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UK
Crypto Remains a Priority for UK Under New Leader, Drawing Industry Excitement
Industry advocates in the country worried previous finance minister Rishi Sunak's crypto plans wouldn't pan out, especially after his recent defeat in the race for prime minister.
Crypto Exchange FTX Not Authorized in UK, Financial Watchdog Warns
However, FTX told Bloomberg it believes a scammer is impersonating the company.
Venture-Capital Firm Northzone Raises $1B Fund for Fintech, Web3 Investments
Web3 is a "core sector" for the firm, one Northzone partner told the Block.
With New Prime Minister, UK Still Wants to Be Crypto Hub: Treasury Official
Economic Secretary Richard Fuller took part in a parliamentary debate on digital assets two days after Liz Truss was officially named the country's prime minister.
'Love Island' Twins' Crypto Instagram Posts Misled Viewers, UK Ad Authority Says
Instagram influencers have to explain the risks when promoting crypto investments, the country’s advertising regulator said.
UK’s Truss Picks Kwasi Kwarteng to Be Finance Minister
Since 2021, Kwarteng has overseen the government’s business, energy and industrial strategy department, which has supported blockchain innovation.
UK Crypto Firms Must Now Report Sanctions Breaches, Freeze Accounts
The U.S. and European Union have also extended sanctions rules to crypto since Russia’s invasion of Ukraine gave way to heightened concerns over the use of digital assets to circumvent restrictions.
Revolut Said to Be Under Pressure From Regulator Over Risk of 'Material Misstatement' in Auditing: Report
The auditor of Revolut, a digital bank that earns up to 10% of revenue from crypto trading, was criticized by the U.K. accountancy and auditing watchdog, the Financial Reporting Council (FRC).
Liz Truss to Become UK Prime Minister After Winning Conservative Party Leadership
Truss has revealed little about her stance on crypto save for two statements that indicate she may be open to innovative-friendly regulation.
What to Expect From the UK’s Royal Mint NFT Collection
Tokens endorsed by the U.K. government must come with perks to succeed, industry members say.
