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UK
Even Unpaid Social Media Crypto Promotions May Breach UK Ad Rules: Financial Regulator
The Financial Conduct Authority (FCA) gained oversight of crypto promotions with the approval of the Financial Services and Markets Act last month.
UK's New Online Safety Bill Applies to the Metaverse, Lawmakers Agree
The bill, nearing approval, has measures to prevent children from experiencing harm online.
UK Treasury Starts Consultation on Five-Year Digital Securities Trial
The pilot will relax regulations for digital bonds and equities – but not unbacked crypto, like bitcoin or ether.
UK Lords Pass Bill to Help Seize and Freeze Crypto Used for Crime
The bill, introduced in September, now enters its final stages in Parliament.
FTX Bankruptcy Claims Deadline; UK Crypto, Stablecoin Rules Passed Into Law
“CoinDesk Daily” host Jenn Sennasie dives into some of the hottest stories in crypto, including Germany’s financial watchdog reportedly denying Binance a custody license. A UK bill is giving regulators the power to supervise crypto and stablecoins becomes law. And, a closer look at how the founder of Damus is reacting to the conclusion of a two-week battle with Apple over bitcoin tips.
UK Crypto, Stablecoin Rules Receive Royal Assent, Passing Into Law
The Financial Services and Markets Act 2023 classifies crypto as a regulated financial activity.
UK Needs Bespoke Legal Framework for Using Crypto as Collateral: Law Commission
The Commission, funded by the Ministry of Justice, also pushed for legislation to treat crypto as a new type of property in its latest set of recommendations.
Digital Pound Should Be Interoperable With Crypto, UK Lobbyists Say
Stakeholders also want the Bank of England to consider tougher caps on individual digital pound holdings to prevent bank runs.
UK Crypto, Stablecoin Laws Approved by Parliament's Upper House
The Financial Services and Markets Bill stands to recognize crypto as a regulated activity and stablecoins as a means of payment under existing laws.
UK Financial Watchdog Cancels Binance Permissions on Firm's Request
U.K.'s Financial Conduct Authority said Binance's local unit is no longer authorized to provide any regulated services in the country.
