The UK’s Serious Fraud Office (SFO) has taken a significant step in combating crypto fraud with the arrest of two suspects linked to Basis Markets, a defunct venture […]
UK Stablecoin Regulation: Outrage Over Tight Limits as Industry Raises Concerns
The UK’s introduction of stablecoin regulations has sparked a wave of reactions, with the industry expressing concerns about the new rules’ stringent measures. The Bank of England (BoE) […]
Kraken CEO Argues UK’s Crypto Rules are Stifling Growth
Arjun Sethi, co-CEO of Kraken, has voiced his concerns about the increasingly stringent cryptocurrency regulations in the UK. He believes these rules create unnecessary barriers for users and […]
PayPal Returns to UK Market with New Features & £150 Million Investment
PayPal has officially re-entered the UK market, launching new features including credit card options and a loyalty program. This relaunch comes with a £150 million investment focused on […]
ClearToken Receives Regulatory Approval to Launch CT Settle: A Secure Platform for UK Crypto Trading
ClearToken has received approval from the Financial Conduct Authority (FCA) to launch its new settlement platform, CT Settle, marking a significant step forward for the UK’s crypto infrastructure. […]
Coinbase UK Launches FSCS-Backed Savings Account: A New Chapter in Crypto Finance
Coinbase UK has launched a new savings account, marking a significant step forward for the company and the crypto industry as a whole. This FSCS-backed product offers a […]
Bitcoin Laundering Case: Sentencing Set for Businesswoman in UK
Qian Zhimin, a Chinese businesswoman accused of involvement in the largest Bitcoin laundering case in the UK, is set to be sentenced on Tuesday. The businesswoman fled with […]
Coinbase Unveils FSCS-Backed Savings Account for UK Users at 3.75%
Coinbase has launched a new savings account in the United Kingdom, offering users a competitive 3.75% annual interest rate and full protection under the Financial Services Compensation Scheme […]
BoE Unveils New Rules to Regulate Sterling Stablecoins
The Bank of England (BoE) has proposed new regulations to govern sterling-denominated stablecoins, marking a significant step in the UK’s efforts to modernize its payment system while ensuring […]
KR1 Set for LSE Listing as UK Crypto Industry Blossoms
British crypto firm KR1 is taking a significant step forward in its journey by moving its listing from the small-cap Aquis exchange to the main market of the […]
BlackRock Launches Bitcoin ETP on London Stock Exchange, Boosting UK Crypto Access
BlackRock has officially launched its iShares Bitcoin ETP on the London Stock Exchange (LSE), marking a significant step towards mainstream cryptocurrency adoption in the UK. The launch provides […]
UK Invests in Bitcoin with BlackRock’s New ETP Launch
BlackRock has launched its iShares Bitcoin Exchange-Traded Product (ETP) on the London Stock Exchange, marking a significant milestone for UK crypto investors. This innovative product provides retail investors […]
UK Tax Authority Doubles Crypto Warning Letters, Encouraging Undeclared Gains Declaration
The UK’s tax authority, HM Revenue & Customs (HMRC), has significantly intensified its efforts to ensure crypto investors comply with reporting requirements. During the 2024–25 tax year, HMRC […]
UK HMRC Issues 65,000 Crypto Tax Letters: Targeting Individuals for Potential Underreporting
The UK’s tax authority (HMRC) has issued nearly 65,000 ‘nudge letters’ to individuals concerning potential cryptocurrency-related tax underreporting during the 2024–25 fiscal year. This action, targeting suspected evaders […]
UK Tax Authority Issues 65,000 Warning Letters to Crypto Investors
The UK tax authority, HM Revenue & Customs (HMRC), has sent over 65,000 warning letters to crypto investors in the UK. The aim of this campaign is to […]