
United Kingdom
UK watchdog raises concerns amid growth in digital wallets
In its report, the United Kingdom's FCA said digital wallets present several consumer benefits but pointed out some concerns regarding...
ESMA calls for feedback on ‘crypto’ staff competence guidelines
The ESMA has launched a consultation on guidelines for assessing the knowledge and competence of crypto-asset service providers' staff.
UK wants to ban ransomware payments from public institutions
The U.K.’s Home Office has proposed new laws to bar public institutions from bowing to ransomware demands and a mandatory...
UK’s CBDC advances with creation of sandbox-like laboratory
In its CBDC progress update, the Bank of England announced the creation of a Digital Pound Lab, which works similar...
Operation Destabilize: How criminals used Tether to launder cash
The U.K. launches its Operation Destabilize, a scheme targeted to clamp down money laundering and other financial crimes, with Tether...
UK: Digital asset staking is not collective investment scheme
The U.K. Treasury has amended finance laws to clarify that digital asset staking is not a collective investment scheme, allowing...
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