UK


Policy

Law Commission of England and Wales Sees Crypto as a New Type of Property

Changing personal property law to cover crypto and NFTs could protect investors against losses through hacks and system failures, the commission says.

The U.K. Law Commission wants crypto and NFTs to be treated as personal property. (Reinaldo Sture/Unsplash)

Policy

UK Markets Bill Extends Banking Rules to Crypto Assets

The U.K. introduced the bill, which also addresses stablecoins, to Parliament earlier Wednesday, but lawmakers won’t take up the measure until later in the week.

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Policy

UK Regulators to Introduce Rules for Stablecoins in New Markets Bill

The much-anticipated financial services and markets bill to be presented to Parliament includes rules for the use of stablecoins as a means of payment.

U.K. financial regulators are set to introduce rules for stablecoins as payment tools to Parliament. (Scott E Barbour/Getty Images)

Policy

UK Court Allows Serving Legal Documents Via NFTs

The ruling will allow legal proceedings against otherwise anonymous persons through their wallet addresses.

La corte del Reino Unido permite demandar a través de NFTs. (Sasun Bughdaryan/ Unsplash)

Policy

UK Lawmakers Start Inquiry Into Crypto Use

Parliament's Treasury Committee is requesting evidence on matters such as the possibility of digital currencies replacing fiat money and the effect of crypto on social inclusion.

City Minister John Glen follows his boss Rishi Sunak out of the Treasury. (Drop of Light/Shutterstock)

Policy

Policy Makers Should Get On With Regulating Crypto, BOE’s Cunliffe Says

The Bank of England’s deputy governor said regulators should accelerate crypto rulemaking. If certain risks involving crypto can’t be managed, related activities must be stopped.

The Bank of England (Robert Bye/Unsplash)

Finance

Hong Kong Regulator Ashley Alder to Head UK Financial Supervisor

He leaves a legacy of mixed crypto regulations in Hong Kong that saw crypto exchange FTX depart the city and retail investors largely excluded.

Ashley Alder will become chair of the U.K.'s FCA next year. (H.K. Securities and Futures Commission)

Policy

Johnson's Exit as British Prime Minister Leaves UK Crypto Ambitions on Hold

Most likely replacements have been relatively quiet about their views on Web3.

U.K. Prime Minister Boris Johnson on Thursday (Carl Court/Getty Images)

Policy

Boris Johnson to Quit as Pressure From Ministerial Resignations Mounts

The departure of the U.K. prime minister is likely to delay the country's plans to create a friendly environment for crypto.

U.K. Prime Minister Boris Johnson resigned amid a scandal that prompted about 60 members of government to quit in protest. (Dan Kitwood/Getty Images)

Policy

UK to Introduce Legislation on Stablecoins by August: BoE’s Cunliffe

There’s been at least a bit of delay in the framework thanks to recent resignations from Prime Minister Boris Johnson's government.

(Peter Dazeley/Getty images)