U.K. Crypto News
Learn about the latest United Kingdom blockchain news, events, and companies from CryptoSlate, a leading destination for cryptocurrency and blockchain news.
British pound drops to all time lows against the dollar
With the GBP acting as volatile as low market cap cryptocurrencies, the fact that one Bitcoin still remains one Bitcoin has never been so valid.
CryptoSlate Wrapped Daily: Binance hires ex-Kraken compliance chief; Coinbase faces patent infringement lawsuit
Bitcoin mining firm Compute North files for chapter 11 bankruptcy, CFTC fines bZeroX for $250K while filing a lawsuit against its successor Ooki DAO, and much more in this edition of CryptoSlate Wrapped Daily.
UK should lower crypto tax rate to encourage growth – MP Matt Hancock
Matt Hancock announced during Zebu Live that HMRC needs to take a growth-maximizing mindset by lowering taxes to foster innovation within crypto
UK’s new bill aims to help law enforcement seize, freeze crypto
The bill will strengthen the country's image as a place for legitimate businesses to thrive while driving out dirty money.
Toxica creator thinks NFTs are the future of independent filmmaking
Rona Walter McGunn, the creator of the first feature film fully released on the blockchain, believes that the future of independent filmmaking lies in NFTs.
CryptoSlate Wrapped Daily: Ripple and SEC move to settle lawsuit, FTX not authorized to operate in UK
Ripple and SEC file for summary judgement, Ronin bridge struggle to attract 21 validators as Q2 TVL drops by 82.7% and much more in this edition of CryptoSlate wrapped daily.
UK regulator says FTX has no authorization to operate in the country
UK FCA has taken a hard stance against crypto and fintech companies operating without authorization, requiring all companies offering financial services to register with it.
Research: Cryptocurrencies at risk as new UK Prime Minister contends with economic challenges
Liz Truss has yet to declare her crypto stance. However, tough decisions in the meantime spell trouble ahead for digital assets.
UK judge rules to extradite Christopher Hamilton to US for trial on OneCoin scam
Two Britons Hamiton and McDonalds had filed to avoid extradition the US. A UK Judge, however, ruled that Hamilton will proceed for trials in the US, while McDonald will remain in the UK.
Twitter influencer Hodlonaut drums up support ahead of Craig Wright trial
Magnus Granath, AKA @Hodlonaut, brought legal proceedings against Craig Wright for a trial starting September 12.
Manchester United loses against Bitcoin too — Elon would have been over 6,000x better off buying BTC
Elon Musk quipped about buying Manchester United. However, $100 invested in Manchester United at its IPO would have netted just $98 at its peak price.
Crypto.com eyes security via regulation as it secures UK FCA approval amid global compliance tour
One of the biggest names in crypto, Crypto.com, just received FCA approval in the UK making it one of just 37 companies to achieve the status.
UK’s ASA uphold ruling against Arsenal over fan token ads
According to the regulator, the advertisements were promotion of cryptocurrencies to the general public. Hence, it should contain clear warnings about the risks of such investments.
Conservative leadership race has U.K global crypto hub ambitions in limbo
The U.K's plans to become a global crypto hub hang in the balance as Sunak and Truss face off for the Prime Minister role.
UK introduces new rules for promotion of high-risk assets; crypto in the crosshairs
The FCA chalked out tougher rules for the marketing of high-risk investment products and is waiting for the passing of legislation to see how crypto promotions come under its purview.
UK High Court rules in favor of Craig Wright, awarding £1 in defamation damages
Judge Chamberlain ruled Craig Wright had suffered damage to his reputation caused by Peter McCormack, however, falsified evidence from the Claimant led to the award of nominal damages.
England Law Commission recommends reforming property laws for digital assets
The Commission proposes creating a new category of "data objects" to ensure that private property laws can be applied to digital assets.