UK Government Asks Crypto Industry to Provide Insights on Its Regulatory Approach

UK Government Asks Crypto Industry to Provide Insights on Its Regulatory ApproachHer Majesty’s Treasury in the U.K. issued a document that details a series of proposals addressing the crypto community. With the consultation, the Treasury is initiating a “regulatory approach to cryptoassets and stablecoins” for 2021 following the Brexit turmoil. Special Focus on Stablecoins Regulation According to the official announcement, the consultation mainly targets stablecoins to […]

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British Bank Says “No” to Crypto Firms from Gibraltar

British Bank Says “NO” to Crypto Transactions from GibraltarLess than a week since it started licensing blockchain businesses, Gibraltar has received bad news from the United Kingdom. A leading British bank has refused to process orders from crypto firms based in the overseas territory. Gibraltan banks are now on the lookout for another UK banking partner. Also read: Britain: Where You Can Bet […]

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