UK To Regulate Stablecoins as a Form of Payment Via New Bill
By / July 20, 2022, 4:54 pm EDT

The UK’s bill, introduced to parliament on Wednesday, follows the EU’s approach to regulating stablecoins while repealing union-era law

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EBay Acquires UK-based NFT Marketplace KnownOrigin
By / June 22, 2022, 9:34 pm EDT

E-commerce giant eBay has picked up Manchester-based NFT marketplace KnownOrigin for an undisclosed sum in a deal finalized Tuesday

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Terra Collapse Sparks Stablecoin Regulation in the UK
By / May 31, 2022, 2:06 pm EDT

A consultation paper suggests the Bank of England should oversee payment systems that “threaten the stability of the UK financial system”

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Bank of England Says Crypto Has Busted Its Budget in $419M Shortfall
By / April 21, 2022, 5:55 pm EDT

The financial regulator said it’s planning to hire about 100 more employees

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UK Treasury Asks Government Coin Issuer To Mint NFT
By / April 4, 2022, 2:28 pm EDT

Chancellor Rishi Sunak has asked government-owned coin issuer the Royal Mint to create the digital asset

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UK Aims To Let Consumers ‘Use Stablecoin Services With Confidence’
By / April 4, 2022, 11:43 am EDT

The finance ministry’s approach builds on existing frameworks with a focus on backing reserves

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UK Watchdog Clamps Down on Crypto Firms for ‘Misleading’ Advertisements
By / March 22, 2022, 3:46 pm EDT

More than 50 cryptocurrency companies have been put on notice for “misleading” and “irresponsible” advertisements

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Former Bank of England Governor Throws Support Behind CBDCs
By / June 30, 2021, 10:15 am EDT

In a speech to the Bank of International Settlements, Mark Carney, the former governor of the Bank of England and the Bank of Canada argued that the further integration of stablecoins into the global economy would give big tech too much power in the economy and would be difficult to unwind.

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UK FCA Binance Ban Not Prohibiting British Traders
By / June 28, 2021, 2:56 pm EDT

Regulatory ban targets UK subsidiary from advertising and serving users, not the Binance parent

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Bulk of UK Independent Financial Advisors Wary of Crypto
By / June 17, 2021, 3:33 pm EDT

A third of the advisors however believe such currencies will become legitimate investment vehicle.

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