UK


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UK Financial Regulator Seeks Comments on Ad Approval Process for Crypto

Only companies with Financial Conduct Authority permission will be able to approve promotional material.

Coinbase ad on London Underground (Tube). August 2021. (Sheldon Reback/CoinDesk)

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Crypto Industry a Disaster in Need of Rebranding, UK Lawmaker Says

Lord Cromwell begs the industry to leave its "bad boats" to burn out at sea and ditch the word "crypto" following the FTX collapse.

(TerryHealy/Getty Images)

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UK's Crypto Agenda Won't Be Derailed by FTX Collapse, Minister Says

The country has a goal of becoming a crypto hub.

U.K. Economic Secretary Andrew Griffith (Dan Kitwood / Gettyimages)

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TradFi Giant TP ICAP Gains UK Crypto License

Fusion Digital Assets aims to offer a platform for matching crypto spot orders and execute trades.

TP ICAP, a major player in traditional financial markets, is entering the world of digital assets. (Andriy Onufriyenko/Getty Images)

Фінанси

London Court Orders Six Crypto Exchanges to Share Client Details to Assist in $10.7M Fraud Case

The unnamed crypto exchange traced $1.7 million of the stolen funds after being hacked for $10.7 million in 2020.

London's High Court (Francais a Londres/Unsplash)

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UK Crypto Fraud Climbs by a Third to Over $270M: Report

The country is in a recession and the cost of living has increased, making some people vulnerable to fraudsters.

A computer popup box screen warning of a system being hacked, compromised software enviroment. 3D illustration. (Getty Images)

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UK Lawmakers Support Easy Seizure of Crypto Linked to Terrorist Activity

The lower chamber of the U.K. Parliament had already voted in favor of proposed rules to make it easier for law enforcement to target crypto linked to crime.

(Travelpix Ltd/Getty Images)

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UK Lawmakers Vote to Widen Authorities’ Powers in Seizing Crypto-Related Property

The amendment builds upon a bill in Parliament that allows the government to seize cryptocurrencies tied to crime.

The House of Commons approves an amendment to a crypto-regulation bill that's now in Parliament. (Ugur Akdemir/Unsplash)

Фінанси

Crypto Lender Nexo Sued for Allegedly Blocking $126M Withdrawals in 2020-21

The claimants allege that Nexo froze their accounts in 2020-21 after they sought to remove their assets from the platform.

Crypto lender Nexo is being sued by three investors who allege the platform blocked their attempts to withdraw funds. (Nexo)

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UK May Need Digital Pound, Bank of England's Jon Cunliffe Says

The deputy governor said FTX's collapse highlights the need for more oversight of digital assets.

The Bank of England (Robert Bye/Unsplash)