UK
Crypto-Real Estate's USDR Misled Investors as Tangible Brothers Made Millions
The 2023 crash of Tangible's USDR stablecoin is infamous in crypto circles. But a CoinDesk investigation reveals there's another story to be told.
Fintech Giant Revolut Said to Be Planning Stablecoin
Crypto-friendly Revolut is said to be quite far along in creating its own stablecoin, according to two people familiar with the plan.
UK Finance, Member Banks See Benefits During Experimental Phase of a Tokenization, CBDC Platform
Barclays, Citi UK, HSBC and Natwest participated in the Regulated Liability Network test.
English High Court Rules Tether's USDT Stablecoin Counts as Property
USDT attracts property rights as it can be the subject of tracing and can constitute trust property in the same way as other property, a judge in England declared.
UK Introduces Bill to Clarify Crypto's Legal Status
The Labour government said the bill will give owners of bitcoin and other digital assets greater legal protection.
UK Regulator Charges First Individual With Running a Network of Illegal Crypto ATMs
Olumide Osunkoya, 45 year old Londoner has been accused of running crypto ATMs that processed British pounds 2.6 million ($3.4 million) in crypto transactions across various locations.
Crypto Retail Market Is Poised for a Rebound: Gemini
Adoption of digital assets has remained steady in the U.S. and the U.K. in recent years, despite significant headwinds, a survey by the crypto platform showed.
U.S. Added 142K Jobs in August; UK Crypto Companies Struggle With Licensing
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as the U.S. job growth returns slightly less than expectations in August. CORRECTION: An earlier version of this story incorrectly said Telegram had changed its policy for private chats to permit moderators to police them. According to Telegram, there has been no change; moderators were already able to review private chats if a member of that chat requested that.
UK Regulator Says 87% of Crypto Registration Applications Failed to Meet Standards for Approval
The FCA approved only four of the 35 applications it received in the year ended March 31.
UK Regulator FCA Has Issued Over 1K Warnings to Crypto Firms Since October
The FCA's actions have led to the removal of 48 apps from U.K. app stores, Lucy Castledine, the regulator's director of consumer investments, said in an interview.
