Clarity needed on crypto lending regulations — UK Law Commission
The Law Commission’s recommendations highlight the need to clarify whether cryptocurrency lending falls under existing financial collateral regulations.
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The Law Commission’s recommendations highlight the need to clarify whether cryptocurrency lending falls under existing financial collateral regulations.
Following a third reading in the House of Lords, the Economic Crime and Corporate Transparency Bill will return to lawmakers to consider changes before being signed into law.
Companies operating in the U.K. will have only “four routes to lawfully communicate cryptoasset promotions” in order to be in compliance with the FCA's regime.
On June 28, King Charles III granted Royal Assent to a landmark bill to “regain control of the financial services rulebook.” The Financial Services and Markets Bill 2023 was approved…
Leading cryptocurrency exchange Gemini has announced the launch of its Ethereum (ETH) staking program in the United Kingdom. Dubbed Gemini Staking Pro, the product will enable institutions and high-net-worth individuals…
Gemini Staking Pro allows institutions in the U.K. to become Ethereum validators by locking up at least 32 ETH, worth about $60,000 at the time of writing.
The UK’s Financial Services and Markets Bill (a proposed legislation that touches upon traditional monetary services and cryptocurrencies) has moved forward after the Parliament’s upper chamber – the House of…
Binance has denied claims it's been using a small building shared with thousands of other companies as its registered office in the U.K.
Binance’s deregistration with the FCA did not have an operational impact, as it had never done business in the United Kingdom, a regional manager said.
A tight regulatory environment in the United States coupled with soaring interest rates is forcing crypto companies to rethink their business strategies.