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Crypto News

Kraken Co-CEO Slams U.K. Crypto Rules, Says British Users Are Shut Out Of 75% Of U.S. Products

The co-CEO of Kraken has criticised the UK cryptocurrency market, saying it is being severely hampered by many laws and restrictions. The remarks coincide...
Crypto News

UK’s HMRC Doubles 65,000 Crypto Warning Letters As Tax Authority Steps Up Enforcement

The number of warning letters sent to individuals suspected of underreporting or avoiding taxes on earnings from digital assets has doubled as the UK...
Bitcoin News

Chinese Woman Pleads Guilty In United Kingdom To $7B Bitcoin Fraud Case

Zhimin Qian, a national of China who also goes by Yadi Zhang, pleaded guilty in a United Kingdom court to one of the largest...
Crypto News

Major UK Banks Join Forces With UK Finance To Explore Tokenized Sterling Deposit

UK Finance is an established trade association representing over 300 member institutions in the UK financial services sector, added amounting to more than 300...
Crypto News

US And UK Launch Joint Taskforce For Boosting Crypto Markets Of The Future

The United States and the United Kingdom said last week they will form a joint task force to boost cooperation on digital assets and...
Crypto News

UK FCA Proposes Full Crypto Rulebook To Bring Firms Under Traditional Finance Standards By 2026

The UK Financial Conduct Authority launched a consultation to fold crypto firms into its rulebook. The paper came out on Wednesday, with feedback due...
Crypto News

Former British Finance Minister Lord Hammond To Leave Digital Assets Firm Copper As Firm Shifts Focus From UK To US Markets

Lord Philip Hammond will soon step down as chairman of Copper, the digital assets firm he joined in 2023, after Sky News City editor...
Crypto Regulations News

UK FCA And Met Police Seize Seven Illegal Crypto ATMs, Arrest Two In London

Seven crypto ATMs were seized and two people were arrested on Thursday in southwest London after an operation targeting illegal cryptocurrency exchanges.  The UK Financial...
Crypto News

Standard Chartered Brings Bitcoin ($BTC) and Ethereum ($ETH) Spot Trading to UK Institutions

Standard Chartered has decided to launch spot trading in cryptocurrencies for Bitcoin and Ethereum via its UK branch for institutional investors and clients. This...
Exchange News

Bitget Announces Return To UK Market After Meeting FCA Requirements

Bitget has marked a significant milestone with its official re-launch in the United Kingdom, having successfully met the requirements of the Financial Promotions Regime.  This...

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