UK
Bank of England Panel Calls for Enhanced Crypto Regulation to Limit Contagion
The loss of $2 trillion of crypto market cap over a period of months has “underscored the need for enhanced regulation,” the Financial Policy Committee said.
DeFi Shouldn't Be Regulated, Crypto Advocates Tell UK Regulator
The advice comes from those who participated in a forum the Financial Conduct Authority held to hear from the digital assets industry.
Tether to Issue Sterling-Pegged Stablecoin, GBPT
The token will be pegged 1:1 to the British pound and will launch in July.
UK Government Backtracks on Unhosted Wallet Data Collection Proposal
The government said it didn't make sense to require all senders of funds to private crypto wallets to collect recipients' identification details.
Bank of England Chief Takes Victory Lap as Crypto Crumbles
Andrew Bailey, the head of the U.K. central bank, was testifying in Parliament on Monday afternoon.
UK Government Proposes Stablecoin Safeguards After Terra Collapse
The measure would give the Bank of England more power over failed stablecoin issuers.
The Crypto Community Says the UK's FCA Is Finally Starting to Listen
The British regulatory agency's first CryptoSprint was focused on digital asset information disclosure, custody and other regulatory obligations.
Argo Blockchain Q1 Net Income Plunges 90% to $2.1M
Bitcoin was priced in the $40,000 range for much of Q1 compared with nearly $60,000 in the same period a year earlier.
The FCA Is Holding Its First CryptoSprint: Here’s What the Digital Asset Community Wants From It
The U.K. regulator will meet crypto experts to discuss how to handle disclosing information related to issuance of crypto assets, regulatory obligations and custody regulations.