uk crypto regulation – DIGIT INFO

FCA releases discussion paper on crypto market transparency, abuse

DIGIT — Mon, 16 Dec 2024 17:50:55 +0000

In the latest step in the long process of regulating crypto in the UK, the FCA is asking for feedback on two areas under its responsibility.

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UK to deliver comprehensive crypto regulation framework by early 2025

DIGIT — Thu, 21 Nov 2024 20:26:20 +0000

The Labour government is reportedly readying crypto, stablecoin and crypto asset regulations as Europe pulls ahead and the US changes its crypto policies.

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UK’s finance watchdog defends ‘too tough’ on crypto stance

DIGIT — Tue, 22 Oct 2024 10:52:06 +0000

The FCA has defended its rigorous crypto regulations, countering claims that its high standards stifle innovation and hinder the UK’s global financial leadership.

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UK’s FCA provides more guidance on crypto promotion compliance

DIGIT — Wed, 07 Aug 2024 19:46:17 +0000

The financial regulator is trying to bring companies offering crypto services into line with requirements that came into force in October.

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UK crypto industry publishes Travel Rule navigation guide

DIGIT — Thu, 06 Jun 2024 10:56:42 +0000

The Travel Rule requires crypto businesses to collect, verify and share information about digital asset transactions with another crypto company.

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UK Regulator: Crypto Firms Undeterred by Strict Regulation — ‘They Know We Have a Good System’

DIGIT — Sun, 02 Oct 2022 12:30:42 +0000

The Financial Conduct Authority (FCA), Britain’s top financial regulator, has revealed that many crypto firms are still seeking licenses to operate in the U.K. despite failing to meet regulatory requirements the first time. “They know we have a good system of regulation and if they meet our standards that’s important for every jurisdiction that they […]

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What New UK Prime Minister Liz Truss Says About Cryptocurrencies

DIGIT — Tue, 06 Sep 2022 01:00:52 +0000

Liz Truss, Britain’s new prime minister, previously said: “We should welcome cryptocurrencies in a way that doesn’t constrain their potential.” Truss beat former Chancellor of the Exchequer Rishi Sunak, who had a plan to make the U.K. a crypto-friendly nation. Liz Truss Becomes Britain’s New Prime Minister Liz Truss has won the race to become […]

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UK Parliamentary Group Seeks Views of Crypto Industry Players

DIGIT — Sat, 06 Aug 2022 04:30:26 +0000

A parliamentary group in the United Kingdom, the Crypto and Digital Assets All Party Parliamentary Group (APPG), recently said it had launched an inquiry that will examine the country’s present approach to crypto and digital asset regulation. In addition to gathering information via evidence sessions, the APPG said it is also open to views from […]

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UK Unveils Comprehensive Plan to Become Global Crypto Hub With Dynamic Regulation

DIGIT — Tue, 05 Apr 2022 01:00:19 +0000

The U.K. government has unveiled a detailed plan to make the country a global crypto hub and “a hospitable place for crypto.” The plan includes establishing a dynamic regulatory framework for crypto, regulating stablecoins, and working with the Royal Mint to create a non-fungible token (NFT) to be issued by the Summer. U.K. Wants to […]

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UK Regulator FCA Says Crypto Exchange Binance Has Complied With Its June Requirements

DIGIT — Thu, 26 Aug 2021 03:24:17 +0000

The U.K. financial regulator, the Financial Conduct Authority (FCA), has announced that cryptocurrency exchange Binance has complied with the requirements it imposed on the company in June. The FCA further clarified that while Binance is allowed to provide some investment services, it is not authorized to provide services related to crypto assets in the U.K. […]

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