United Kingdom News
British Fintech Giant Revolut Eyes APAC Expansion as Australian Spending Soars
It’s been a positive start to 2024, with several key financial institutions entering the crypto scene. British payment goliaths Revolut ha...
London Stock Exchange Lists Bitcoin and Ethereum ETPs, Begins Trading
The institutional adoption of crypto continues – last week’s approval for the listing of Spot Ethereum ETFs by US regulators has been we...
UK Police Secure New Powers To Seize Crypto Assets From Suspects Without Making Arrests
Police in the United Kingdom (UK) can now seize crypto assets from suspects without making any arrests. New legislation came into effect on ...
Online Pirated Streaming Content Witnesses Surge in Crypto Payments Between 2019 and 2023: Chainalysis
Crypto assets are increasingly being used to pay for pirated online streaming content, according to the blockchain analysis firm Chainalysis...
UK Authorities Will Have Power To Confiscate Crypto Assets From the Public by End of April
The UK government just released documentation notifying that the country’s law enforcement will soon have the power to seize crypto assets...
UK Stablecoin and Crypto Staking Rules Ready in Six Months, Says Econ Secretary
The UK government will introduce new regulations for stablecoins and crypto staking services within the next six months, according to Econom...
Bitfinex Halts Deposits for UK Individuals Amid Regulatory Clampdown on Exchanges
Cryptocurrency exchange Bitfinex has announced that customers in the United Kingdom can no longer increase their crypto portfolios on the ex...
OKX Puts Users to the Test to Comply With New UK Crypto Regulation
The crypto exchange OKX will ask UK consumers a series of questions to test their crypto knowledge and risk management. If the users fail th...
UK plan on digital securities sandbox laid before Parliament
The United Kingdom Financial Services and Markets Act’s provisions on a digital securities sandbox are scheduled to come into force in Jan...
Majority of UK MPs ‘lack crypto knowledge,’ says industry association
The self-regulatory trade association CryptoUK has reported roughly 5% of all Members of Parliament (MPs) in the United Kingdom have publicl...
UK asset manager M&G invests $20M in Bitcoin derivatives exchange
The investment arm of UK-based pension fund M&G has invested $20 million in the country’s first regulated Bitcoin BTC $42,114 derivati...
UK Financial Watchdog Warns About Justin Sun’s Poloniex Crypto Exchange
Justin Sun’s crypto exchange, Poloniex, has come under the radar of the UK Financial Conduct Authority (FCA) for offering financial servic...