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Crypto Exchange CEX.IO Receives Temporary Registration Status with UK FCA

Crypto Exchange CEX.IO Receives Temporary Registration Status with UK FCA

The UK Financial Conduct Authority (FCA) has granted crypto exchange CEX.IO a temporary registration status to operate until July 9, 2021.

UK Government Wants FCA Oversight on Crypto Investment Advertising

UK Government Wants FCA Oversight on Crypto Investment Advertising

The UK Government has proposed that crypto asset promotions should fall under the scope of the Financial Conduct Authority’s existing oversight and does not require a whole new framework just for digital assets.

Crypto Fund Managers Infuriated with UK Watchdog's Recent Ban on Crypto Derivatives

Crypto Fund Managers Infuriated with UK Watchdog's Recent Ban on Crypto Derivatives

Crypto fund managers have released an angry response to the UK financial regulator's recent ban on the sales of crypto derivatives to retail consumers.

DAG Global Seeks to Break New Ground as First UK Bank to Support Crypto Businesses

DAG Global Seeks to Break New Ground as First UK Bank to Support Crypto Businesses

DAG Global, a UK financial services company, aims to set a precedent by gaining a UK banking license to close the void between banks and crypto businesses. It intends to become the nation’s first bank to support cryptocurrency businesses.

Binance to Launch UK Crypto Exchange to Meet Client Demand

Binance to Launch UK Crypto Exchange to Meet Client Demand

Binance, the leading cryptocurrency exchange has announced that it will launch a regulated crypto trading platform in the UK, in the coming months. Binance.UK is planning to create a trading platform to allow retail and institutional investors to sell and buy cryptocurrencies using euros and pounds.

UK Lords Push BoE to Ease GBP Stablecoin Rules

UK Lords Push BoE to Ease GBP Stablecoin Rules

The UK House of Lords warns strict BoE stablecoin rules risk stifling GBP-pegged token innovation. Recommendations prioritize viability and competitiveness.

Winklevoss Twins' Gemini and Archax Exchange Now Licensed by UK Financial Conduct Authority

Winklevoss Twins' Gemini and Archax Exchange Now Licensed by UK Financial Conduct Authority

The UK Financial Conduct Authority has granted a license to the Winklevoss twins’ Gemini cryptocurrency exchange.

UK Financial Regulator Reveals: 1.9 Million British Adults Own Cryptocurrencies

UK Financial Regulator Reveals: 1.9 Million British Adults Own Cryptocurrencies

The Financial Conduct Authority (FCA) in the UK reported that 1.9 million adults own cryptocurrencies, representing 3.86% of the general population. The regulator also noted that 75% of them hold crypto worth less than £1,000, approximately $1,230.

Over 100 Car Dealers to Accept Crypto Payments in the UK Boosting Crypto Adoption

Over 100 Car Dealers to Accept Crypto Payments in the UK Boosting Crypto Adoption

At least 100 car dealers in the UK have inked a partnership with London-based AutoCoinCars, the nation’s market leader in trading cars with cryptocurrencies. Through the strategic collaboration, clients will be able to purchase cars using cryptos in some of the biggest car dealers in the UK, such as Benz Bavarian, Saxton4x4, and Redline Specialist Cars.

UK Court Recognized Cryptocurrency as Property in Freezing Order

UK Court Recognized Cryptocurrency as Property in Freezing Order

In a property ownership tussle, UK high court found itself in the second attempt to recognize cryptocurrency as property. This time round, the court imposed a freezing order to crypto firm directors who failed to prove that they were not owners of the disputed cryptocurrencies.

XRP Token is Classified as a Non-Security by the UK Treasury

XRP Token is Classified as a Non-Security by the UK Treasury

The UK has released a report for crypto assets and stablecoins to deliver a more comprehensive overview of its financial system.

PayPal Payment Giant to Expand Cryptocurrency Offerings to UK Market Within Months

PayPal Payment Giant to Expand Cryptocurrency Offerings to UK Market Within Months

PayPal has revealed a brief timeline, indicating the expansion of its crypto business to the UK market in a few months’ time.

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