Taxes
Tax experts challenge HMRC’s proposed tax framework as ‘Not fit for purpose’
Exploring a stricter lens through which to view DeFi taxation, unveiling complexities and proposing modifications
Liam 'Akiba' Wright 4 min read
UK News
FCA policy, institutional products, startups, and the UK’s digital asset regulatory roadmap.
Coverage footprint 1.8%
News sentiment 50 /100
Top UK Stories
Adoption
Financial Services and Markets Act granted Royal Assent by King Charles, making crypto trading a regulated financial activity in the UK
The Financial Services and Markets Bill, which intends to make the UK a competitive financial center, includes crypto among its vision.
Exchanges
Binance loses Euro payment partner; denied licensing in Germany
Binance struggles in Europe continue as it has lost its EURO payment partner.
Latest UK Crypto News & Analysis
Macro
Central bankers warn of further rate hikes at ECB Forum
The central bankers were vocal about the need for further rate hikes to bring inflation down to the 2% target, despite the risk of economic downturn.
Regulation
UK Law Commission proposes classifying crypto as a new type of property
Other Law Commission recommendations include creating expert panels and implementing a legal framework around crypto collateral arrangements.
CBDCs
Bank of England policy makers clash over digital pound design
Reports have emerged that the team behind the "digital pound" at Bank of England are split over the balance between central controls and decentralized ledger benefits.
Regulation
Bill recognizing crypto as ‘regulated activity’ in UK passes House of Lords
Parliament's upper house has passed the Financial Services and Markets Bill, which includes language that would regulate cryptoassets.
Exchanges
Binance’s UK subsidiary withdraws FCA registration as European exodus continues
Binance no longer has an authorized entity in the U.K, according to the FCA website.
Adoption
Andreessen Horowitz applauds UK’s progressive approach to crypto regulation as a16z to open UK office
VC firm Andreessen Horowitz says U.K. is on the right regulatory path - intends to develop U.K., European crypto ecosystem through London.
More UK Crypto News Headlines
Regulation
FCA to require ‘risk warnings’ on crypto as UK tightens regulation
Regulation
UK group suggests ‘Crypto Tsar’ role to coordinate regulation among departments
AI
UK Prime Minister Rishi Sunak considering new rules to regulate AI amid concerns of ‘existential threats’
Exchanges
