uk cryptocurrency regulation
UK Cryptocurrency Exchanges Adapt to Enhanced Regulatory Standards
The UK is intensifying regulatory standards for crypto exchanges under the Financial Services and Markets Act, aiming for parity with traditional financial services. Exchanges must comply with stringent risk assessments and finance tests, impacting both domestic and offshore entities.
Winklevoss Twins' Gemini and Archax Exchange Now Licensed by UK Financial Conduct Authority
The UK Financial Conduct Authority has granted a license to the Winklevoss twins’ Gemini cryptocurrency exchange.
DAG Global Seeks to Break New Ground as First UK Bank to Support Crypto Businesses
DAG Global, a UK financial services company, aims to set a precedent by gaining a UK banking license to close the void between banks and crypto businesses. It intends to become the nation’s first bank to support cryptocurrency businesses.
UK Government Wants FCA Oversight on Crypto Investment Advertising
The UK Government has proposed that crypto asset promotions should fall under the scope of the Financial Conduct Authority’s existing oversight and does not require a whole new framework just for digital assets.
US Blockchain Firm Ripple Considers Relocation to UK and Singapore for Better Crypto Regulatory Clarity
Ripple CEO explains why he is considering UK and Singapore as potential countries to move blockchain firm Ripple's operations to.
UK Treasury Drafting Private Stablecoin Regulations and Researching CBDC with BoE
The United Kingdom’s Treasury Department has announced it is drafting private stablecoin regulation while it continues central bank digital currency (CBDC) research.
UK Court Recognized Cryptocurrency as Property in Freezing Order
In a property ownership tussle, UK high court found itself in the second attempt to recognize cryptocurrency as property. This time round, the court imposed a freezing order to crypto firm directors who failed to prove that they were not owners of the disputed cryptocurrencies.
Africa Crypto Adoption Sparks Regulation Concerns
The accelerated growth of blockchain technology in Africa recently has raised concerns over the possible implementation of knee-jerk regulation.
United States Moves Forward With Crypto Regulation
Two new crypto-related bills were discussed among the House Agriculture Committee this week as the United States moves forward with crypto regulation.
PayPal Payment Giant to Expand Cryptocurrency Offerings to UK Market Within Months
PayPal has revealed a brief timeline, indicating the expansion of its crypto business to the UK market in a few months’ time.
Oxford Law Researchers Call for Strict Cryptocurrency Regulation to Avoid Another Financial Crisis
Researchers at Oxford University Law Faculty claim that crypto market regulation is mandatory to prevent systemic risk in times of financial crisis.
Coinbase’s Upcoming IPO May Lead to Better Crypto Regulation in the United States
Coinbase’s upcoming listing may be what it takes to trigger better cryptocurrency regulation in the United States.
Crypto Exchange CEX.IO Receives Temporary Registration Status with UK FCA
The UK Financial Conduct Authority (FCA) has granted crypto exchange CEX.IO a temporary registration status to operate until July 9, 2021.