UK


Policy

UK Crime Bill Lets Cops Freeze Crypto Faster, Channels Tainted Assets to Public Funding

The Economic Crime and Corporate Transparency Bill set to become law later this year removes some legislative hurdles that slow local cops from freezing crypto linked to crime, CoinDesk was told.

Police (King's Church International / Unsplash)

Finance

Crypto Exchange Bybit 'Exploring All Options' to Stay in UK: CEO

Companies like Luno and PayPal have halted certain crypto operations in the country in response to regulations set to take effect next month.

Bybit withdraws from France (Mantas Hesthaven / Unsplash)

Policy

Incoming BOE Deputy Governor Highlights Crypto Risks, Cites Benefits at Parliamentary Hearing

There are benefits to crypto technology, and the digital pound could anchor digital money, Sarah Breeden said.

Sarah Breeden (Camomile Shumba / CoinDesk)

Finance

Luno to Halt Some UK Clients From Investing in Crypto as Regulation Looms

The U.K. Financial Conduct Authority crypto promotion rules will be effective by October 8.

Luno logo (Luno)

Policy

U.K. Crypto Firms Can Apply for 3-Month Reprieve to Comply With Tough New Ad Rules

Bans on aggressive marketing were set to take effect in October, but companies can apply to delay some aspects until January.

FCA building with logo (FCA)

Finance

Crypto Exchange Kraken's UK Derivatives Unit Looking to Expands Its Service: Bloomberg

The firm is looking move into a void in the crypto derivatives market left when FTX collapsed last November.

Página de inicio del sitio web de la Autoridad de Conducta Financiera para la organización de regulación financiera del Reino Unido. (Shutterstock)

Policy

U.K.’s Travel Rule Troubles Showcase Global Challenge for Crypto

U.K. crypto firms have just days to comply with new anti-money laundering requirements – but they are seeking more guidance given patchy implementation of the controversial FATF rule between jurisdictions.

Cracked globe (Mike Kemp / Getty Images)

Policy

UK ‘Travel Rule’ Won’t Completely Nix Transfers to Noncompliant Places, FCA Says

Companies such as PayPal are already halting their crypto payments services in the U.K. as a result of tighter regulations.

UK United Kingdom British England Flag (Unsplash)

Policy

UK Crypto Incentives Ban Could Drive Firms Out of Country, Lobbyists Say

Lobby group CryptoUK called for more clarity from the FCA on guidance for upcoming crypto ad rules.

UK United Kingdom British England Flag (Unsplash)

Policy

U.K. Move to Digitize Trade Documents Could Rely on Blockchain, Government Says

The Electronic Trade Documents Act, set to take effect later this year, could make use of blockchain tech to improve security and reduce costs.

Trade (Ian Taylor/Unsplash)