Regulation
How will the crypto tax debate play out in the UK?
Like many nations, the UK is formulating new rules and guidelines for crypto taxation. Will they help or hinder its crypto hub aspirations?
SlamX
Lens
UK
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Bitcoin News
Australia gears up for state-backed digital currency trials
Top blockchain and crypto news: Digital dollar didgeridoos. Bitcoin softens as sterling sinks. ‘World’s dumbest’ crypto criminals nabbed in China.
Forkast.News
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Regulation
UK bill allows law enforcement to ‘seize, freeze, recover’ crypto assets
The United Kingdom has introduced a bill that would enable its law enforcement agencies to “seize, freeze and recover” crypto assets, to prevent cyber crime and money laundering. See related article: UK watchdog: Crypto firms fall short on anti-money laundering rules Fast facts The reforms to the governmental Companies House, including issues beyond crypto, are […]
Pradipta Mukherjee
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Regulation
If the UK wants to become a crypto hub, it must do better
Britain's internal divisions could thwart its crypt ambitions, writes Nick Saponaro of Divi Labs. Will it be eclipsed by crypto-friendly Dubai?
Nick Saponaro
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NFTs and Art
Queen Elizabeth artwork NFTs flood into OpenSea marketplace
Demand for non-fungible tokens connected to the late monarch surge along with prices.
Pradipta Mukherjee
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Regulation
New UK PM, finance minister have previously supported crypto, blockchain
Britain’s new Prime Minister Liz Truss has appointed Kwasi Kwarteng, former head of the U.K.’s department for business, energy and industrial strategy, as the new finance minister, charging him with decisions that will impact British and global crypto markets. See related article: Bank of England calls for greater crypto regulation Fast facts Former Finance Minister […]
Dylan Butts
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Regulatory News
UK seeks guidance on how to regulate crypto, digital assets
A U.K. parliamentary group is seeking advice from both industry players and policymakers on regulating cryptocurrencies and the digital asset sector, according to a press release. See related article: UK seeks to regulate stablecoins for payments in new markets bill Fast facts See related article: Bank of England calls for greater crypto regulation
Ningwei Qin
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Regulation
UK seeks to regulate stablecoins for payments in new markets bill
The Financial Services and Markets Bill introduced in the U.K. parliament on Wednesday seeks to regulate stablecoins as a means of payment. See related article: Financial Stability Board calls for high regulatory standards for stablecoins Fast facts The legislation was largely awaited as it aimed at strengthening the U.K. financial system post-Brexit. In April, then-Chancellor […]
Monika Ghosh
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Regulatory News
Hong Kong SFC boss Ashley Alder to head UK’s Financial Conduct Authority
The U.K. Treasury on Friday named Hong Kong Securities and Futures Commission (SFC) CEO Ashley Alder as chairman of the U.K. Financial Conduct Authority (FCA). He is expected to start in January next year. See related article: UK finance watchdog to spend £11M to warn young people off crypto investment Fast facts See related article: […]
Ningwei Qin
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Altcoins
Tether to offer new sterling-pegged stablecoin, GBPT
Tether said it will launch a new stablecoin pegged to the British pound sterling in early July, the issuer of the world’s largest stablecoin, USDT, announced Wednesday. See related article: Tether market cap shrinks below US$70B, lowest since October 2021 Fast facts Tether’s announcement comes a week after Circle, the operator of the world’s second-largest […]
Danny Park
