United Kingdom news articles
FCA Fines Investment Firm $7.8 Million for Anti-Money Laundering Failures
The UK Financial Conduct Authority (FCA), which has been taking aggressive steps to clarify and enforce the rules of the road for asset mana...
Crypto Mining Blamed for Record UK Electricity Theft
Reports claim electricity theft has increased by over 75% since 2012 in the United Kingdom. Crypto mining, cannabis farms, and high cost of ...
Weekly Roundup 29.09
Chase U.K. Customers Face Restrictions on Crypto Transactions From October 16, Chase Bank’s UK customers will face restrictions on cry...
Kraken Plans to Offer Trading of US and UK Stocks
Crypto exchange Kraken plans to diversify its assets with a bold venture into stock offerings. A new division of the firm, Kraken Securities...
JP Morgan’s Retail Bank Chase to Stop UK Customers from Making Crypto Transactions
JPMorgan’s UK-based retail bank, Chase, will prohibit its customers from conducting cryptocurrency transactions starting October 16.&n...
One of UK’s Biggest Banks Bans Crypto Payments
JPMorgan’s Chase UK bank will prohibit crypto payments from Oct. 16 amid a growing wave of scams targeting UK consumers. The company will ...
European Parliament Calls for Tighter Oversight of Global Cryptocurrency Market
The potential for regulatory arbitrage and the decentralized nature of certain crypto assets underscore the need for some level of harmoniza...
Bybit Bows Out of UK Market After Stifling New FCA Crypto Regulations
Bybit, a leading cryptocurrency exchange, has announced its decision to suspend operations in the UK following the introduction of the Finan...
Former Copper Exec Takes on UK Crypto Rules With New Startup
Carly Nuzbach Lowery, a former employee of crypto custody firm Copper, has launched a company to help UK crypto firms comply with new advert...
UK Financial Watchdog Put Under ‘Political Pressure’ to Allow Crypto Firms to Trade
The former head of the UK’s Financial Conduct Authority (FCA), Charles Randell, said he was politically pressured to welcome crypto firms....
Ex-FCA Chair: UK Regulator Faced ‘Political Pressure’ to Welcome Crypto Firms
One of the UK’s leading regulators, the Financial Conduct Authority (FCA), allegedly came under “political pressure” to approve crypto...
UK Crime Bill Lets Cops Freeze Crypto Faster, Channels Tainted Assets to Public Funding
The Economic Crime and Corporate Transparency Bill set to become law later this year removes some legislative hurdles that slow local cops f...