United Kingdom

UK on the hunt for CBDC lead as it ramps up digital pound efforts
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28 January, 2023

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
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21 January, 2023

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
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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...
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