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Global Crypto Advocacy Movement Reaches Canada

[Jul 13, 2024 2:17 AM] Stand with Crypto, a global movement advocating for sensible crypto innovation and policy, has expanded to Canada. Originating in the U.S. with over 1.1 million advocates, the movement is now active in the UK and aims to amplify Canadian voices…

DAO-Specific Legislation Isn't Needed Yet, English Legal Body Says

[Jul 11, 2024 6:55 AM] The Law Commission said decentralized autonomous organizations appear to fall under existing laws for the time being.

UK High Court Grants Worldwide Freezing Order Against Craig Wright

[Jul 6, 2024 9:25 AM] The UK High Court has granted a Worldwide Freezing Order (WFO) against Craig Wright, amounting to £1.548 million (approximately $1.98 million). This decision stems from Peter McCormack’s application, which argued for the necessity of the WFO…

Labour Landslide Sets Up Starmer as UK Prime Minister With Unstated Crypto Plans

[Jul 4, 2024 11:01 PM] While the industry was not mentioned in the party's manifesto or on the campaign trail, Labour has said it will support tokenization and a central bank digital currency.

Ahead of the U.K. Election, Major Parties Remain Silent on Crypto Issues

[Jul 3, 2024 5:06 AM] The U.K. is set to hold its first election in five years on Thursday and crypto is not a campaign-trail issue.

U.K.'s Next Government Must Act Fast to Regulate (and Retain) Crypto Firms

[Jun 27, 2024 10:26 AM] The likely victorious Labour party has taken no stance on digital assets. This needs to change quickly, writes Laura Navaratnam of the Crypto Council for Innovation.

Strike Expands Bitcoin and Lightning Services to the UK

[Jun 26, 2024 3:13 AM] Strike has announced its expansion into the United Kingdom. This move allows individuals and businesses in the UK to access Strike’s suite of Bitcoin and Lightning Network services. The features include buying, selling, sending, and…

Bitcoin Payments App Strike Enters UK as Global Expansion Rolls Out

[Jun 25, 2024 4:00 AM] The payments firm now operates in over 100 countries and territories globally.

Julian Assange freed from jail after plea deal with US

[Jun 24, 2024 5:32 PM] The Wikileaks founder is expected to plead guilty to one U.S. charge and be sentenced for time served in a U.K. prison.

UK Crackdown: Illegal Crypto Exchange Operators Arrested in £1 Billion Trading Bust

[Jun 20, 2024 8:36 PM] The UK Financial Conduct Authority (FCA), in collaboration with the Metropolitan Police Service, conducted an operation leading to the arrest of two individuals, aged 38 and 44, suspected of running an illegal crypto asset exchange. It is believed…

UK Regulator FCA Arrests Two People Associated With 1B-Pound Illegal Crypto Business

[Jun 20, 2024 6:14 AM] The two suspects were interviewed under caution by the FCA and then released on bail.

Bitcoin Now Accepted At South London's Tooting Market

[Jun 19, 2024 10:48 AM] Established in 1930, Tooting Market in South London is an iconic indoor market and the UK's first food market.It has garnered accolades such as Best Small Indoor Market at the 2017 Great British Market Awards and Tooting is listed among Lonely…

Britain’s public healthcare chief flags rise in crypto trading addiction

[Jun 12, 2024 8:24 PM] NHS boss Amanda Pritchard called for action, saying specialist clinics are seeing a rise in young people with crypto trading addictions.

India Repatriates 100 Tonnes of Gold From UK, Aims to Move More

[Jun 3, 2024 7:36 PM] According to local media reports, the Reserve Bank of India has repatriated 100 tonnes of gold that was held in the vaults of the Bank of England. The operation, carried out in special circumstances due to the quantity of gold moved, may be…

UK Sentences Woman to Prison for Laundering Bitcoin After Police Seize 61K BTC

[May 25, 2024 5:20 AM] A woman has been sentenced to nearly seven years in prison for laundering bitcoin tied to a £5 billion fraud in China. Authorities seized over 61,000 bitcoin during their investigation, now worth over $4 billion. The woman denied all charges…

How to trade crypto in the UK using Revolut X

[May 17, 2024 7:08 AM] Uncover the step-by-step process for moving fiat from the Revolut banking app into the Revolut X application and trading cryptocurrencies.

UK Minister Says Government Only Has Time to Implement Stablecoin, Staking Legislation

[May 8, 2024 5:41 AM] Economic Secretary Bim Afolami said that the government could put through stablecoin and staking legislation in the coming weeks but will outline was is coming later.

Revolut debuts dedicated crypto exchange for UK users

[May 7, 2024 3:05 AM] Revolut announced its new Revolut X crypto trading platform for U.K. retail users, which it claims will offer fixed low fees and easy fiat-to-crypto conversion.

UK Local Elections Show Swing to Labour With General Election Pending

[May 3, 2024 5:42 AM] The government, which has adopted a pro-crypto stance, must hold a general election by end-January.

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

[May 1, 2024 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.

UK Law Enforcement Agencies Can Now Seize Crypto More Easily as New Rules Take Effect

[Apr 25, 2024 5:01 PM] New powers that will help law enforcement agencies seize crypto used for crime came into effect on Friday, the U.K Home Office said in a press release.

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

[Apr 18, 2024 9:00 AM] Members of the industry have complained that the regulator takes too long to approve crypto applications.

UK Lawmakers Call for Govt to Develop Crypto, Blockchain Skills Pipeline

[Apr 17, 2024 4:06 AM] Member of Parliament Lisa Cameron called for the government to ensure that all stages of education and the workplace develop digital skills.

UK to Issue New Crypto, Stablecoin Legislation by July, Minister Says

[Apr 15, 2024 4:17 AM] The country passed a landmark bill in June that laid the foundation for stablecoins and other crypto to be treated as regulated financial activities.

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

[Apr 3, 2024 8:42 AM] The DSS will last five years and could lead to a new regulatory regime for securities settlement.

Craig Wright Assets Frozen by UK Judge to Prevent Him Evading Court Costs

[Mar 29, 2024 5:35 AM] Judge James Mellor found earlier this month that Wright was not, as he'd claimed, Bitcoin inventor Satoshi Nakomoto

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

[Mar 27, 2024 10:05 AM] "The use of memes in promotions is particularly prevalent in the crypto-asset sector," the FCA's guidance said.

UK Govt-Backed Report Urges Firms to Execute Tokenization Strategies

[Mar 26, 2024 6:59 AM] The Technology Working Group's report says firms need to be able to settle transfers on the blockchain via digital money and that funds should be allowed to hold tokenized assets.

London Stock Exchange Will Start Market for Bitcoin and Ether ETNs May 28

[Mar 25, 2024 11:30 AM] The stock exchange will accept applications for trading bitcoin and ether crypto exchange traded notes from April 8.

Guilty Verdict for Woman Accused of Laundering Bitcoin Tied to Alleged $6B China Fraud: Bloomberg

[Mar 20, 2024 10:32 AM] Police in the U.K. seized over 1.7 billion pounds ($2.2 billion) worth of related bitcoin in 2018.