Majority of UK MPs ‘lack crypto knowledge,’ says industry association
According to CryptoUK, MPs Andrew Griffith and Lisa Cameron were among the top crypto proponents in the U.K. government. Go to Source
United Kingdom
Auto Added by WPeMatico
Crypto in the well and snake villain star in FCA’s pixelated animation
The United Kingdom’s financial regulator has published a pixelated, video game-styled Wild West cartoon to enlighten investors. Go to Source
AI guidance for judges in England and Wales warns against risks
UK senior judges have published a set of AI guidelines for the judiciary to follow, which advises how to use AI and warns of the potential risks of using the technology in trials. Go to Source
British regulator adds Justin Sun-linked Poloniex to warning list after $100M hack
The Financial Conduct Authority warns that the crypto exchange is operating without proper authorization. Go to Source
Tax services are getting pushy to have crypto declared: Law Decoded, Nov. 27–Dec. 4
Spain and Brazil are chasing cryptocurrency stored abroad, while the U.K. wants taxes paid for crypto assets that weren’t previously declared. Go to Source
UK House of Commons recommends further CBDC tests on viability, risks
The U.K. Parliamentary Committee fears that an official launch will demand a significant investment, adding that “It is not clear to us at this stage whether the benefits are likely to outweigh these risks.” Go to Source
Crypto payment firm Alchemy Pay adds SEPA deposits in Europe
Alchemy Pay has introduced new deposit options, including the Euro Instant solution, SEPA Instant, and the U.K. fast money transfer option, Faster Payments. Go to Source
Former British Chancellor’s crypto firm Copper launches tokenized securities platform
Copper plans to use its arm in the United Arab Emirates, Copper Securities, to capitalize on the demand of institutional investors. Go to Source
UK crypto hodlers get a call from the tax grinch
HMRC has issued a stark warning to crypto, NFT and utility token holders that they must pay their taxes on time or face the consequences. Go to Source
How to buy Bitcoin and Ethereum in the UK
Buy Bitcoin and Ether legally and securely in the U.K. and get insights on regulations, storage and investment options to make informed decisions. Go to Source