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UK
UK Government Rejects Lawmaker Plan to Regulate Crypto as Gambling
The Treasury says it has learned lessons from FTX's collapse, and that gambling law doesn’t deal with crypto risks.
Proposed Legal Reforms Aid UK Crypto Dreams – but Offer Scant Hope for Bitcoin Developers Sued by Craig Wright
A new Law Commission report doesn’t address legal concerns beyond token ownership, lawyers told CoinDesk.
UK FCA Chief Warns Against Judging Crypto Firms by Size for Approval Decisions
The Financial Conduct Authority has turned down some of the largest crypto firms in the world in the last two years, its CEO Nikhil Rathi told lawmakers at a hearing.
Crypto Miner Argo Blockchain Raises $7.5M in Share Sale; Stock Slumps
Proceeds from the private placing and public sale will be used to pay down debt.
Even Unpaid Social Media Crypto Promotions May Breach UK Ad Rules: Financial Regulator
The Financial Conduct Authority (FCA) gained oversight of crypto promotions with the approval of the Financial Services and Markets Act last month.
UK's New Online Safety Bill Applies to the Metaverse, Lawmakers Agree
The bill, nearing approval, has measures to prevent children from experiencing harm online.
UK Treasury Starts Consultation on Five-Year Digital Securities Trial
The pilot will relax regulations for digital bonds and equities – but not unbacked crypto, like bitcoin or ether.
UK Lords Pass Bill to Help Seize and Freeze Crypto Used for Crime
The bill, introduced in September, now enters its final stages in Parliament.
FTX Bankruptcy Claims Deadline; UK Crypto, Stablecoin Rules Passed Into Law
“CoinDesk Daily” host Jenn Sennasie dives into some of the hottest stories in crypto, including Germany’s financial watchdog reportedly denying Binance a custody license. A UK bill is giving regulators the power to supervise crypto and stablecoins becomes law. And, a closer look at how the founder of Damus is reacting to the conclusion of a two-week battle with Apple over bitcoin tips.
UK Crypto, Stablecoin Rules Receive Royal Assent, Passing Into Law
The Financial Services and Markets Act 2023 classifies crypto as a regulated financial activity.
