UK


Policy

UK Lawmakers Support Easy Seizure of Crypto Linked to Terrorist Activity

The lower chamber of the U.K. Parliament had already voted in favor of proposed rules to make it easier for law enforcement to target crypto linked to crime.

(Travelpix Ltd/Getty Images)

Policy

UK Lawmakers Vote to Widen Authorities’ Powers in Seizing Crypto-Related Property

The amendment builds upon a bill in Parliament that allows the government to seize cryptocurrencies tied to crime.

The House of Commons approves an amendment to a crypto-regulation bill that's now in Parliament. (Ugur Akdemir/Unsplash)

Finance

Crypto Lender Nexo Sued for Allegedly Blocking $126M Withdrawals in 2020-21

The claimants allege that Nexo froze their accounts in 2020-21 after they sought to remove their assets from the platform.

Crypto lender Nexo is being sued by three investors who allege the platform blocked their attempts to withdraw funds. (Nexo)

Policy

UK May Need Digital Pound, Bank of England's Jon Cunliffe Says

The deputy governor said FTX's collapse highlights the need for more oversight of digital assets.

The Bank of England (Robert Bye/Unsplash)

Policy

Binance’s Lack of Transparency on FTX Bid Could Influence UK Lawmakers' Crypto Recommendations: Report

Treasury Committee member Alison Thewliss said Binance's submissions on its role in the collapse of rival crypto exchange FTX were not detailed enough.

The U.K. Parliament. (Paul Silvan/Unsplash)

Policy

Binance Denies Accusation From UK Lawmaker That It Deliberately Sank FTX

The exchange pointed to a CoinDesk article that set off a series of events that led to FTX's bankruptcy filing.

FTX CEO Sam Bankman-Fried and Binance CEO Changpeng "CZ" Zhao (CoinDesk)

Policy

DAO Legal Reforms in Spotlight as UK Law Commission Seeks Views

A consultation published today looks at issues like governance, structure, money laundering and taxes.

The U.K. body is probing the legal status of DAOs. (alengo/Getty Images)

Policy

Crypto Industry Participants Field Questions from UK Lawmakers After FTX Collapse

In an evidence inquiry session on crypto held by the Treasury Committee, the group addressed negative questions, with some calling for more regulatory clarity.

Crypto representatives testifying at Treasury Committee (UK Parliament)

Policy

UK’s Crypto Future Is Bright No Matter Who’s in Charge, Lawmaker Says

Member of Parliament Lisa Cameron’s cross-party group for digital assets is working to ensure crypto regulations remain apolitical amid all the changes in leadership.

U.K. member of Parliament Lisa Cameron (Camomile Shumba/CoinDesk)

Finance

UK Asset Management Giant Abrdn Leads Archax $28.5M Funding Round

Archax is now working on a range of crypto exchange-traded products.

(Shutterstock)