uk government – Page 6

UK to Tighten Rules on Crypto Ads to Ensure They’re Fair, Clear, Not Misleading

The U.K. government has announced plans to impose new rules on cryptocurrency ads to ensure they are fair, clear, and not misleading to consumers. The rules will be enforced by the Financial Conduct Authority (FCA). UK to Impose New Rules on Crypto Ads The U.K. government announced Tuesday plans to impose new rules on cryptocurrency […]

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UK Treasury wants to remove blockchain reference from crypto definition

The new set of crypto regulatory proposals in the U.K. aims to bring DeFi under the scope of the law on a case-to-case basis.

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Law Decoded: Looking ahead to 2022, Jan. 3–10

By all appearances, we are in for a busy year in crypto regulation and policymaking.

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BoE deputy gov: regulators should pursue crypto as a ‘matter of urgency’

The central bank official spoke about the risks cryptocurrencies and stablecoins may pose when connected to traditional financial systems through individuals, financial institutions, hedge funds, and banks.

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Binance incapable of effective supervision, British regulator states

The world’s largest exchange has played regulatory hopscotch, moving from different jurisdictions without central offices.

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Wirex halts UK signups after consultation with financial regulator

Wirex has temporarily halted signing up new U.K. customers following what it called “constructive dialogue” with the Financial Conduct Authority.

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FCA releases detailed 5-point plan to make UK a fintech powerhouse

A 108-page report details how the United Kingdom can retain its status as one of the global centers for fintech innovation and business.

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

Her 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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Following Brexit, the UK asks crypto industry about rules for cross-border stablecoins

In addition to trying to define stablecoins, the UK is looking to establish how close it wants its crypto laws to be to other countries.

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UK Government Seizes $185 Million From Dormant Bank Accounts for Crisis Relief

UK Government Seizes $185 Million From Dormant Bank Accounts for Crisis Relief The UK government is seizing funds in dormant bank accounts worth approximately $185 million to fund its coronavirus relief efforts. So far, 30 banks have been voluntarily transferring money from dormant accounts to the government, including HSBC, Barclays, Clydesdale, Credit Agricole, Danske, Santander, Lloyds, and Bank of Scotland. The government has also proposed adding other […]

The post UK Government Seizes $185 Million From Dormant Bank Accounts for Crisis Relief appeared first on Bitcoin News.

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