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U.K
Binance’s Tesla, Coinbase Stock Tokens Under Scrutiny From UK Regulator: Report
The Financial Conduct Authority is working with Binance to “understand the product,” according to the FT.
UK Bank NatWest Denies Report it Will Totally Refuse Business Customers Who Deal in Crypto
This follows HSBC stating it would not be facilitating exposure to Coinbase or any other crypto-centric business.
Revolut Adds 11 Cryptocurrencies to Its Trading Offerings
Cardano (ADA), uniswap (UNI) and filecoin (FIL) were among those added.
UK Crypto Companies Now Have to Submit Financial Crime Reports
The new FCA policy will see the number of companies required to submit financial crime reports increase from 2,500 to 7,000.
UK Tax Authority Updates Treatment of Crypto Assets to Incorporate Staking
This marks the first time that HMRC has released guidance specifically describing how staking is treated for taxation purposes. It has been assumed previously that staking comes under the umbrella of mining, thus the same guidance has applied.
McLaren Partners With Turkish Crypto Firm to Launch Formula 1 Fan Token
The McLaren token will be issued in the coming months on Bitci.com's native blockchain.
Payments Firm Wirex Pauses New Customer Onboarding on FCA Orders
The crypto-friendly firm will use this pause to strengthen its anti-money laundering controls.
'Thrill' and 'Status' Driving Young People to Crypto Investment, Says UK Financial Watchdog
These young investors "skew more towards being female, under 40 and from a BAME background," the regulator said.
UK Crypto Trade Group Calls for Action Over Chronic Delays to FCA Registrations
Only four out of 200 crypto businesses' applications to the FCA's Money Laundering Registration regime have seen a decision, said CryptoUK.
Bybit to Suspend Services for UK Customers After FCA Crypto Derivatives Ban
Bybit said it will no longer be providing its services following the Financial Conduct Authority’s (FCA) ban on crypto derivatives.