United Kingdom | ForkLog

ForkLog 8 05.04.2022

UK Treasury to legalise stablecoins and issue NFTs

The British Treasury has announced plans to legalise stablecoins and gradually recognise them as a lawful means of payment.

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ForkLog 6 31.03.2022

UK extends temporary registration regime for a number of crypto firms

From 1 April 2022, the temporary registration regime for crypto firms will cease to apply in the UK. The FCA said it would make exceptions for a 'small number' of firms whose applications were not fully processed.

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ForkLog 6 25.03.2022

BoE outlines approach to regulating cryptocurrencies

The Bank of England (BoE) published the framework principles for shaping the regulatory and legal framework for cryptocurrencies, focusing on the future risks posed to financial stability by a new class of assets.

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ForkLog 8 21.03.2022

FTX to enter UK spot crypto market after regulator’s approval

The crypto exchange FTX has begun talks with UK regulators as part of plans to expand into the European market. In an interview with The Block, Patrik Grun, head of FTX Europe, said.

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ForkLog 5 14.03.2022

Standard Chartered’s crypto custodian to launch products for institutional investors

The Zodia startup, backed by the leading British bank Standard Chartered in partnership with Northern Trust, plans to launch investment products for institutional clients.

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ForkLog 8 11.03.2022

UK regulator to ban bitcoin ATM operators

The UK Financial Conduct Authority (FCA) warned that operators of cryptocurrency ATMs are operating illegally in the country.

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ForkLog 6 03.03.2022

British regulator reports investigations into 50 crypto firms

The UK's Financial Conduct Authority (FCA) continues investigations, including criminal cases, into 50 crypto firms.

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ForkLog 8 16.02.2022

Elliptic hires former FCA official Mark Aruliah as senior policy adviser.

Analytics company Elliptiс announced the appointment of Mark Aruliah as Senior Policy Adviser in the United Kingdom.

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ForkLog 5 14.02.2022

UK tax authority seizes NFT in first VAT fraud case worth £1.4m

The UK tax authority HMRC has, for the first time, seized non-fungible tokens (NFTs) in a probe into alleged VAT fraud worth £1.4m, according to the BBC.

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ForkLog 5 03.02.2022

UK clarifies tax treatment of staking and DeFi lending

The UK tax authority (HMRC) updated guidance on the taxation of income from staking and DeFi lending.

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ForkLog 17 19.01.2022

UK authorities tighten rules on cryptocurrency advertising

The UK Financial Conduct Authority published a draft rule on advertising certain cryptoassets. The document envisages banning campaigns that do not assess users' financial knowledge and experience.

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ForkLog 6 13.01.2022

UK Parliament questions the case for launching a digital pound

CBDC may offer certain advantages while also posing serious challenges to financial stability and privacy. This is the conclusion of the House of Lords Economic Affairs Committee report.

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