United Kingdom

UK watchdog raises concerns amid growth in digital wallets
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24 February, 2025

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
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21 February, 2025

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
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21 January, 2025

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
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20 January, 2025

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
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15 January, 2025

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
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15 January, 2025

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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