Jan 05, 2019 at 09:36
FCA: UK Regulator Inquires 67 Cryptoasset Firms
The U.K disclosed that it has rolled out a total of 67 different inquiries into cryptoasset firms, out of which 49 were successfully closed and 18 are still ongoing. To boot, the U.K government has ratified that it is poised for action to offer more aid to the Financial Conduct Authority (FCA) to assist regulate the cryptocurrency sector.
Dec 20, 2018 at 17:44
HMRC: UK Tax Authority Releases Guidance for CryptoAsset Holders
The tax agency of the U.K published an exhaustive explanation of how it looks at digital assets plus how users will be taxed on their holdings, on Wednesday, December 19, 2018. Now, individuals who get crypto as a gift won’t pay the same taxes as those anticipating to accumulate money with them.
Nov 22, 2018 at 15:22
UK Financial Regulators At-Ease to Issue New Crypto Rules
The UK's government officials and major financial regulators revealed that a fall in the price of Bitcoin and other cryptocurrencies has relieved the tension on Britain's financial watchdog to take fundamental action that could dissuade or discourage financial innovation and investment.
UK's Largest Port Operator to Delve Into Blockchain Solution
Associated British Ports (ABP), a privately operated UK port operator, has signed a MoU with freight forwarder Marine Transport International to delve into a Blockchain tech application targeted at enhancing connectivity at the 21 ports it operates.
U.K Lawmakers Optimistic About Britain's Crypto Market Regulation
British lawmakers said on Wednesday, September 19, 2018, that the digital currency market requires immediate regulations. The government should take an extra step to secure retail investors from unstable prices, technical vulnerabilities and set U.K to turn into a world leader in the Crypto sector, given its stead as a financial hub.