A new role, “Head of CBDC,” will help the United Kingdom to “explore the case for a digital pound,” although UK Bitcoiners would argue that might not be necessary. The…
Continue ReadingThe team lead will determine the “strategic direction” for Treasury’s efforts to develop a digital pound in line with the U.K. government’s agenda. HM Treasury in the United Kingdom has…
Continue ReadingThe Regulatory Policy Committee of the United Kingdom has shared its thoughts on the measure taken by the Financial Conduct Authority. The Financial Conduct Authority had prohibited the sale, marketing, and…
Continue ReadingThe policymakers in the United Kingdom got split on whether the sale, marketing, and distribution of derivatives and exchange-traded notes, tied with crypto, should be banned. The policy decision-makers in…
Continue ReadingRipple CEO Brad Garlinghouse said the firm’s XRP lawsuit could come to an end within “single-digit months.” Ripple CEO Brad Garlinghouse expects the firm’s long-running dispute with the Securities Exchange…
Continue ReadingA new survey from CasperLabs found that despite education gaps, enterprise adoption of blockchain technology in the U.S., U.K. and China is set to increase in the next year. The…
Continue ReadingThe UK capital’s governing body is partnering with the Digital Pound Association and other trade groups to promote good crypto policy and practice and the UK’s position as a global…
Continue ReadingAlongside its interest in increasing crypto adoption in its region, the United Kingdom is now planning to launch its own stablecoin – a digital pound, according to Andrew Griffith, an…
Continue ReadingThe post-Brexit journey of the United Kingdom in 2023 will accelerate post its departure from EU’s payment and crypto regulations. The Financial Services and Markets Bill is expected to become…
Continue ReadingMP Andrew Griffith and colleagues spoke before a hearing of the U.K. parliamentary Treasury Committee about payments technology and CBDC. The United Kingdom remains committed to becoming a world crypto…
Continue ReadingThe United Kingdom’s top crime agency is looking to hire a crypto investigator with experience of identifying and recovering seed phrases. The United Kingdom’s National Crime Agency (NCA) is taking…
Continue ReadingThe UK has extended a crypto tax break for foreign investors who buy crypto using local brokers. The move is in line with PM Sunak’s vision to turn the UK…
Continue ReadingEven amid the market breakdown and repetitive public attacks on the industry, some of the officials found the courage to embrace the innovation. The year 2022 wasn’t the best one…
Continue ReadingThe measure should help British funds dealing with foreign investors adopt digital assets in their portfolios. The transactions of “designated crypto assets” entered into from the tax year 2022 to…
Continue ReadingCoinCorner and Bitnob teamed up to create cross-border transactions between the UK and Europe to Africa via the Bitcoin Lightning Network. The ongoing crypto winter is not stopping the industry…
Continue ReadingThe regulatory amendments will broaden the powers of the country’s financial regulator and put the crypto industry under tighter scrutiny. Despite the Conservative Party’s rhetorical embracement of crypto under the…
Continue ReadingThrough Bitcoin payment processors like BitPay, businesses in the UK can offer BTC as a payment method during checkout. What are the pros and cons of accepting Bitcoin payments? Accepting…
Continue ReadingStarling has banned its customers from purchasing cryptocurrencies with their bank cards or receiving transfers from crypto merchants. Starling — a digital bank based in the United Kingdom — is…
Continue ReadingThe recent U.K. pension fund crisis reveals the only option for such entities: adopting bitcoin as soon as possible. This is an opinion editorial by Mickey Koss, a West Point…
Continue ReadingSantander UK has put a per transaction limit as well as a total monthly restriction on the amount that users can transfer to crypto exchanges. Santander UK Bank Says Investing…
Continue ReadingAccording to the DCMS committee, NFT regulation in the U.K. is “largely non-existent,” with lawmakers planning to assess the assets ahead of a review by the treasury department. Members of…
Continue ReadingOn Nov. 3, Santander UK, the subsidiary of the Spanish financial giant Banco Santander, S.A., published a notice that says “investing in cryptocurrency assets can be high risk.” Furthermore, the…
Continue ReadingThe Bank of England is trying to bring soaring inflation under control by dramatically increasing the cost of borrowing money. Desperate times call for desperate measures. The Bank of England,…
Continue ReadingFrom El Salvador and Lugano’s collaboration to yet another lawsuit against Do Kwon, this is what the last week in regulation looked like. The first full week under the leadership…
Continue ReadingCryptocurrency fans have a lot to look forward to with the new prime minister, who has a track record of being highly positive about the industry. A former investment banker…
Continue ReadingBanks in the United Kingdom try to block businesses and individuals alike from investing in cryptocurrency. Regulators should fix the situation. In 2018, the United Kingdom’s Financial Conduct Authority (FCA)…
Continue ReadingThe NPCC’s Andy Gould said that the U.K. police had the capability to address illicit uses of crypto, but still faced challenges including incentives to join the private sector. The…
Continue ReadingThe proposal is another ripple of recognition for the Bitcoin, crypto and digital assets industries in the United Kingdom. The United Kingdom moved forward on the Financial Services and Markets…
Continue ReadingIn an exclusive interview with Cointelegraph, U.K. Member of Parliament Dr. Lisa Cameron said there is a “vision” that the U.K. will become an international hub of crypto and digital…
Continue ReadingIRS broadens the classification of crypto, Ripple gets another point in a case against SEC and Hong Kong considers its own regulatory framework in opposition to China. No matter how…
Continue ReadingThe new leader of the world’s sixth-largest economy is the former chancellor of the exchequer and is said to be richer than King Charles. He is also a firm crypto…
Continue ReadingThe British Bitcoin community wades in on the latest inflation print, which once again hit the double digits in the United Kingdom. Prices in the United Kingdom continue to rise,…
Continue ReadingThe Lord Privy Seal of the U.K.’s House of Lords introduced the bill, which, ironically, was “ordered to be printed” following the first reading on Oct. 12. Members of the…
Continue ReadingWhy is this British isle undergoing hyperbitcoinization, and what could this mean for the U.K.’s monetary future? This is an opinion editorial by Bitcoms, a Bitcoiner and contributor to Bitcoin…
Continue ReadingThe Bitcoin Racing team aims to spread Bitcoin adoption at a historical track in the U.K. this October. This is an opinion editorial by Charles MacKenzie, head of business development…
Continue ReadingCrypto-friendly payments app Revolut is the latest to be approved by the Financial Conduct Authority (FCA), the United Kingdom’s regulatory body, making it the latest crypto app to be able…
Continue ReadingRevolut had been the last “holdout” out of the 12 companies originally granted FCA temporary registration to continue offering crypto services in March. The United Kingdom’s Financial Conduct Authority, or…
Continue ReadingDoom and gloom for some British pound investors is neatly avoided with a Bitcoin flight. Bitcoin (BTC) will see increased interest from the United Kingdom “very quickly” as fiat currency…
Continue ReadingModernizing public finance management through blockchain could help governments identify potential corruption and waste by providing additional transparency and traceability. The Official Monetary and Financial Institutions Forum, or OMFIF, an…
Continue ReadingReaching 1 GBP = $1.04, the pound has crash-landed, marking a record low against the U.S. dollar following the new prime minister’s budget announcements. The Great British pound sterling has…
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