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Crypto & Stablecoins Included In Scope Of Financial Reforms for Treasury, Per UK Chancellor

Rishi Sunak, chancellor of the Exchequer for the UK, reportedly revealed that stablecoins and cryptos are included within the scope of financial reforms, which the authority is looking to carry out in...

| Jul 02, 2021 17:22

Investment product Firm 21Shares Making Bitcoin ETP Avalable On UK Aquis Exchange

Investment product Issuer from Switzerland, 21Shares, is reportedly rolling out its Bitcoin (BTC) exchange-traded offering to UK-based traders, via the Aquis Exchange. Per the update from 21Shares,...

| Jun 08, 2021 15:34

UK Rolled Out Proposals for Stablecoins And Deep-diving into CBDC

The UK Treasury Department has reportedly disclosed details of its drafting proposals, for the regulation of private stablecoins, and concurrently deep-diving into CBDC for a cash alternative. ...

| Nov 11, 2020 11:28

UK Financial Regulator Opened Vacancy For Crypto Specialist to Handle EU Regulation

The Financial Conduct Authority (FCA) – the agency in charge of handling regulation-related matters in the UK – is reportedly on the lookout for a new expert with expertise in...

| Feb 08, 2020 12:10

UK Tax Department Required Transaction Details from Crypto Exchanges to Determine Tax Evaders

Her Majesty’s Revenue & Customs (HMRC) – the tax, payments and customs of the UK – has reportedly required crypto-related businesses to grant them access to clients’ transaction...

| Aug 08, 2019 03:29

Regulations for Libra Are for Regulators to Decide, not Lawmakers, UK Finance Minister Claimed

Philip Hammond – current Finance Minister of the UK – claimed that it is regulators, rather than lawmakers, are responsible for coming up with proper regulations for Facebook upcoming...

| Jul 18, 2019 03:31

Amazon Partnered with UK Insurance firm to Design Blockchain-based Pension Deals Management Tool

Amazon – the online, US-based, e-commerce heavyweight – has announced its collaboration with Legal & General – an insurance agency located in London, UK – to design a...

| Jun 13, 2019 04:45

Brexit Delaying Blockchain Project for UK Customs

A recent Parliament session in the UK (Feb 7) has revealed that the implementation of a distributed ledger project to support its customs needs is being held back till after Brexit. The project was...

| Feb 17, 2019 04:40

UK Financial Regulator Publicly Consults on Guidance for ‘Cryptoasset Activities’

The UK’s independent financial regulator, the Financial Conduct Authority (FCA), has revealed in a press release (Jan 23) that it is consulting on a guidance for what it calls “cryptoasset...

| Jan 29, 2019 08:00

Binance Launched New Exchange Targeting UK, EU Users

Binance has just announced its expansion to Europe with the launch of Binance Jersey, a new fiat-to-crypto trading platform in the Island of Jersey. This exchange will allow traders to trade Bitcoin...

| Jan 22, 2019 08:29