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United Kingdom

BUSINESS

Survey: U.K. Crypto Companies Must Bank Abroad

Diana Ngo -
According to research from CryptoUK, nearly three-quarters of crypto companies in the United Kingdom are forced to open foreign bank accounts.
BUSINESS

U.K. Releases Economic Crime Plan That Addresses Crypto Assets

Ipecdunmanintern -
The U.K.’s Economic Crime Plan outlines AML and CFT regulations for crypto assets to be implemented in January 2020.
BUSINESS

British Regulator Proposes a Ban on Retail Sales of Crypto Derivatives

Jimmy Aki -
The Financial Conduct Authority wants to ban the sale of crypto derivatives to retail investors in a bid to protect them.
BUSINESS

First Crypto Investment Firm Receives Regulatory Approval in U.K.

Diana Ngo -
Crypto investment management firm Prime Factor Capital Ltd., has been authorized as a full-scope alternative investment fund manager.
TECHNICAL

The Coinbase Card Expands to Six More European Countries

Jimmy Aki -
Coinbase has made its crypto-powered Visa debit card available in Germany, Spain, the Netherlands, Italy, France and Ireland.
CULTURE

bitFlyer Conducts European Study of Consumer Crypto Confidence

Landon Manning -
Japanese crypto and blockchain company bitFlyer released the results of a study assessing the public confidence in bitcoin and crypto assets of 10,000 people across 10 European nations.
TECHNICAL

Coinbase Introduces Debit Card Linked to Cryptocurrency Balances for U.K. Customers

Jimmy Aki -
"Coinbase Card supports all crypto assets available to buy and sell on the Coinbase platform, meaning they can pay for a meal with bitcoin, or use ethereum to fund their train ticket home," the platform says.
BUSINESS

B2C2 Gets Go-Ahead from U.K. Regulators to List Bitcoin Derivative

Landon Manning -
B2C2 has recently announced that British regulators have given their U.K.-based subsidiary approval to offer the crypto space a new investment derivative.
BUSINESS

Binance Expands Fiat-to-Crypto Exchange Into Europe Via Jersey

Jimmy Aki -
Binance’s cryptocurrency exchange platform has expanded into the European market with its entry into the Island of Jersey, a self-governing dependency of Great Britain.
BUSINESS

British Revenue and Customs Agency Clarifies Law on Crypto Taxes

Landon Manning -
The British government has recently released a policy paper clarifying the tax laws on crypto assets.
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