The alleged theft of 2,323 bitcoin has triggered a High Court dispute testing how English property law applies to digital assets.
The Gambling Commission said there is increasing searches and consumer demand for crypto payments in the United Kingdom, which sometimes leads them to illegal websites.
Regulatory delays risk blunting Britain’s digital asset push, said Andrew MacKenzie, head of the pound-pegged stablecoin developer.
U.K. officials say banks must treat crypto businesses fairly as final regulation nears.
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The ASA banned Coinbase adverts concluding they imply crypto could ease the country's cost-of-living crisis.
A crypto lobby group said it found "increased hostility" from British banks, casting a shadow over the global cryptocurrency leadership the country said it is vying for.
The UK regulator said crypto firms must ensure good outcomes for customers without stifling innovation.
They argue that cryptocurrency's opacity and traceability issues make it a threat to democratic integrity, citing an intelligence report election interference.
The crypto payments app joins a growing group of regulated firms as stablecoin transfers gain traction as a cross-border alternative.
About 21% of people surveyed by the Financial Conduct Authority said they hold between $1,345 and $6,718, and the most popular cryptos are bitcoin and ether.
The U.K. released new guidelines that include rules for crypto exchanges to start providing the British tax authority with full customer information on all their digital assets.
The proposal, with input from major industry players, aims to bring tax rules in line with how DeFi works, reducing outcomes that don't reflect reality.
The UK government is moving quickly toward a centralized digital ID system without the technological or legal safeguards to protect against authoritarianism or cybercrime.
The FCA’s reversal of a ban after four years marks more than a regulatory tweak, with some industry voices calling it a turning point for Britain’s role in global crypto markets.
Cryptocurrency goes mainstream in the UK. British businesses must introduce crypto solutions.
Only 54% of the 1,702 alerts issued by the United Kingdom’s Financial Conduct Authority resulted in illegal crypto ads being taken down.
The UK FCA previously said that almost 90% of annual crypto license applications had failed as of September.
A UK court ruled in March that Craig Wright was not Bitcoin creator Satoshi Nakamoto, but he continued to file lawsuits “based on asserted intellectual property rights.“
The UK Financial Conduct Authority said “Retardio” is not authorized to provide financial services in the country.
The United Kingdom’s financial watchdog has blocked Pump.fun following a warning that the firm is not authorized in the country.
Amrita Srivastava, who worked at Binance from 2022 to 2023, alleged reporting a bribe at the crypto exchange resulted in her dismissal.
Central banks face mounting pressure to innovate, or risk falling behind in the digital currency race, with implications for national security and financial stability.
MoonPay Balance will support deposits and withdrawals in euros and British pounds, with future plans to expand to the US.
Bitget’s app relaunch in the UK comes a few months after the exchange restricted its website in the UK in accordance with the Financial Promotions regime in May 2024.
Cartwright reported that an “unnamed scheme” based in the UK had made a 3% allocation of Bitcoin into its pension fund.
The proposed legislation would create an additional property category under UK law, identifying digital assets as “things.”
A study from August 2023 suggested there were more than 50 UK-based quantum technology startups.
The $4.5 million fine could signal the start of more scrutiny for crypto exchanges in the region.
Christen Ager-Hansen told Cointelegraph that he warned his former colleagues, including Craig Wright and financial backer Calvin Ayre, against going to court.
After 14 years, Labour is in control of the UK government. Chancellor of the Exchequer Rachel Reeves may have discretion to use the country's Bitcoin holdings for the party's goals.