Tag: UK

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UK Treasury Rules Out US-Style Bitcoin Reserves

UK rejects Bitcoin reserves, focuses on regulated digital asset integration UK and US collaborate on crypto regulation, diverging from EU approach The United Kingdom...

UK FCA Plans to Ban Borrowed Funds for Retail Crypto Investments

FCA to ban credit use for retail crypto investments. FCA mulls credit checks for crypto lending and borrowing. The UK’s financial regulator is reportedly...

U.K. to Regulate Crypto Firms Like Traditional Finance

The U.K. plans crypto rules aligning with traditional financial sector standards. Crypto law completion set for 2025 despite innovation concerns. The U.K. government has...

Crypto Goes to Class: Lomond School Becomes First in UK to Accept Bitcoin Payments

Lomond School to start accepting Bitcoin payments Schools embrace fee payments in crypto Lomond School in Scotland stands as the first educational organization in...

Coinbase Secures FCA Approval as Registered Crypto Provider

Coinbase receives UK FCA approval, extending its European market reach. The exchange plans to expand its worldwide cryptocurrency presence by focusing on Southeast...

UK Treasury Approves Crypto Staking Without Oversight

Crypto staking has been defined as a blockchain validation method. Beginning in January 2025, new rules clarify UK cryptocurrency restrictions. The United Kingdom's Treasury...

UK’s NCA Unveils Billion Dollar Crypto Laundering Scheme

The NCA disrupted global money laundering networks and arrested 84 people. Blockchain traceability is critical in discovering illegal operations. Amongst a major find, dismantling...

U.K. Pension Giant L&G Targets Crypto Tokenization Market

L&G, like other financial titans, intends to enter the blockchain tokenization space. Tokenization could improve efficiency and enhance investor access. Legal & General (L&G),...

London Resident Denies Charges of Operating Illegal Crypto ATMs

 London man denies charges of operating illegal cryptocurrency ATMs and laundering £300,000, as FCA continues crackdown on unlicensed operators. A London resident has denied allegations...

UK Court Convicts Osunkoya for Operating Illegal Crypto ATMs

Olumide Osunkoya has pleaded guilty to multiple offences related to running an unregistered cryptocurrency ATM network across the United Kingdom. This case, heard at...

CEX.IO Resumes UK Operations After 10-Month FCA Compliance Suspension

CEX.IO restarts UK operations and provides access to 190 digital assets following FCA compliance. The UK's position as a worldwide digital hub is...

Nexo Reopens UK Operations with Enhanced Compliance and Client Education

Nexo's new onboarding process follows FCA requirements, improving user risk awareness. The platform's 10-month halt allowed for a full modify to meet UK...