U.K. Crypto News
Learn about the latest United Kingdom blockchain news, events, and companies from CryptoSlate, a leading destination for cryptocurrency and blockchain news.
Bank of England’s vision for the digital pound differs from China’s model
The BoE proposes involving the use of retail banks and private payment providers as the "interface" for the digital pound.
BoE calls for tougher rules as crypto market plunges $2 trillion
Bank of England called for tighter regulations on the crypto industry to manage volatility owing to the crypto market cap falling to $900 billion in 6 months.
U.K. tax authorities seek public consultation on DeFi tax treatment
HMRC follows up on Chancellor Sunak's pledge to enhance the competitiveness of crypto-asset taxation by calling on the input of DeFi stakeholders.
Hackers promote crypto on British Army Twitter and YouTube pages
The Army has said it is going to conduct a full investigation into the hack.
Blockchain lacks meaningful use cases, tech journalists tell UK lawmakers
Blockchain technology provides security for things that don’t need securing and are not a problem, according to David Gerard.
ThursDAO: London’s crypto co-working hub
A case study in decentralized community organizing.
BoE’s Cunliffe believes crypto will continue to grow
Bank of England's deputy governor Jon Cunliffe likened crypto to the early days of the internet and said the ones who don't give up will grow like Amazon and eBay did.
Conservative MP Matt Hancock advocates for “attractive” tax and regulatory regimes in the U.K.
The Conservative MP Matt Hancock stated that the UK needs to be more liberal in its approach to crypto regulation.
eBay acquires KnownOrigin marketplace, expanding NFT business
KnownOrigin said it believes the acquisition would "help bring even more creators and collectors into the space."
Tether to launch new stablecoin token pegged to British pound
Tether CTO Paolo Ardoino hopes GBP₮ can support the U.K's plans to become a significant crypto hub.
The U.K makes a turnaround on KYC rule
The new rule only requires crypto insitution facilitating the transaction to collect personal data on transactions to unhosted or private wallets.
UK proposes legislation amendments to regulate stablecoin issuers
In the wake of the Terra LUNA collapse, the U.K. government has proposed amendments to regulate crypto firms, including stablecoin issuers.
Bitcoin, Gold and Bonds could dominate 2022 – Bloomberg Intelligence
As global equity markets continue their downtrend, a global commodities expert from Bloomberg believes that Bitcoin may be part of an group of assets to dominate in 2022
Manchester City to celebrate clubs iconic moments with NFT collectibles
Premier football club, Manchester city partners with Animoca Brands Quidd marketplaces for unique collection of NFTs.
What now for stablecoins following the Terra UST disaster?
The Terra implosion provoked a backlash from lawmakers who say tougher rules on stablecoins are needed to govern the space.
UK Treasury reaffirms commitment to regulate stablecoins following TerraLUNA fiasco
The UK's Treasury Department will be regulating stablecoins in a move that is set to create a healthy environment for stablecoin issuers and service providers.
Chelsea’s new shirt sponsor is a crypto platform
Chelsea becomes the second club in the English premier league to have a cryptocurrency platform as one of its main sponsors.
Criminals continue to scam people with fake crypto ads on Facebook using Martin Lewis’ images
An FTC report revealed that crypto scams on social media led to the loss of over $700 million to rackets operating on these sites.