UK


Policy

Binance’s Lack of Transparency on FTX Bid Could Influence UK Lawmakers' Crypto Recommendations: Report

Treasury Committee member Alison Thewliss said Binance's submissions on its role in the collapse of rival crypto exchange FTX were not detailed enough.

The U.K. Parliament. (Paul Silvan/Unsplash)

Policy

Binance Denies Accusation From UK Lawmaker That It Deliberately Sank FTX

The exchange pointed to a CoinDesk article that set off a series of events that led to FTX's bankruptcy filing.

FTX CEO Sam Bankman-Fried and Binance CEO Changpeng "CZ" Zhao (CoinDesk)

Policy

DAO Legal Reforms in Spotlight as UK Law Commission Seeks Views

A consultation published today looks at issues like governance, structure, money laundering and taxes.

The U.K. body is probing the legal status of DAOs. (alengo/Getty Images)

Policy

Crypto Industry Participants Field Questions from UK Lawmakers After FTX Collapse

In an evidence inquiry session on crypto held by the Treasury Committee, the group addressed negative questions, with some calling for more regulatory clarity.

Crypto representatives testifying at Treasury Committee (UK Parliament)

Policy

UK’s Crypto Future Is Bright No Matter Who’s in Charge, Lawmaker Says

Member of Parliament Lisa Cameron’s cross-party group for digital assets is working to ensure crypto regulations remain apolitical amid all the changes in leadership.

U.K. member of Parliament Lisa Cameron (Camomile Shumba/CoinDesk)

Finance

UK Asset Management Giant Abrdn Leads Archax $28.5M Funding Round

Archax is now working on a range of crypto exchange-traded products.

(Shutterstock)

Policy

UK Lawmakers Will Hold Inquiry to Explore NFT Regulation

U.K. members of Parliament are afraid that NFT speculation may be a "bubble."

(Chris Lawton/Unsplash)

Policy

Proposed UK Rules Will Make Advertising Crypto a Lot Harder, Industry Warns

Industry members are sounding the alarm on a proposed measure to require crypto service providers to comply with local advertising rules, which could add an additional layer of authorization to an already complex process.

Advertisements in London's metro (Dwayne Paisley-Marshall/Unsplash)

Policy

UK Powers to Regulate Crypto Ads Approved by Lawmaker Committee

All kinds of unregistered crypto providers could also be outlawed by the rules – not just stablecoin issuers.

Coinbase ad on London Underground (Tube). August 2021. (Sheldon Reback/CoinDesk)

Finance

Digital Bank Revolut to Allow Customers to Make Purchases With Crypto Balances

The fintech firm recently won registration from the U.K.'s financial regulator to offer crypto services.

Revolut is adding a crypto spending feature to its app. (A. Aleksandravicius/Shutterstock)