#uk
Latest cryptocurrency news and articles about uk. Stay updated with developments, analysis, and insights.
UK Crypto ETN Market Turns Fierce After Retail Access Restored — Issuers Slash Fees to 0.05%
A fierce price war has erupted in the UK’s cryptocurrency exchange-traded note (ETN) market after regulators reopened access to retail investors for the first time in over four years. The move has tri...
UK hits Apple and Google with new market power rules to spur competition
The UK Competition and Markets Authority ( CMA) has taken a step toward loosening Apple and Google’s dominance over smartphones by labeling the two companies as having “strategic market status,” allow...
UK Tax Authority Sends 65,000 Crypto ‘Nudge Letters’ to Suspected Tax Evaders
HM Revenue & Customs (HMRC) has intensified its scrutiny of the crypto sector, sending 65,000 “nudge letters” to investors suspected of underreporting or evading taxes on digital assets, more than dou...
Bank of England Promises ‘Temporary’ Stablecoin Caps – But Sets No End Date
The Bank of England will impose “ temporary ” limits on stablecoin holdings to protect credit availability, but has not specified when the caps will be lifted, Deputy Governor Sarah Breeden confirmed ...
The UK Offers Bitcoin Fraud Victims Compensation – But Keeps Most of $7.2B Haul
The UK government has proposed a compensation scheme for victims of a Chinese investment fraud while seeking to retain the majority of a £5 billion ($7.2 billion) Bitcoin fortune seized from the perpe...
UK election watchdog to update rules on crypto-based political donations
The UK’s Electoral Commission is planning to update its approach to crypto-based political financing. This comes after Reform UK, a major political party, informed the commission that it had received ...
Investigators Trace Crypto to Dark Web Drug Scheme; UK Trio Jailed
Three men from the United Kingdom have been sentenced to a combined total of 27 years in prison for operating an extensive crypto-related drug scheme, an October 13 press release from the Regional Org...
Three Men Jailed for Using Dark Web and Crypto to Sell Drugs Across UK
Three men have been jailed for running a nationwide Class A drug operation using the dark web and cryptocurrency to conceal their identities and payments. Key Takeaways: Three men were jailed for runn...
UK retail sales slow as budget concerns curb spending
UK retail sales lost some momentum in September as wary consumers put off purchases and concentrated on the essentials. Concerns about the government’s forthcoming budget were behind the slowdown, new...
Farage Pitches Himself as Crypto’s ‘Champion,’ Proposes UK Bitcoin Reserve and Tax Cuts
Nigel Farage has pledged to slash crypto taxes and establish a UK Bitcoin reserve if elected. Reform UK’s leader declared at the Digital Asset Summit in London on Monday that “when it comes to your in...
UK-Listed Smarter Web Company Buys $12.1M in Bitcoin, Lifts Holdings to 2,650 BTC
Smarter Web Company, the UK’s largest publicly traded Bitcoin holder, has purchased another 100 BTC valued at $12.1 million, paying an average price of $120,480 per coin. The company’s press release c...
IFS urges Reeves to overhaul UK tax system
The Institute for Fiscal Studies(IFS) has urged Rachel Reeves, the Chancellor of the Exchequer in the UK, to take advantage of the November budget to implement significant changes to the current tax s...