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UK Appoints Bim Afolami as Economic Secretary to Oversee Crypto Regulation
15.11.2023
Source: AdobeStock / Mary Bim Afolami has been appointed as the economic secretary to the Treasury of the United Kingdom, where he will have authority over policies that impact the adoption of digital assets and central bank digital currencies within the country. According to a recent announcement...
Kraken, UK trade body derides lawmaker description of crypto as 'gambling'
18.5.2023
CryptoUK, a trade body based in the United Kingdom, argued that a much more nuanced and tailored approach needs to be taken into consideration
CryptoUK calls on regulators to address de-banking of digital asset firms
21.3.2023
The trade association said many banks in the U.K. had begun imposing blanket bans on dealing with crypto firms “instead of taking a risk-based and case-by-case approach.”
UK Crypto ‘Whitelist’ Needed to Solve Debanking, Lobby Group Says
21.3.2023
British banks have said they keep people away from crypto for their customers' own protection
17 Crypto Firms Form a Market Integrity Coalition Aimed at Bolstering a Sensibly-Regulated Industry
7.2.2022
On February 7, 2022, a group of 17 digital asset companies revealed they formed an organization called the Crypto Market Integrity Coalition (CMIC). The well-known firms include crypto companies like Coinbase, Circle Internet Financial, Huobi Tech, Bitmex, Cryptocompare, and Solidus Labs. The newly...
UK tax agency cracks down on rules around DeFi lending and staking
3.2.2022
“HMRC treats crypto assets as property for tax purposes. However, this is inconsistent with the approach currently being adopted by Government and other regulatory bodies in the UK," said the executive director of CryptoUK Ian Taylor
Currency.com becomes executive member of self-regulating trade group CryptoUK
22.7.2021
The firm said it planned “to drive greater dialogue and collaboration with regulators and policy makers” as a member of the group
Dacxi joins self-regulating trade group CryptoUK as executive member
14.1.2021
The exchange will unite with Binance.UK, Coinbase, CryptoCompare, Ripple, eToro, and others in leading the association’s strategic direction
Binance.UK joins self-regulating trade group CryptoUK as Exec Member
27.8.2020
Ahead of the launch of its U.K. regulated cryptocurrency exchange, Binance.UK vows to proactively update CryptoUK’s code of conduct to remain fit for purpose