News
Law enforcement representing 16 different countries cooperated to arrest 20 members of a global crypto-powered money laundering cartel in just one of the cases.
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United Kingdom News
There are no strict regulations on Bitcoin in UK. Bitcoin has no established legal status but is commonly treated as a foreign currency for most purposes, including value-added and goods-and-service taxes. Cryptocurrencies profits and losses are subject to capital gains tax. However, the UK government is planning on implementing some legal procedures in the cryptocurrency market. Their primary goal is to require UK Bitcoin exchanges to conduct due diligence in relation to customers and include cryptocurrency platforms in anti-money laundering and counter-terrorism financing policies. The UK has issued a warning about the risks of investing in ICOs and cryptocurrencies, though it has yet to establish any direct rules concerning it. Still, it was stated multiple times that the United Kingdom is working on cryptocurrency regulations and has no intentions to leave it in a legal gray area.
- News
The U.K.’s Financial Conduct Authority is accused of ignoring its own consultation and cherry-picking data.
3623 - News
Gemini crypto exchange is streamlining fiat currency wire transfers for British clients.
5976 - Opinion
Nobody who believes in crypto wants it to be a sector beholden to criminality or poor commitment to security.
26633 - News
The FCA covered everything it could with the ban, CoinShares' Townsend Lansing says.
5195 - Breaking news
CoinShares' pleas last year went unheard as crypto futures and ETNs will be soon banned.
20715 - News
Congressperson and Blockchain Caucus Co-Chair David Schweikert has advanced a bill to make good on the crypto adage "Code is law."
5717 - News
The highest number of exchanges defying regulatory norms are in Europe
7077 - Expert Take
For the U.K. to remain attractive to the crypto industry, it should strive to provide more clarity and certainty around compliance.
5709 - Markets News
Bitcoin hodlers could not ask for more, says Tone Vays as the U.K. central bank looks for protection against Brexit and coronavirus fallout.
11180 - News
Wirex’s new Mastercard-supported card will be linked to 19 crypto and fiat currency accounts in the Wirex app.
9058 - News
Two big crypto companies enter Japan.
6938 - News
London Stock Exchange-listed miner Argo Blockchain is mining 545% more Bitcoin than last year, with profits up 280%.
4666 - News
Another crypto merger targets tax reporting.
3033 - News
Ziglu now offers a fully regulated way to transfer Bitcoin, Ether, Litecoin and Bitcoin Cash to other users for free.
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