Kraken, one of the world’s leading cryptocurrency exchanges, is openly challenging recent UK regulatory measures that the company claims could stifle innovation and limit market access. The CEO argues that overly restrictive frameworks threaten the growth of digital asset markets and discourage international investment. This confrontation highlights ongoing tensions between regulators seeking investor protection and… Continue reading Kraken CEO Criticizes UK Crypto Regulations Amid Market Uncertainty
Tag: United Kingdom
U.K. Court Decision Establishes XRP as Recognizable Property Asset in Landmark Ruling
In a significant development for the digital-asset ecosystem, XRP has been formally recognized as “property” under U.K. law, marking a milestone in regulatory clarity for crypto markets. The ruling affirms that XRP, similar to other digital tokens previously acknowledged by courts, qualifies as a property class capable of ownership, custody, and transfer under legal frameworks.… Continue reading U.K. Court Decision Establishes XRP as Recognizable Property Asset in Landmark Ruling
UK Regulator Moves Against HTX Over Unauthorized Crypto Promotions
The United Kingdom’s financial regulator has initiated legal proceedings against cryptocurrency exchange HTX, alleging that the firm engaged in unauthorized promotional activities targeting British consumers. The case underscores the Financial Conduct Authority’s (FCA) intensifying scrutiny of crypto-related advertising amid growing concerns over investor protection and market transparency. Regulators argue that HTX failed to comply with… Continue reading UK Regulator Moves Against HTX Over Unauthorized Crypto Promotions
Bitwise Europe Debuts Four Cryptocurrency ETPs on London Stock Exchange, Expanding Access for Investors
Bitwise Europe has launched four cryptocurrency exchange-traded products (ETPs) on the London Stock Exchange (LSE), marking a significant expansion of regulated digital asset investment options in Europe. The ETPs cover major cryptocurrencies including Bitcoin, Ethereum, and other prominent digital assets, offering investors diversified exposure without the complexities of direct crypto custody. This development reflects growing… Continue reading Bitwise Europe Debuts Four Cryptocurrency ETPs on London Stock Exchange, Expanding Access for Investors
Bitcoin Isn’t an Asset Class”: UK’s Largest Investment Platform Warns Investors of Rising Crypto Risks
In a bold statement that has stirred debate in financial circles, the United Kingdom’s largest investment platform has cautioned investors against viewing Bitcoin as a legitimate asset class. The platform’s analysts argue that the cryptocurrency lacks the fundamentals—such as intrinsic value, income generation, and consistent performance—that define conventional investment assets. Their warning comes amid renewed… Continue reading Bitcoin Isn’t an Asset Class”: UK’s Largest Investment Platform Warns Investors of Rising Crypto Risks
U.S. Regulator Advocates for Crypto Passporting with UK Ahead of Resignation
A senior U.S. financial regulator has called for the implementation of “crypto passporting” arrangements with the United Kingdom as she prepares to step down from her role. The proposal envisions a framework enabling digital asset firms to operate across borders under mutual regulatory recognition, streamlining compliance and expanding market access. This initiative highlights growing international… Continue reading U.S. Regulator Advocates for Crypto Passporting with UK Ahead of Resignation
Woman Pleads Guilty in UK Bitcoin Fraud Case Following Record Crypto Seizure
A UK woman has admitted to charges of cryptocurrency fraud after authorities executed what has been described as the “world’s largest” seizure of Bitcoin. The case highlights growing regulatory scrutiny over digital assets and the challenges governments face in combating illicit crypto activity. Law enforcement agencies successfully recovered a substantial sum of cryptocurrency, demonstrating the… Continue reading Woman Pleads Guilty in UK Bitcoin Fraud Case Following Record Crypto Seizure