Analysis
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.
Andjela Radmilac 3 min read
UK News
FCA policy, institutional products, startups, and the UK’s digital asset regulatory roadmap.
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Crypto
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.
Taxes
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
Latest UK Crypto News & Analysis
Regulation
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.
NFTs
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.
Crypto
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.
Exchanges
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
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.
Scams
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.
More UK Crypto News Headlines
Legal
Twitter influencer Hodlonaut drums up support ahead of Craig Wright trial
Culture
Manchester United loses against Bitcoin too — Elon would have been over 6,000x better off buying BTC
Regulation
Crypto.com eyes security via regulation as it secures UK FCA approval amid global compliance tour
Sports