uk

Houses of Parliament and Westminster Bridge at dusk
UK Crypto White List Needed to Solve 'Debanking,' Lobby Group Says
British banks have said they keep customers away from crypto for their own protection.
Houses of Parliament and Westminster Bridge at dusk

CDCROP: Chancellor Of The Exchequer Jeremy Hunt Presents Autumn Statement (Rob Pinney/Getty Images)
UK to Add Crypto Declaration in Tax Forms
Taxpayers will have to record their crypto gains separately as of next year, the U.K. Treasury said.
CDCROP: Chancellor Of The Exchequer Jeremy Hunt Presents Autumn Statement (Rob Pinney/Getty Images)

Stop sign (Walter Knerr/Pixabay)
UK Bank NatWest Limits Daily Crypto Payments to $1,200
Customers will be limited to payments of 1,000 pounds ($1,218) per day and 5,000 pounds ($6,090) over a 30-day period.
Stop sign (Walter Knerr/Pixabay)

CDCROP: Binance Logo (Danny Nelson/CoinDesk)
Binance GBP Funding On-/Off-Ramp to Be Suspended in May
The exchange was notified by its fiat partner that it will no longer provide British pound deposit and withdrawal services.
CDCROP: Binance Logo (Danny Nelson/CoinDesk)

Silicon Valley Bank Sign (Provided)
HSBC Subsidiary to Acquire Silicon Valley Bank's UK Unit for 1 British Pound
Depositors will be protected, the U.K. government said, as it seeks to limit wider economic fallout from the bank's collapse.
Silicon Valley Bank Sign (Provided)

Nikhil Rathi, CEO (FCA)
UK’s FCA Can’t Protect Crypto Investors From Losses, Says Agency’s CEO
Nikhil Rathi made the remarks in testimony in front of the Treasury Select Committee on Wednesday.
Nikhil Rathi, CEO (FCA)

CDCROP: Financial Conduct Authority (FCA) website homepage for the financial regulatory organization for the United Kingdom (U.K.) (Shutterstock)
UK Financial Regulator Expands Enforcement Against Crypto ATMs to East London
The FCA began taking action against illegal crypto ATMs last month, inspecting sites in the northern city of Leeds.
CDCROP: Financial Conduct Authority (FCA) website homepage for the financial regulatory organization for the United Kingdom (U.K.) (Shutterstock)

Select Committee Hears From The Bank Of England On the Costs And Benefits Of The UK's EU Membership
DLT Not Efficient Enough to Power CBDCs: BOE’s Cunliffe
The Bank of England is experimenting with tokenizing assets for real estate sales as well as developing a digital pound, lawmakers were told.
Select Committee Hears From The Bank Of England On the Costs And Benefits Of The UK's EU Membership

CDCROP: UK United Kingdom British England Flag (Unsplash)
UK Banking Regulator to Propose Rules on Issuing, Holding Crypto
The U.K. government recently released a consultation on regulating the industry and a potential central bank digital currency.
CDCROP: UK United Kingdom British England Flag (Unsplash)

The calm before a storm (Jason Thompson/Unsplash)
Calm Before the Storm: Is UK’s Financial Watchdog Gearing Up for Enforcement Action?
The Financial Conduct Authority has largely been silent while its U.S. counterparts have been busy cracking down on crypto – but it has a list of 51 unregistered firms to act on.
The calm before a storm (Jason Thompson/Unsplash)