UK Urges Voluntary Disclosure of Unpaid Crypto Taxes to Avoid Penalties
Key Insights UK government urges voluntary disclosure of unpaid crypto taxes, before penalties and enforcement action Applies to capital gains/income…
UK Inflation Plunges to 4.6%, Lowest in Over 2 Years
Key Insights UK consumer inflation fell sharply to 4.6% annually in October, down from 6.7% in September. The larger than…
GBP/USD Drops Below 1.2300 on UK Economic Woes and BoE Rate Cut Talks
Key Insights The Bank of England’s Chief Economist predicts a sharp drop in UK inflation in the coming months. Despite…
UK Regulators Unveil Plans to Regulate Crypto and Stablecoin Sectors
Key Insights The BOE and the FCA have revealed their roles in regulating the cryptocurrency and stablecoin sectors in the…
The UK Hosts Landmark AI Safety Summit Amid Growing Global Concerns
Key Insights The UK is hosting a two-day AI safety summit with global government officials and tech companies, focusing on…
UK Finalizes Crypto Regulation Plan Starting with Stablecoins
Key Insights The UK government has finalized its crypto regulation roadmap, starting with rules for fiat-backed stablecoins in early 2023.…
FCA Warns Crypto Firms: Comply with Ad Rules or Face Restrictions
Key Insights The UK’s financial regulator, the FCA, is increasing scrutiny on authorized cryptocurrency firms and their advertising practices. The…
Inflation in the UK Remains High at 6.7% for September
Key Insights UK inflation remained at 6.7% in September, in line with expectations and unchanged from the previous month. Food…
Binance Stops Accepting New UK Users
Key Insights Binance will stop accepting new users from the UK after October 16 due to regulatory restrictions imposed by…
Crypto Exchanges Binance and OKX Comply with UK Rules for Fair Promotions
Key Insights Cryptocurrency exchanges like Binance and OKX are taking steps to comply with new financial promotion regulations in the…