UK’s finance watchdog defends ‘too tough’ crypto stance

The FCA defended its rigorous crypto regulations, countering claims that its high standards stifle innovation and hinder UK global financial leadership. дальше »

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UK Regulator Justifies Tough Crypto Crackdown Amid Industry Pushback

The UK financial regulatory agency sticks to its decision to continue implementing stringent rules in the registration process of businesses involved in cryptocurrencies. The Financial Conduct Authority (FCA) asserted that UK’s tough regulations on crypto firms serve as a deterrence to prevent these companies from becoming conduits for any money laundering activities. Related Reading: Crypto […] дальше »

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ApeExpress Launches on ApeChain: $BORED Reaches $22 Million Market Cap Shortly After Debut

London, UK, 21st October 2024, Chainwire

The post ApeExpress Launches on ApeChain: $BORED Reaches $22 Million Market Cap Shortly After Debut appeared first on CaptainAltcoin.

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Bitcoin crime: Chinese woman pleads not guilty to UK laundering charges

Zhimin Qian, also known as Yadi Zhang, has pleaded not guilty to laundering Bitcoin in a London court. According to Bloomberg, Qian, a Chinese national, was arrested in April and charged with two counts of money laundering. The UK’s Criminal… дальше »

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UK’s L&G considers entry into crypto with blockchain-based market funds

Legal & General (L&G), the London-based pension and investment management giant, is exploring opportunities in the growing blockchain-based tokenization market. The firm, managing assets worth $1. дальше »

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Plus Wallet: The Preferred Crypto Wallet in the U.S. & UK—Insights on Bitcoin Prices & Coinbase’s Latest News

The crypto scene has been buzzing with significant updates. Bitcoin’s price has been on a rollercoaster, causing $285 million in liquidations for traders. At the same time, Coinbase is gearing up to discontinue its Paycheck Direct Deposit service, sparking concerns among users about potential disruptions to their ongoing crypto investments. дальше »

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Pell Network Secures $3M Funding to Build Omnichain DVS Network

London, UK, 18th October 2024, Chainwire

The post Pell Network Secures $3M Funding to Build Omnichain DVS Network appeared first on CoinJournal.

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Pell Network Secures $3M Funding to Build Omnichain DVS Network

London, UK, 18th October 2024, Chainwire

The post Pell Network Secures $3M Funding to Build Omnichain DVS Network appeared first on CaptainAltcoin.

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Polkadot’s flagship sub0 conference is ground zero for ecosystem’s landmark overhaul

London, UK, 16th October 2024, Chainwire

The post Polkadot’s flagship sub0 conference is ground zero for ecosystem’s landmark overhaul appeared first on CoinJournal.

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UK, Colombia crypto exchanges linked in TD Bank record fine

TD Bank facilitated more than $1 billion worth of bank transfers from two international crypto platforms, according to FinCEN.

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UK man sues council after it denied requests to dig for lost Bitcoin hard drive in landfill

James Howell has been trying to get his lost hard drive back for 10 years Howell mined 8,000 Bitcoin on his laptop after learning about Bitcoin in 2009 The council have denied Howell’s requests to dig due to “environmental concerns” A 39-year-old man is suing Newport City Council for $646 million (£495,314,800 million) in damages […] The post UK man sues council after it denied requests to dig for lost Bitcoin hard drive in landfill appeared first on CoinJournal. дальше »

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UK trader denies charges in first-ever illegal crypto ATM prosecution

A London trader has pleaded not guilty to operating an illegal crypto ATM business and laundering $395,000 in criminal cash. Habibur Rahman, a crypto trader from East Ham, London, has pleaded not guilty to charges related to operating an illegal… дальше »

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Archax, Assetera partner to offer tokenized RWA in EU/EEA

Assetera and Archax are collaborating to provide UK and global investors with regulated access to tokenized funds, including real-world and digital assets. дальше »

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UK believes trial to embrace digital securities can protect ‘market integrity’

The UK’s Financial Conduct Authority (FCA) and the Bank of England have officially launched the next phase of their Digital Securities Sandbox (DSS), enabling firms to explore distributed ledger technology (DLT) and tokenized securities within traditional financial markets. дальше »

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Man pleads guilty in UK’s first illegal crypto ATM conviction

Olumide Osunkoya pleaded guilty to FCA charges of illegal offer and use of cryptocurrency automated teller machines (ATMs). The 45-year old Osunkuya will be sentenced at a later date. Olumide Osunkoya has pleaded guilty to several charges involving the illegal operation of cryptocurrency automated teller machines in the UK. дальше »

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Crypto crime: UK man pleads guilty to operating illegal ATM network

Olumide Osunkoya has pleaded guilty to five offenses related to running an illegal network of crypto ATMs across the UK, making it the country’s first conviction of its kind. Osunkoya’s conviction marks the UK’s first case against unregistered crypto ATM… дальше »

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Man Pleads Guilty to Illegally Operating Crypto ATM Network in the UK

This marks the first U.K. conviction for running a crypto ATM operation. дальше »

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Sorare charged for unlicensed gambling services in the UK

UK Gambling Commission charges Sorare for providing unlicensed gambling services. The United Kingdom’s Gambling Commission has been investigating Sorare for three years. Sorare denies wrongdoing, asserting it is not a gambling platform under UK law. дальше »

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Wallet in Telegram app temporarily blocked for UK users due to restructuring

Telegram users in the United States are also restricted from using the Wallet in Telegram app due to financial regulations.

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Crypto Exchange Kraken Said to Hire Natasha Powell as UK Head of Compliance

Powell will start in her new role at the crypto exchange in November. дальше »

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Memecoin scam promoted through compromised X accounts

Blockchain investigator ZachXBT has alerted the community to a scam meme coin promotion using several major X accounts. According to ZachXBT, the compromised accounts used to promote the fake meme coin on Solana (SOL) include those of Yahoo News UK,… дальше »

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Revolut in advanced stages of plan to launch its own stablecoin

Fintech giant Revolut is reportedly in the advanced stages of developing its own stablecoin, CoinDesk reported on Sept. 17, citing sources familiar with the matter. Revolut, which secured a UK banking license earlier this year, aims to follow the lead of major industry players like PayPal, Ripple, and BitGo, all of which have recently entered […] The post Revolut in advanced stages of plan to launch its own stablecoin appeared first on CryptoSlate. дальше »

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UK Finance, Member Banks See Benefits During Experimental Phase of a Tokenization, CBDC Platform

Barclays, Citi UK, HSBC and Natwest participated in the Regulated Liability Network test. дальше »

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Kraken denies SEC claims, argues digital assets aren’t securities: Law Decoded

Kraken rejects the SEC’s securities allegations, Brazil lifts the freeze on Starlink’s bank account, the UK clarifies crypto property rights, and Coinbase backs NFT’s legal defense. дальше »

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UK finance regulator FCA a ‘deterrent’ to crypto industry, says CryptoUK

UK regulators have approved only four out of 35 crypto business registrations in the last 12 months, deterring others from engaging with the process. дальше »

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Tether eyes enhanced government relations after UK deems USDT a distinct property

Tether is working to improve its relations with regulators following the recognition of its USDT stablecoin as property in the UK. On Sept. 13, Tether announced that it hired Jesse Spiro to spearhead its global engagement efforts with lawmakers, regulators, and key stakeholders. дальше »

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UK High Court recognizes Tether’s USDT as property in landmark ruling

In a pivotal decision, the High Court of Justice for England and Wales has officially recognized Tether’s USDT, the world’s largest stablecoin by market capitalization, as property under English law. дальше »

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UK High Court classifies Tether USDT as 'property' in landmark ruling

UK High Court classified Tether (USDT) as property, setting a legal precedent Bill before British parliament expands the definition of 'property' to include digital assets like NFTs and cryptocThe post UK High Court classifies Tether USDT as 'property' in landmark ruling appeared first on AMBCrypto. дальше »

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UK introduces crypto bill to clarify legal status for 'first time in British history'

British government introduced the Property (Digital Assets etc) Bill Definition of "property" will be expanded to include certain digital assets The crypto-sector has been making waves in 20The post UK introduces crypto bill to clarify legal status for 'first time in British history' appeared first on AMBCrypto. дальше »

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CEX.IO resumes UK operations, backs stricter crypto rules

Following a voluntary suspension in October 2023, CEX.io has successfully resumed operations in the UK after ensuring compliance with new FCA regulations. дальше »

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CEX.IO resumes operations in UK after 10-month suspension

CEX.IO has resumed operations in the U.K. after a 10-month suspension, now focusing on FCA guidelines. Crypto exchange CEX.IO has resumed its operations in the United Kingdom just 10 months after a voluntary suspension due to new regulatory policies. In… дальше »

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New UK Bill to Protect Crypto and NFT Owners

The UK introduces a bill classifying Bitcoin and NFTs as personal property, giving owners legal protection and reinforcing its role as a global leader in digital assets. The post New UK Bill to Protect Crypto and NFT Owners appeared first on NFT News Today. дальше »

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Crypto Victory In The UK? New Legislation Targets Legal Framework For Bitcoin And NFTs

In a move that could lead to a new era of digital asset ownership, the UK government has unveiled a new bill that aims to solidify cryptocurrencies such as Bitcoin (BTC), non-fungible tokens (NFTs), and tokenized assets as personal property. дальше »

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UK Parliament proposes legislation to recognize digital assets as personal property

The Law Commission of the United Kingdom (UK) Parliament introduced the Property (Digital Assets, etc. ) Bill on Sept. 11 to recognize digital holdings legally. The proposed legislation deems crypto, non-fungible tokens (NFTs), and carbon credits personal property under British law. дальше »

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UK introduces new bill clarifying crypto as personal property

UK’s new bill recognises Bitcoin and other digital assets as personal property. Under the new law, crypto owners will enjoy greater legal protection. The UK parliament has introduced a new bill that clarifies digital assets ownership by recognizing Bitcoin and other crypto assets as personal property. дальше »

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UK presents bill to recognize crypto as personal property

U.K. authorities plan to clarify how to classify cryptocurrencies under a new bill. According to an official government notice, the British Parliament received a proposal to recognize digital assets as personal property under English law. The proposed bill would assign… дальше »

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UK Parliament Introduces Bill to Recognize Bitcoin and Crypto as Personal Property

The new legislation aims to provide legal clarity and protection for Bitcoin and digital asset owners. дальше »

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UK Introduces Bill to Clarify Crypto's Legal Status

The Labour government said the bill will give owners of bitcoin and other digital assets greater legal protection. дальше »

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UK Regulator Charges First Individual With Running a Network of Illegal Crypto ATMs

Olumide Osunkoya, 45 year old Londoner has been accused of running crypto ATMs that processed british pounds 2.6 million ($3.4 million) in crypto transactions across various locations. дальше »

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FCA makes first criminal charge for running illegal crypto ATM network

In a landmark move, the UK’s Financial Conduct Authority (FCA) has charged a man with unlawfully operating a network of cryptocurrency ATMs without proper registration. This marks the regulator’s first criminal prosecution for activities involving physical crypto machines, signalling a tougher stance against unregulated digital asset transactions. дальше »

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UK Parliament could summon Elon Musk over X operations

Labour MP Dawn Butler wants Musk to discuss the operations of his social media network X and its role in spreading misinformation. дальше »

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UK crypto registration faces high failure rate: 87% of applications don’t qualify

The Financial Conduct Authority (FCA) reported 87% of crypto companies applying for registration under the UK’s money laundering rules failed to receive approval in the last fiscal year. Only four out of 35 applications were approved in the 12 months ending March 31, 2023. дальше »

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Nearly 90% Of Crypto Firms Fail UK’s AML Standards—What’s Going Wrong?

The turbulent UK cryptocurrency landscape sees the Financial Conduct Authority report that 87% of crypto registration applications failed in the last fiscal year. Related Reading: Satoshi Nakamoto Tells NBA Legend In His Dream: Bitcoin To Slam Dunk To $84K! This is a staggering fact that brings up very serious questions concerning the effectiveness of anti-money […] дальше »

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UK Regulator Says 87% of Crypto Registration Applications Failed to Meet Standards for Approval

The FCA approved only four of the 35 applications it received in the year ended March 31. дальше »

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Relai’s Bitcoin Mission: Bringing Europeans the Orange Coin Despite the Red Tape

Relai co-founder and CEO Julian Liniger wants to onboard as many EU and UK citizens as possible to Bitcoin, even if that means having to jump through regulatory hoops. дальше »

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Crypto platform resumes UK registrations after 10-month FCA compliance pause

The crypto lending platform took the 10-month pause to realign its onboarding process with the FCA's guidelines oriented towards investor protection. дальше »

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Nexo resumes onboarding of UK clients with full FCA compliance

Nexo's FCA compliance and UK client onboarding resumption highlight the increasing regulatory scrutiny and adaptation in the crypto industry. The post Nexo resumes onboarding of UK clients with full FCA compliance appeared first on Crypto Briefing. дальше »

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UK’s ambitions for crypto hub status falter amid regulatory roadblocks

Crypto firms are increasingly turning away from the UK, citing burdensome and time-consuming regulatory processes as a key factor, the Financial Times reported, citing law firm Reed Smith. Registrations for crypto asset exchanges and custodian wallet providers with the UK’s Financial Conduct Authority (FCA) have plummeted by more than 50% in the past three years, […] The post UK’s ambitions for crypto hub status falter amid regulatory roadblocks appeared first on CryptoSlate. дальше »

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Launch Network with Restaked Security in Minutes: Tanssi and Symbiotic Set New Standardd

Cayman Islands, UK, 22nd August 2024, Chainwire

The post Launch Network with Restaked Security in Minutes: Tanssi and Symbiotic Set New Standardd appeared first on CoinJournal.

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Bitunix Announces Major Security Upgrade: $5M Insurance Backed by UK Security Partner

Singapore, Singapore, 22nd August 2024, Chainwire

The post Bitunix Announces Major Security Upgrade: $5M Insurance Backed by UK Security Partner appeared first on CoinJournal.

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