Lawmaker Calls for the UK Government to do More for Blockchain
Member of Parliament Natalie Elphicke also announced that the parliamentary group she chairs will be hosting industry round tables and a call for evidence.
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UK’s Proposed Crypto Rules Could Drive Away Foreign Firms, Lawyers Say
The government has said it won’t extend certain regulatory exemptions reserved for foreign TradFi firms to crypto, potentially making it tougher for companies to enter the market.
Robinhood to Expand Crypto Trading Into EU, Plans to Start UK Brokerage
The crypto trading platform for EU will open in “coming weeks,” said the company.
Solana’s Largest Defi Protocol Marinade Starts Blocking UK Users
Marinade and Orca Finance have both blocked U.K. users over “compliance concerns.”
Binance to Stop Accepting New U.K. Users to Comply With Ad Rules
The firm will stop accepting new users starting Monday after U.K. regulator FCA last week restricted Binance’s local partner from approving crypto ads.
Nexo to Phase Out Cashback for UK Exchange and Card Transactions as FCA Rules Approach
Nexo is joining Bybit and Paypal in withdrawing some services from the U.K. in response to incoming promotion rules.
Why Some Crypto Firms Are Suspending Services in the U.K.
Luno, Bybit and PayPal have recently withdrawn certain services from the U.K. – just ahead of tough new promotions rules for crypto firms coming into effect.
Crypto Exchange Bybit ‘Exploring All Options’ to Stay in UK: CEO
Companies like Luno and PayPal have halted certain crypto operations in the country in response to regulations set to take effect next month.