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UK crypto industry publishes Travel Rule navigation guide

[Jun 6 4:56 AM] The Travel Rule requires crypto businesses to collect, verify and share information about digital asset transactions with another crypto company.

UK Approves First Physically Backed Bitcoin and Ethereum ETPs for Listing on London Stock Exchange

[May 24 3:37 PM] The Financial Conduct Authority (FCA), the UK’s top financial regulator, has approved physically backed bitcoin and ethereum exchange-traded products (ETPs) for listing on the London Stock Exchange for the first time. “FCA approval in…

BoE regulatory 'culture shift' could open door to new tech

[May 22 6:20 AM] The Bank of England's proactive regulatory shift aims to integrate emerging technologies, highlighted by the introduction of the Digital Securities Sandbox.

Bitcoin ETPs Get Approval to List on the London Stock Exchange

[May 22 5:40 AM] The UK's Financial Conduct Authority (FCA) has approved asset manager WisdomTree to list Bitcoin and Ethereum exchange-traded products (ETPs) on the London Stock Exchange (LSE). BREAKING: Financial Conduct Authority has approved #Bitcoin ETPs toâ

London Stock Exchange Set to List Crypto ETPs for First Time

[May 22 4:09 AM] WisdomTree's Physical Bitcoin (BTCW) and Physical Ethereum (ETHW) are expected to list on the LSE to professional investors on May 28

UK Shuts Down Crypto Advisory Firm for Misleading Investors and Poor Financial Records

[May 19 3:34 AM] The UK government announced this week that the Insolvency Service has secured a winding-up order against cryptocurrency advisory firm Amey Finance Academy Ltd at the High Court. The company, created by Desmond Amey in 2018, claimed to offer…

FCA crypto regulators will take the best from TradFi and DeFi, says exec

[May 8 6:44 AM] The United Kingdom’s FCA has been combining different approaches to regulating the crypto market to see which one would work best.

Crypto Was One of the Biggest Money Laundering Risks in 2022-2023: UK Govt. Report

[May 1 4:49 AM] Between 2022 and 2023 Crypto alongside retail banking, wholesale banking and wealth management posed the greatest risk of being exploited for money laundering, a report by the U.K. Treasury department showed.

Protecting Crypto Users Is More Important Than Faster UK Registration: FCA Executive

[Apr 18 9:00 AM] Members of the industry have complained that the regulator takes too long to approve crypto applications.

UK Regulators Publish Draft Guidance on Digital Securities Sandbox Open to DLT

[Apr 3 8:42 AM] The DSS will last five years and could lead to a new regulatory regime for securities settlement.

UK Ad Rules Apply to Influencers, Crypto Memes, Regulator Confirms in New Guidance

[Mar 27 10:05 AM] "The use of memes in promotions is particularly prevalent in the crypto-asset sector," the FCA's guidance said.

UK Regulator FCA Plans to Deliver a Market Abuse Regime for Crypto This Year

[Mar 19 4:31 AM] The U.K. has been refining it approach to regulating the crypto sector.

Cleartoken Secures $10M in Funding to Pioneer UK’s First Digital Asset Clearing House

[Mar 13 3:30 PM] On Monday, the crypto clearing house startup Cleartoken revealed that it raised $10 million from strategic investors including Nomura’s Laser Digital, Flow Traders, and LMAX Digital. Cleartoken Nets $10M to Launch U.K. Digital Asset Clearing…

NFT Providers May Need Registration to Comply With UK Money Laundering Rules

[Mar 12 10:37 AM] The U.K. started a consultation on its money laundering rules on Monday.

UK’s FCA Opens the Door for Institutional Investors to Build Crypto-Backed ETN Market

[Mar 11 2:11 AM] Products would be available to professional investors while retail consumers remain banned, the regulator said.

Bitcoin Jumps Over $71K; FCA Lets Institutional Investors Create Crypto ETNs

[Mar 11 1:24 AM] The leading cryptocurrency had crossed $70,000 for the first time ever last week.

UK Minister Expects Stablecoin and Staking Legislation Within Six Months: Bloomberg

[Feb 20 12:55 AM] UK Economic Secretary to the Treasury Bim Afolami has said the UK government was "pushing very hard" to bring legislation for stablecoins and staking services for crypto assets within six months, according to a Bloomberg report.

New UK Rules Cause Consternation for Bitcoiners

[Feb 14 10:45 AM] The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now…

UK Financial Watchdog Issued 450 Alerts on Illegal Crypto Promotions in Last Three Months of 2023

[Feb 14 4:54 AM] The Financial Conduct Authority said firms approving ads need to take their regulatory obligations seriously.

Banxa, Payments Partner for Binance and OKX, Lands on UK Crypto Register

[Feb 13 6:38 AM] BNXA UK VASP is the first firm to land on the Financial Conduct Authority's crypto register this year.

FCA Has Dealt With 1,400 Cases Related to Unregulated Crypto Activity, UK Regulator Reveals

[Dec 12, 2023 11:00 PM] The U.K. Financial Conduct Authority (FCA) has revealed that it has dealt with over 1,400 crypto cases between January 2020 and June 2023. The regulator noted that “a shortage of crypto skills meant the FCA took longer than planned to…

FCA Slow to Take Crypto Enforcement Action, UK's Public Spending Watchdog Says

[Dec 11, 2023 12:01 PM] Even when the financial regulator has the power to act, years can go by before it takes enforcement action, the U.K.'s National Audit Office said.

UK FCA crypto skills gap is causing slow enforcement, says National Audit Office

[Dec 10, 2023 12:06 AM] The National Audit Office emphasized that it took nearly three years for the UK Financial Conduct Authority to address illicit activity in crypto ATMs across the country.

UK Regulator Welcomes Fund Tokenization Plan Proposed by Industry Leaders

[Nov 27, 2023 5:48 AM] The FCA is currently exploring whether it could determine money laundering registration applications more quickly for firms already authorized, the report said.

UK regulator advocates for asset managers to tokenize funds

[Nov 24, 2023 8:09 PM] The United Kingdom's financial regulator has endorsed a blueprint model designed to facilitate the tokenization of funds for asset management firms.

UK’s Tough Crypto Regulator FCA Won’t Go Easy on Stablecoins, Official Says

[Nov 8, 2023 9:50 AM] The Financial Conduct Authority (FCA) on Monday published a discussion paper with proposals for a stablecoin regime. Though the country’s Conservative government has said it wants the U.K. to be a crypto hub and has managed to push through…

UK Financial Watchdogs Publish Plans to Regulate Stablecoins

[Nov 6, 2023 3:27 AM] The U.K. government published plans for regulating crypto last week.

UK Regulator Publishes Guidance for Crypto Marketing Regime

[Nov 2, 2023 5:07 AM] The Financial Conduct Authority’s new ad regime took effect in October.

Paypal Achieves FCA Registration in the UK, Paving the Way for Crypto Services Resumption in 2024

[Nov 2, 2023 1:30 AM] The payments giant Paypal has successfully achieved registration with the Financial Conduct Authority (FCA) in the United Kingdom, a fact verified by the FCA’s website on October 31. This move comes shortly after Paypal’s temporary cessation of…

Upcoming UK Rules for Crypto Ad Approvers Spell Uncertainty for Industry

[Nov 1, 2023 5:02 AM] Those approving ads for other crypto companies are already facing regulatory scrutiny – and will soon need new permissions to continue.