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United Kingdom

Wright v Ver headed for trial in Antigua as Roger Ver chooses not to appeal
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6 April, 2023

Wright v Ver headed for trial in Antigua as Roger Ver chooses not to appeal

With Roger Ver's decision not to appeal that ruling, the case will head to a full trial to determine whether...
Digital asset firms are being locked out by banks in UK: report
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5 April, 2023

Digital asset firms are being locked out by banks in UK: report

Virtual asset service providers (VASPs) in the United Kingdom are struggling to land banking partners and are having their accounts...
UK economic crime plan seeks to clamp down on crypto money launderers and kleptocrats
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3 April, 2023

UK economic crime plan seeks to clamp down on crypto money launderers and kleptocrats

The U.K. government has laid out its three-year plan to step up regulation, monitoring and enforcement of digital assets, as...
Revolut’s response to audit report frustrates its own board
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3 April, 2023

Revolut’s response to audit report frustrates its own board

Belgian accounting firm BDO Global has warned of a risk that 75% of Revolut’s 2021 revenue was materially misstated, casting...
UK Treasury drops NFT plans
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30 March, 2023

UK Treasury drops NFT plans

Tasked to develop the NFT in 2022, the Royal Mint is dropping the plans but keeping the proposal under review,...
Ziglu shops for new buyers after Robinhood deal falls through
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28 March, 2023

Ziglu shops for new buyers after Robinhood deal falls through

The U.K.-based digital currency exchange is looking to raise $2.5 million at a $12.3 million valuation, which will allow it...
UK financial regulator mulls improving tokenization, asset management
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22 March, 2023

UK financial regulator mulls improving tokenization, asset management

The Financial Conduct Authority wants to improve the country's asset management through tokenization, highlighting its benefits, including eliminating third-party participants...
The London Blockchain Conference—Everyone is welcome
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20 March, 2023

The London Blockchain Conference—Everyone is welcome

The London Blockchain Conference will provide discussions covering data integrity, utility blockchain, Web 3.0, DLT, the internet of value, tokenization,...
UK adds digital asset tab in tax declaration forms
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20 March, 2023

UK adds digital asset tab in tax declaration forms

Chancellor of the Exchequer Jeremy Hunt revealed while reading the budget that digital assets will now be identified separately in...
Binance delists British pound after payments provider bails
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14 March, 2023

Binance delists British pound after payments provider bails

Owing to the stringent regulatory environment in the United Kingdom, Paysafe moves to suspend deposit and withdrawal of GBP for...
UK digital asset industry needs tough regulations to ‘detoxify,’ FCA says
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13 March, 2023

UK digital asset industry needs tough regulations to ‘detoxify,’ FCA says

In a recent hearing before lawmakers, Financial Conduct Authority CEO and Chair Ashley Alder said that regulations are critical, but...
FCA takes further action against unregistered crypto ATMs in East London
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10 March, 2023

FCA takes further action against unregistered crypto ATMs in East London

The Financial Conduct Authority is ramping up efforts to clamp down on unregistered crypto ATMs, working alongside the National Economic...