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UK

(FCA)
Finance
Regulations
Coinbase's CBPL Fined $4.5M by UK Regulator for Lapses in Onboarding Controls
Despite restrictions in place, CBPL onboarded 13,416 high-risk customers for e-money services, the Financial Conduct Authority said.
(FCA)
By Camomile Shumba
Jul 25, 2024 at 11:40 a.m. UTC
Jul 25, 2024
RegulationsFCACoinbaseUKAnti-Money LaunderingMoney LaunderingFines
Revolut (Kaysha/ Unsplash)
Finance
Revolut
Crypto-Friendly Bank Revolut Plans to Sell $500M of Employee Shares at $45B Valuation: WSJ
Revolut has been in talks with investment firm Greenoaks over the sale, which would pave the way for a potential IPO
Revolut (Kaysha/ Unsplash)
By Jamie Crawley
Jul 23, 2024 at 3:54 p.m. UTC
Jul 23, 2024
RevolutIPOInitial public offeringbanksFintechUK
Craig Wright heading to COPA trial on March 1 (Camomile Shumba/CoinDesk)
Policy
Regulations
Craig Wright Referred to UK Prosecutors for Consideration of Perjury Charges
Judge James Mellor also approved injunctions that prevent Wright from taking others to court again under the guise he is Satoshi Nakamoto.
Craig Wright heading to COPA trial on March 1 (Camomile Shumba/CoinDesk)
By Camomile ShumbaCheyenne Ligon
Jul 16, 2024 at 10:13 a.m. UTC
Jul 16, 2024
RegulationsCryptoUKCraig WrightCOPACourt Cases
DAOs fall under existing law in England and Wales, Law Commission says (Reinaldo Sture/Unsplash)
Policy
Regulations
DAO-Specific Legislation Isn't Needed Yet, English Legal Body Says
The Law Commission said decentralized autonomous organizations appear to fall under existing laws for the time being.
DAOs fall under existing law in England and Wales, Law Commission says (Reinaldo Sture/Unsplash)
By Camomile Shumba
Jul 11, 2024 at 12:55 p.m. UTC
Jul 11, 2024
RegulationsCryptoLawUKDAOdecentralized autonomous organization
Labour Party leader Keir Starmer secured victory in the U.K. election (Matthew Horwood/Getty Images)
Policy
Regulations
Labour Landslide Sets Up Starmer as UK Prime Minister With Unstated Crypto Plans
While the industry was not mentioned in the party's manifesto or on the campaign trail, Labour has said it will support tokenization and a central bank digital currency.
Labour Party leader Keir Starmer secured victory in the U.K. election (Matthew Horwood/Getty Images)
By Camomile Shumba
Jul 5, 2024 at 5:01 a.m. UTC
Jul 5, 2024
RegulationsCryptoUKUK ElectionElection 2024
Labour leader Keir Starmer campaigns as U.K. election day comes closer (Carl Court/Getty Images)
Policy
Analysis
Ahead of the U.K. Election, Major Parties Remain Silent on Crypto Issues
The U.K. is set to hold its first election in five years on Thursday and crypto is not a campaign-trail issue.
Labour leader Keir Starmer campaigns as U.K. election day comes closer (Carl Court/Getty Images)
By Camomile Shumba
Jul 3, 2024 at 11:06 a.m. UTC
Jul 3, 2024
AnalysisUKUK ElectionElection 2024PolicyRegulations
Jack Mallers' Bitcoin payments app Strike extends global expansion with U.K. launch. (Frederick Munawa/CoinDesk)
Finance
Crypto
Bitcoin Payments App Strike Enters UK as Global Expansion Rolls Out
The payments firm now operates in over 100 countries and territories globally.
Jack Mallers' Bitcoin payments app Strike extends global expansion with U.K. launch. (Frederick Munawa/CoinDesk)
By Will Canny
Jun 25, 2024 at 10:00 a.m. UTC
Jun 25, 2024
CryptopaymentsBitcoinUKStrikeZap
(FCA)
Policy
Regulations
UK Regulator FCA Arrests Two People Associated With 1B-Pound Illegal Crypto Business
The two suspects were interviewed under caution by the FCA and then released on bail.
(FCA)
By Camomile Shumba
Jun 20, 2024 at 12:14 p.m. UTC
Jun 20, 2024
RegulationsUKCryptoFCACrime
UK Economic Secretary Bim Afolami (UK Parliament)
Policy
Regulations
UK Minister Says Government Only Has Time to Implement Stablecoin, Staking Legislation
Economic Secretary Bim Afolami said that the government could put through stablecoin and staking legislation in the coming weeks but will outline what more is coming later.
UK Economic Secretary Bim Afolami (UK Parliament)
By Camomile Shumba
May 8, 2024 at 11:41 a.m. UTC
May 8, 2024
RegulationsCryptoStablecoinsStakingUK
Labour Leader Keir Starmer (Christopher Furlong/Getty Images)
Policy
Crypto
UK Local Elections Show Swing to Labour With General Election Pending
The government, which has adopted a pro-crypto stance, must hold a general election by end-January.
Labour Leader Keir Starmer (Christopher Furlong/Getty Images)
By Camomile Shumba
May 3, 2024 at 11:42 a.m. UTC
May 3, 2024
CryptoUKUK ElectionElection 2024