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UK
NFT Providers May Need Registration to Comply With UK Money Laundering Rules
The U.K. started a consultation on its money laundering rules on Monday.
COPA vs Wright: What's at Stake as the Trial to Determine Satoshi's Identity Wraps Up
The Crypto Open Patent Alliance and Craig Wright will present their closing arguments this week in a case debating whether Wright is indeed Satoshi Nakamoto.
UK’s FCA Opens the Door for Institutional Investors to Build Crypto-Backed ETN Market
Products would be available to professional investors while retail consumers remain banned, the regulator said.
UK Launches Consultation on Implementing OECD Crypto Reporting Framework
The U.K. government believes implementing the reporting framework could draw in £35 million ($45 million) starting from 2026.
UK Law Enforcement Will Soon Have More Power to Seize Crypto Assets
The ability to take crypto used for crime, including terrorism, looks poised to take effect on April 26.
England's Law Commission Seeks Views on Draft Legislation to Label Crypto as Property
The Law Commission also called for evidence on its project on digital assets and electronic trade documents in private international law.
UK Minister Expects Stablecoin and Staking Legislation Within Six Months: Bloomberg
Economic Secretary to the Treasury Bim Afolami has said the U.K. government was "pushing very hard" to bring legislation for stablecoins and staking services for crypto assets within six months.
Craig Wright Witness Defends Saying Headed for ‘Train Wreck’ With COPA Trial
Stefan Matthews said the damning message referred to poor trial prep and not Wright’s claims to being Bitcoin inventor Satoshi Nakamoto.
UK Financial Watchdog Issued 450 Alerts on Illegal Crypto Promotions in Last Three Months of 2023
The Financial Conduct Authority said firms approving ads need to take their regulatory obligations seriously.
Banxa, Payments Partner for Binance and OKX, Lands on UK Crypto Register
BNXA UK VASP is the first firm to land on the Financial Conduct Authority's crypto register this year.