
United Kingdom
85% of UK firms applying for digital asset registration failed to meet minimum AML standards, FCA says
The FCA revealed that 5% of firms that had applied for authorization were accepted on the first attempt, while 85%...
UK on the hunt for CBDC lead as it ramps up digital pound efforts
U.K. Treasury is looking for a Head of Central Bank Digital Currency who will lead its work on a potential...
UK Lords: Broader regulation is needed to govern Bitcoin and digital currencies
After its second reading of the Financial Services and Markets Bill, members of the British House of Lords have voiced...
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
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
'Designated cryptoassets' in the United Kingdom are now qualified for Investment Manager Exemption, allowing foreign investors to evade strict tax...
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