News with the tag "UK crypto regulations"

Maryland is moving forward with integrating Bitcoin into its financial framework. On Friday, February 7, 2025, State Representative Caylin Young introduced legislation to create a Bitcoin reserve. Maryland has become the 17th U.S. state to propose a Bitcoin reserve strategy, reflecting the increasin...

Former Minister John Baker takes an advisory role at Bitcoin-focused Axiom, with conditions to ensure fair governance.

UK to Introduce Comprehensive Crypto Regulations in Early 2025 UK Government to Unveil Crypto Regulatory Framework in 2025 The UK Labour government has announced plans to introduce a comprehensive regulatory framework for cryptocurrencies and digital assets in early 2025. The initiative, led by Econ...

In response to growing criticism of its stringent registration rules for cryptocurrency firms, the UK's Financial Conduct Authority (FCA) has defended the policies, stating that they are necessary to maintain the integrity of the financial system. The post UK’s FCA Defends Strict Crypto Stance to Co...

Following a voluntary suspension in October 2023, CEX.io has successfully resumed operations in the UK after ensuring compliance with new FCA regulations.

The FCA’s fine points to a “one-off” enforcement action, not a wider crackdown on the industry, according to a legal expert.

In a recent development, cryptocurrency exchange Binance has moved to dismiss the majority of a £10 billion ($12.8 billion) lawsuit filed in London, as reported by Reuters. The lawsuit, being heard at the Competition Appeal Tribunal (CAT), accuses Binance and other exchanges of conspiring to “delist...