UK regulators have approved only four out of 35 crypto business registrations in the last 12 months, deterring others from engaging with the process.
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Digital assets getting legal status in the UK
A new law just introduced in the UK parliament is set to completely transform the way digital assets like cryptocurrency, NFTs… Continue reading on Medium
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UK Court Recognizes USDT as ‘Distinct Form of Property’
A High Court of England and Wales has ruled that stablecoin tether (USDT) is recognized as property under English law. The court clarified that cryptocurrencies,
Read moreMeta to resume AI training in UK after regulatory pause
The tech giant will use public information, including posts, comments, photos, and captions from adult users on Instagram and Facebook.
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FCA Files First Charges Against Unregistered Crypto ATM Operator in UK
The UK’s Financial Conduct Authority (FCA) has charged Olumide Osunkoya for operating unregistered crypto ATMs in the country. This case is significant as it represents
Read moreOwner of unlicensed UK crypto ATM network faces criminal charges
The FCA is throwing the book at the head of Gidiplus Limited for operating an ATM network after being denied registration.
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