Coinbase Secures FCA Approval as Registered Crypto Provider
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Coinbase receives UK FCA approval, extending its European market reach. The exchange plans to expand its worldwide cryptocurrency presence by focusing on…
Bitget Re-Launches UK Website, Expanding Access to Digital Assets for British Users
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Bitget has officially re-launched its UK website in compliance with the Financial Conduct Authority’s (FCA) Financial Promotions Regime. With Archax’s approval, British…
UK Pension Scheme Embraces Bitcoin, Marking a Historic Leap Into Crypto
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A UK pension scheme has allocated 3% of its portfolio to bitcoin, marking a groundbreaking move aimed at diversification and potential long-term…
Will Banks Survive? Bank of England Prepares to Launch CBDC if Innovation Stalls
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The Bank of England cautions it could deploy a digital currency if commercial banks falter, signaling a potential upheaval in the future…
UK Stands Firm on Tough Crypto Regulations, Warns Against Lowering Crypto Standards
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A Financial Conduct Authority (FCA) official has emphasized the importance of high regulatory standards for crypto asset registrations. She defended the UK’s…
UK Finance Publishes Report on Successful Regulated Liability Network
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The various use case tests conducted by UK Finance in partnership with Quant, R3, DXC Technology, and Coadjute found that the Regulated…
Crypto Billionaire Flees London Over Offshore Tax Concerns
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Christian Angermayer, a billionaire crypto investor, has reportedly moved from London to Switzerland as the UK considers tightening tax policies on offshore…
FCA Secures First Conviction for Illegal Crypto ATM Operation in UK
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Olumide Osunkoya has pleaded guilty to illegally running a crypto ATM network across the UK. Even though the UK Financial Conduct Authority…
UK Court Recognizes USDT as ‘Distinct Form of Property’
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A High Court of England and Wales has ruled that stablecoin tether (USDT) is recognized as property under English law. The court…
UK Regulator: 87% of Crypto Firms Fail to Meet Registration Requirements
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The UK Financial Conduct Authority (FCA) has revealed that over 87% of crypto registrations were either rejected, withdrawn, or refused as part…