UK


Policy

UK Regulator Saw 'Poor' Engagement From Some Overseas Crypto Firms on Upcoming Ad Rules

With the rules set to take effect Oct. 8, officials at the Financial Conduct Authority have a plan to tackle non-compliant firms, CoinDesk was told.

Photo of people entering the FCA building

Policy

Chase U.K. to Block Crypto Payments Citing Fraud, Scams

Starting Oct. 16, the bank will decline customer attempts to make payments related to crypto assets via debit card or outgoing bank transfers.

Credit: Daryl L / Shutterstock

Policy

UK Just Passed an Online Safety Bill That Will Apply to the Metaverse

The bill requires companies to assess the likelihood that children will encounter harmful content in virtual worlds and have measures in place to mitigate such risks.

UK United Kingdom British England Flag (Unsplash)

Policy

Cøbra Can't Fight $700K Craig Wright Legal Fees as an Anon, UK Judge Rules Again

The pseudonymous Bitcoin.org operator lost an appeal on a November ruling that said he cannot challenge legal fees from the self-proclaimed Bitcoin inventor while remaining anonymous.

Craig Wright (Eugene Gologursky/Getty Images for CoinGeek)

Policy

UK Crime Bill Lets Cops Freeze Crypto Faster, Channels Tainted Assets to Public Funding

The Economic Crime and Corporate Transparency Bill set to become law later this year removes some legislative hurdles that slow local cops from freezing crypto linked to crime, CoinDesk was told.

Police (King's Church International / Unsplash)

Finance

Crypto Exchange Bybit 'Exploring All Options' to Stay in UK: CEO

Companies like Luno and PayPal have halted certain crypto operations in the country in response to regulations set to take effect next month.

Bybit withdraws from France (Mantas Hesthaven / Unsplash)

Policy

Incoming BOE Deputy Governor Highlights Crypto Risks, Cites Benefits at Parliamentary Hearing

There are benefits to crypto technology, and the digital pound could anchor digital money, Sarah Breeden said.

Sarah Breeden (Camomile Shumba / CoinDesk)

Finance

Luno to Halt Some UK Clients From Investing in Crypto as Regulation Looms

The U.K. Financial Conduct Authority crypto promotion rules will be effective by October 8.

Luno logo (Luno)

Policy

U.K. Crypto Firms Can Apply for 3-Month Reprieve to Comply With Tough New Ad Rules

Bans on aggressive marketing were set to take effect in October, but companies can apply to delay some aspects until January.

FCA building with logo (FCA)

Finance

Crypto Exchange Kraken's UK Derivatives Unit Looking to Expands Its Service: Bloomberg

The firm is looking move into a void in the crypto derivatives market left when FTX collapsed last November.

Página de inicio del sitio web de la Autoridad de Conducta Financiera para la organización de regulación financiera del Reino Unido. (Shutterstock)