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UK
UK Needs Bespoke Legal Framework for Using Crypto as Collateral: Law Commission
The Commission, funded by the Ministry of Justice, also pushed for legislation to treat crypto as a new type of property in its latest set of recommendations.
Digital Pound Should Be Interoperable With Crypto, UK Lobbyists Say
Stakeholders also want the Bank of England to consider tougher caps on individual digital pound holdings to prevent bank runs.
UK Crypto, Stablecoin Laws Approved by Parliament's Upper House
The Financial Services and Markets Bill stands to recognize crypto as a regulated activity and stablecoins as a means of payment under existing laws.
UK Financial Watchdog Cancels Binance Permissions on Firm's Request
U.K.'s Financial Conduct Authority said Binance's local unit is no longer authorized to provide any regulated services in the country.
Bitstamp, Interactive Brokers Join UK Crypto Register as First Additions in 6 Months
Crypto companies wishing to do business in the country must register with the Financial Conduct Authority.
UK Has No Plans for 'Crypto Tsar' Proposed by Some Lawmakers, Minister Says
Economic Secretary to the Treasury Andrew Griffith reiterated the government's position that crypto should not be treated like gambling at a Tuesday debate.
FCA Right to Propose Stop to Marketing Crypto as ‘Inflation Resistant,’ UK Industry Members Say
A long-running industry narrative is that limited-supply cryptocurrencies like bitcoin can hold their value against inflation – similar to gold or bonds.
Free Promotional NFTs, Crypto Airdrops Would Be Banned Under New UK Rules, Official Says
Crypto airdrops and NFTs themselves will not be banned, but using such incentives alongside promotions that encourage people to invest would be, said FCA's Matthew Long.
UK Lawmakers Clash Over Government Plans to Regulate Crypto as Financial Services
While some lawmakers have aligned with the government’s proposal, others want the volatile assets to be treated as gambling.
UK Lawmakers Call for a Dedicated Government Role to Oversee Crypto Regulation
The Crypto and Digital Assets All Parliamentary Group released its long-awaited inquiry into crypto on Monday.