK’s digital asset regulatory roadmap.

Exchanges

Crypto lender Nexo shuts down 2 UK-based subsidiaries

Nexo is also going under investigation in Bulgaria for allegedly being involved in an organized scheme.

3 years ago

Regulation

Binance chief strategy officer criticizes US crypto rules; exchange wants to be regulated in UK

The company will "do everything [it] possibly can" to be regulated in the U.K.

3 years ago

NFTs

Britain’s fourth largest newspaper offers free King Charles coronation NFTs

The Evening Standard is allowing Nifty Gateway users to mint their own cryptocollectible featuring the famous St. Edwards Crown.

3 years ago

Regulation

UK’s FCA takes action against illegal crypto ATM operators

The UK FCA said no crypto ATM operator was registered with it, making their operations illegal in the country.

3 years ago

Adoption

Coinbase CEO meets with UK Economic Secretary to discuss crypto innovation

Coinbase gives nine recommendations to "turbocharge" technological and financial innovation in the UK.

3 years ago

CBDCs

Bank of England’s digital pound won’t replace cash

The proposed CBDC system will operate alongside traditional cash. However, concerns on freedom and financial privacy persist.

3 years ago

DAOs

NEAR launches $11M grassroots community trust registered in Guernsey

NEAR Foundation and Governance Working Group jointly select trustees for community purpose trust.

3 years ago

Adoption

CZ touts rules for securitization of digital assets in new tweet thread

CZ's early morning thoughts echo others in the crypto community who worry that exposure to traditional finance can also hurt the industry.

3 years ago

Regulation

UK to mandate declaring crypto holdings in tax forms

The announcement came as part of the U.K.'s latest annual budget released March 15 and is expected to raise £10 million for the government.

3 years ago

Banking

NatWest introduces transaction limits to protect against crypto-criminals

The new rules will limit transfers to crypto exchanges to £5,000 per 30 days with no more than £1,000 per day.

3 years ago

Culture

Crypto therapist reports sharp rise in people seeking addiction help

Crypto dreams turn into nightmares as addiction can lead to detachment from reality, isolation, and debt.

3 years ago

Exchanges

Binance suspended British Pound deposit and withdrawals for new users on March 13

A Paysafe subsidiary Skrill said the current UK regulatory environment made it challenging to offer its services to Binance.

3 years ago