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How to trade crypto in the UK using Revolut X
17.5.2024
Uncover the step-by-step process for moving fiat from the Revolut banking app into the Revolut X application and trading cryptocurrencies
UK Local Elections Show Swing to Labour With General Election Pending
3.5.2024
The government, which has adopted a pro-crypto stance, must hold a general election by end-January
Crypto firms among ‘greatest risks’ for money laundering in 2022-2023: UK govt
2.5.2024
Crypto firms, wealth management companies, and retail and wholesale banking remain “particularly vulnerable” to financial crime, according to a U.K. Treasury report
Crypto Was One of the Biggest Money Laundering Risks in 2022-2023: UK Govt. Report
1.5.2024
Between 2022 and 2023 Crypto alongside retail banking, wholesale banking and wealth management posed the greatest risk of being exploited for money laundering, a report by the U.K. Treasury department showed
New UK Law Empowering Authorities to Seize and Destroy Crypto Assets Takes Effect Today
27.4.2024
A new law enabling the National Crime Agency and police to seize, freeze, and destroy crypto assets is now in effect in the UK. Under this law, police can seize crypto from suspects without needing to make an arrest first. Additionally, victims have the right to request the release of funds held...
UK Law Enforcement Agencies Can Now Seize Crypto More Easily as New Rules Take Effect
26.4.2024
New powers that will help law enforcement agencies seize crypto used for crime came into effect on Friday, the U.K Home Office said in a press release
UK Lawmakers Call for Govt to Develop Crypto, Blockchain Skills Pipeline
17.4.2024
Member of Parliament Lisa Cameron called for the government to ensure that all stages of education and the workplace develop digital skills
UK to Issue New Crypto, Stablecoin Legislation by July, Minister Says
15.4.2024
The country passed a landmark bill in June that laid the foundation for stablecoins and other crypto to be treated as regulated financial activities
US, UK, Germany Among Countries With Largest Government Crypto Holdings, Arkham’s Data Shows
14.4.2024
The United States, United Kingdom, and Germany rank among the top countries holding cryptocurrencies at the government level, according to data from Arkham Intelligence. The crypto analytic firm’s onchain analysis shows that the U.S. government holds 212,847 bitcoins while El Salvador...
UK Ad Rules Apply to Influencers, Crypto Memes, Regulator Confirms in New Guidance
27.3.2024
"The use of memes in promotions is particularly prevalent in the crypto-asset sector," the FCA's guidance said
NFT Providers May Need Registration to Comply With UK Money Laundering Rules
12.3.2024
The U.K. started a consultation on its money laundering rules on Monday
COPA v. Wright: What's at Stake as the Trial to Determine Satoshi's Identity Wraps Up
12.3.2024
The Crypto Open Patent Alliance and Craig Wright will present their closing arguments this week in a case debating whether Wright is indeed Satoshi Nakamoto
UK Law Enforcement Will Soon Have More Power to Seize Crypto Assets
1.3.2024
A crime bill passed last year gave law enforcement agencies more power to seize and freeze crypto
England's Law Commission Seeks Views on Draft Legislation to Label Crypto as Property
22.2.2024
The Law Commission also called for evidence on its project on digital assets and electronic trade documents in private international law
UK Police Seize 61,000 Bitcoins From Huge Chinese Investment Fraud
2.2.2024
The U.K. Metropolitan Police have reportedly seized more than 61,000 bitcoins from a massive Chinese investment fraud. A British citizen is accused of laundering bitcoin for a Chinese fugitive who allegedly stole roughly $6.4 billion from more than 128,000 investors. British Police Seize Over...
Digital Pound Legislation Will Provide Protections to Privacy and Control, Govt Says
25.1.2024
Many respondents to the digital pound consultation said that they had concerns about privacy and control
Lawmaker Calls for the UK Government to Do More for Blockchain
15.12.2023
Member of Parliament Natalie Elphicke also announced that the parliamentary group she chairs will be hosting industry round tables and a call for evidence
FCA Has Dealt With 1,400 Cases Related to Unregulated Crypto Activity, UK Regulator Reveals
13.12.2023
The U.K. Financial Conduct Authority (FCA) has revealed that it has dealt with over 1,400 crypto cases between January 2020 and June 2023. The regulator noted that “a shortage of crypto skills meant the FCA took longer than planned to register crypto-asset firms under money laundering...
Crypto.com Receives UK Authorization as an Electronic Money Institution
4.12.2023
The exchange said it plans to use the license to offer e-money products in the U.K
UK's Proposed Crypto Rules Could Drive Away Foreign Firms, Lawyers Say
16.11.2023
The government has said it won't extend certain regulatory exemptions reserved for foreign TradFi firms to crypto