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U.K
Crypto Lobby Group CCI Expands Its Reach by Absorbing Proof of Stake Alliance
The Crypto Council for Innovation has integrated with the Proof of Stake Alliance and secured partnerships with other policy groups in Japan and the U.K.
Crypto-Friendly Revolut Finally Earns UK Banking License
Revolut has entered a "mobilization stage" designed for new banks to operate with restrictions.
U.K.'s Next Government Must Act Fast to Regulate (and Retain) Crypto Firms
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.
UK Regulator Ramped Up Campaign Against Crypto ATMs in May and June
The financial watchdog conducted inspections in conjunction with the South West Regional Organized Crime Unit and the police forces of Greater London, Bedfordshire and Hertfordshire.
A16z Chooses London as Destination for First Office Outside U.S.
The venture capital firm plans to use the office, which will open later this year, to fund growth in the crypto and startup ecosystems in the U.K. and Europe.
U.K. Lawmakers Say Crypto Should Be Regulated Like Gambling
Bitcoin (BTC), ether (ETH), and other cryptocurrencies should be regulated as gambling due to their potential risks, a panel of U.K. lawmakers from parliament's treasury committee said Wednesday. "The Hash" panel discusses the details of the push.
UK Man Sentenced to 4-1/2 Years in Jail for Stealing $2.5M in Crypto
Wybbo Wirsma, a Dutch native who lived in the U.K., was under investigation for five years before pleading guilty in an Oxford court on Thursday.
Ex-UK Chancellor Philip Hammond Urges Accelerated Efforts to Become Crypto Hub: FT
Hammond, chair of custody company Copper, said the U.K. is falling behind neighboring countries and needs to accept "measured risk."
UK Law Commission Probing Legal Status of DAOs
The U.K.’s Law Commission is looking at how decentralized autonomous organizations (DAOs) should be treated under the legal system, the latest in a series of forays into digital technologies by the influential body. "The Hash" panel discusses the world of DAOs and their legal considerations.
ARK Fintech Innovation ETF Buys More Coinbase; Wasabi Wallet's Alleged Role in China BTC Bribery Scheme
ARK’s Fintech Innovation Fund (ARKF) has added 10,880 more shares of Coinbase (COIN) to its holdings to a total $60.5 million. Rishi Sunak has been appointed U.K.'s next prime minister following Liz Truss’ controversial exit from office last week. Guochun He and Zheng Wang allegedly used coin mixing wallet Wasabi Wallet to cover bribing a U.S. double agent with $61,000 in bitcoin, analytics firm Elliptic says.