UK

FCA Targets Meme Coin ‘Finfluencers’ with New Guidelines on Promotions

Per the FCA, "finfluencers" need agency-appointed rep approval before advertising memes about financial products/services.

2 months ago

UK Woman Found Guilty of Laundering Bitcoin Tied to $6 Billion China Fraud

The woman stands accused of converting Bitcoin into cash and property to conceal the proceeds of a $6.3 billion fraud…

2 months ago

UK May Introduce Stablecoin and Staking Regulations in 6 Months: Report

Stablecoins are set to be regulated by existing payment regulations, whereas staking services will be assigned a fresh classification.

3 months ago

FCA Sounds Alarm on Crypto Promotions: 450 Alerts Issued in 3 Months

British regulator, FCA has vowed to crack down on crypto companies engaging in illegal marketing activities targeting UK users.

3 months ago

Kraken Reportedly Implements New Verification Measures for UK Users’ Self-Custodial Wallets

Kraken now mandates that U.K. users verify self-custodial wallets or validate wallet identities in accordance with local regulations.

3 months ago

UK Authorities Strike Back: 43 Fraudulent Web Domains Blocked in Cybercrime Crackdown

London authorities detected a spoof address impersonating blockchain.com and uncovered 42 additional phishing web domains linked to the account.

3 months ago

Sanctioned Russian Banker Dumps £15m Worth of Shares in UK Crypto Company

Mikhail Klyukin owned a 2% stake in Copper Technologies, linked to former UK chancellor Philip Hammond.

5 months ago

British Investment Managers Receive Approval for Tokenized Funds

Asia and the U.S. lead with 39% and 38% of firms respectively involved in fund tokenization projects, compared to 27%…

6 months ago

UK to Allow Overseas Stablecoins, But There’s Catch

UK to implement new regulations enabling authorized financial firms to work with overseas stablecoins, targeting fiat-backed stablecoins used for payments.

7 months ago

Solana’s Largest DeFi Protocol Restricts Access to UK Users

Marinade Finance, the leading DeFi protocol on Solana, is blocking UK users due to compliance concerns with FCA regulations.

7 months ago