United Kingdom News
Kraken Recruits Fintech Veteran to Spearhead UK Expansion
Kraken has appointed Bivu Das as the new managing director for its UK operations. This decision is a key part of the crypto exchange’s str...
UK Government Can Now Snatch Your Cryptos
With the new Economic Crime and Corporate Transparency Act, the UK government has taken a big step to fight economic crime in the crypto mar...
Why UK PM Does Not Want to Rush AI Regulations
The Prime Minister of the UK, Rishi Sunak, has stated that he does not want to rush to regulate artificial intelligence (AI) as the country ...
New UK Bill Strengthens Authorities Ability to Seize Illicit Crypto
UK lawmakers green-lit the Economic Crime and Corporate Transparency Bill today, a new piece of legislation aimed at tackling a wide range o...
Crypto firms have already breached new UK promo rules 221 times, says FCA
Crypto-promoting firms have breached the United Kingdom’s new crypto marketing rules at least 221 times since coming into force in early O...
UK’s FinProm a welcome change, but challenge persists: Transak compliance head
On Oct. 8, the United Kingdom’s Financial Conduct Authority (FCA) imposed new marketing rules compelling cryptocurrency firms to promote t...
Key Binance UK Departure Throws Future Into Turmoil
Binance UK CEO Jonathan Farnell has reportedly stepped down after the UK’s Financial Conduct Authority (FCA) increased the compliance burd...
Compliance Firms Boosted by New UK Crypto Rules
Global crypto exchanges looking to abide by new UK advertising rules are increasing demand for compliance advisers. Three such companies are...
Report Highlights US, India and UK as Leading Crypto Economies
Leading crypto and blockchain analysts, Chainalysis, have released an excerpt of their 2023 Geography of Cryptocurrency Report, scheduled fo...
UK’s $252B in Crypto Activity Dominated by DEX Trading, NFT Swapping: Chainalysis
Central, Northern, and Western Europe (CNWE) has cemented its status as a global powerhouse in the cryptocurrency space, with the United Kin...
Crypto ‘Endemic’ Funds ‘Drugs, Guns, & Girls’ in the UK: Met Police Detective
The Metropolitan Police and the National Crime Agency (NCA) in the UK are intensifying their focus on crypto-related crime, mirroring the ri...
UK’s ‘Help with Fees’ scheme won’t define crypto as disposable income
British citizens that hope to access legal assistance through the proposed ‘Help with Fees’ (HwF) scheme will not have cryptocurrency ho...