What a return to Labour could mean for crypto policy in the UK

What a return to Labour could mean for crypto policy in the UK
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2024-5-23 12:47

The United Kingdom will hold its first election in five years, potentially changing the landscape of crypto policy in the region. On May 22, British Prime Minister Rishi Sunak announced that the United Kingdom elections will be held on July…

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2019-8-8 16:15


British Tax Division Resorts to Gathering Intel From Crypto Exchanges To Find Tax Evaders

The tax authority of the United Kingdom, HM Revenue & Customs, has recently revealed that it is about to take data from exchanges in order to get unpaid taxes. Three major exchanges, CEX.IO, Coinbase, and eToro, received letters last week that demanded them to give information about their customers to the government. According to reports, […]

2019-8-7 22:49


Facebook’s Libra Continues To Receive Worrisome Outlooks From Global Finance Regulators

Libra, the cryptocurrency project headed by Facebook and the Libra Association, is getting heat from several privacy and data protection regulators around the world. According to recent reports made by The Block Crypto, regulators from countries such as the United States, Canada, United Kingdom, Australia and the European Union are all concerned about Libra and […]

2019-8-7 22:35


UK Regulator Officially Issued Guidance on Bitcoin and Crypto Assets, Specifically for Security Tokens

The United Kingdom was working to find some clarity on their cryptocurrency policies through the last year, which they promised to deliver. The financial watchdog in the UK, the Financial Conduct Authority (FCA) has now published a report to update the public on the state of the cryptocurrency industry within the UK, according to The […]

2019-7-31 22:35


Фото:

Small Nations Attracting Crypto Startups with Amenable Regulations 

While large nations like the United States, the United Kingdom, and others are still sitting on the fence in terms of cryptocurrency regulations, smaller nations such as Malta, Belarus, Bahrain, and others have implemented clear cut guidelines for bitcoin-linked businesses, making these regions a hotbed for startups, reports Reuters on July 29, 2019.

2019-7-30 23:00


UK’s Financial Conduct Authority Is Being Targeted By Crypto Scam Email Campaign

The Financial Conduct Authority (FCA), an important regulator from the United Kingdom, has recently been impersonated by an online scammer via an email campaign. According to local reports, the emails, which are from a new crypto scam, impersonate the British regulator in order to offer a chance to get money via cryptos. The email uses […]

2019-7-24 23:14


UK Chancellor Gives Official Opinion on Benefits and Risks of Facebook’s Libra

The chancellor of the United Kingdom, Philip Hammond, has been recently featured on CNBC’s Squawk Box to talk about the upcoming Libra, the crypto created by Facebook. He talked about the dangers and possibilities that surrounded it and whether it would need a banking license or not. According to Hammond, Libra will have an effect […]

2019-7-17 18:30


Royal Mint In UK Enters Crypto Realm Offering Custodial Services for Temtum (TEM) Cryptocurrency

The Royal Mint in the UK, a 1,100 financial institution tasked with minting coins for the United Kingdom announced their plans to become a cryptocurrency custodian in the coming days. This becomes the first time the financial institution is entering into the cryptocurrency world following previous unsuccessful attempts. The Royal Mint released an official press […]

2019-7-15 20:38


Globacap Opens Regulated Platform For Crypto In The UK To Tokenize Digital Securities

Globacap is a fintech company based out of the United Kingdom, and they have just made some history with the Financial Conduct Authority (FCA). According to reports from The Block and Finance Magnates, Globacap has decided to launch their own platform for digital security offering and administration in the United Kingdom. Based on press releases […]

2019-7-2 00:46


U.S Treasury Secretary: Crypto exchanges and service providers MUST register with FinCEN

The Financial Action Task Force [FATF], an inter-governmental body that includes the most influential countries in the world such as the United States, Russia, China, United Kingdom, and Germany, has taken the first step towards providing better regulatory clarity that was much sought after by several businesses in the cryptocurrency space.

2019-6-21 21:14


Will the IRS Will Be Watching Over Testing of the New Coinbase Card in the United Kingdom

Coinbase’s crypto debit card provider recently shut down, causing the company to move to PaySafe. The IRS will seek out transactions that can have taxes imposed on the US-based Coinbase card. Coinbase is one of the many platforms in the cryptocurrency space that continues to innovate for the sake of supporting their customers. With retail […]

2019-5-11 02:47