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The United States and United Kingdom formed a first-of-its-kind enforcement alliance targeting overseas cryptocurrency scam centers blamed for nearly $10 billion in annual American losses. The agreement establishes parallel investigations,…
The UK Government is moving to amend provisions regarding cryptocurrency donations in elections, as recommended in April by the Rycroft review. While the document recommended a moratorium on these donations,…
Hargreaves Lansdown has begun offering bitcoin and ether exchange-traded notes to eligible U.K. customers, nearly a year after regulators reopened retail access. The move brings crypto exposure to one of…
The UK government’s first official report on taxable crypto asset gains identifies 240 people who each declared more than £1 million in capital gains. Together, they reported £717 million, more…
The U.K. government plans to give the Bank of England a new secondary objective to support innovation in payments, including stablecoins and other forms of digital settlement. Financial stability will…
The UK’s Betting and Gaming Council (BGC) says unlicensed operators could take up to $1.09 billion in Premier League wagers this season, rising to about $1.36 billion once a betting…
A U.K. court shut down Key Coin Assets Ltd. after nine investors who complained to Action Fraud paid more than £300,000. Investigators found no evidence of genuine trading and described…
HM Revenue and Customs (HMRC) sent 81,000 warning letters to cryptocurrency investors over suspected unpaid taxes, while expanded international reporting could give the UK tax agency substantially greater visibility into…
Nigel Farage’s Clacton byelection win immediately restarted a paused ethics probe into his undeclared financial gift from a Thailand-based crypto billionaire. Election Victory and Renewed Scrutiny Nigel Farage, the…
Prime Minister Andy Burnham says his government intends to revoke the Gambling Act’s “aim to permit” duty, the statutory presumption that has shaped premises licensing since 2005. He signed a…