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United Kingdom

UK’s crime agency launches new virtual currency unit to combat fraud
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9 January, 2023

UK’s crime agency launches new virtual currency unit to combat fraud

Applicants vying for a position in the new 'crypto cell' department must have proper training on blockchain as they will...
UK’s new tax break on digital assets seeks to attract foreign investors
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4 January, 2023

UK’s new tax break on digital assets seeks to attract foreign investors

The Rishi Sunak government will implement a tax exemption for foreign investors who purchase digital assets through local investment brokers...
UK lists ‘cryptoassets’ under Investment Manager Exemption signaling ripple effect for funds
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27 December, 2022

UK lists ‘cryptoassets’ under Investment Manager Exemption signaling ripple effect for funds

'Designated cryptoassets' in the United Kingdom are now qualified for Investment Manager Exemption, allowing foreign investors to evade strict tax...
Crypto.com flagged by UK advertising watchdog over misleading NFT ads
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23 December, 2022

Crypto.com flagged by UK advertising watchdog over misleading NFT ads

ASA has once again called out Crypto.com over misleading advertisements, this time related to NFTs, which the advertising watchdog says...
Peter McCormack to pay $1.2 million in costs to Dr. Craig Wright
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22 December, 2022

Peter McCormack to pay $1.2 million in costs to Dr. Craig Wright

A court orders Dr. Craig Wright to pay the full legal costs of Peter McCormack and has requested the former...
Tulip Trading Ltd’s UK Court of Appeal hearing concludes
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9 December, 2022

Tulip Trading Ltd’s UK Court of Appeal hearing concludes

Central to the respondent developers’ argument is the impracticality of assigning fiduciary and tortious responsibility to developers in this way.
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