Tag: UK

Paysafe, a Partner in Binance Payments, Claims That the UK Regulatory Climate is “Too Challenging”

Due to confusing regulations, Paysafe chose to stop providing its embedded wallet solution to Binance users in the UK. As a result, beginning on...

The UK Treasury Discusses Proposals to Regulate Cryptocurrency Exchanges and Lenders

As part of its financial services strategy, the UK Treasury published a consultation paper outlining intentions to regulate crypto trading platforms and lenders. The consultation...

The UK Enforces a Cryptocurrency Tax Break for Visitors Who Use Local Brokers

Starting Sunday, the U.K. will enforce a tax exemption for international investors buying cryptocurrency through regional investment managers or brokers. The tax exemption, which was...

Inflation in the United Kingdom Reaches a 41-year High of 11.1% as Food and Energy Costs Continue to Surge

Inflation in the United Kingdom reached a 41-year high of 11.1% in October, exceeding forecasts as food, transportation, and energy costs continued to pressure...

“Unloved, Undervalued” UK Stocks Are Back In The Spotlight On The Hopes Of Rishi Sunak For Stability

As Rishi Sunak becomes the third Prime Minister of the United Kingdom in as many months, some analysts are re-evaluating their outlook for British...

Rishi Sunak, a supporter of crypto, will replace Truss as Prime Minister of the United Kingdom

After Liz Truss's dramatic resignation as prime minister last week, the position went to Rishi Sunak, who oversaw the United Kingdom's new crypto ambitions...

Boris Johnson Is Struggling To Win Support For His New Bid For The Position Of Prime Minister

Boris Johnson was putting up a fight on Sunday to garner enough support to become the next prime minister of Britain. This came after...

The UK Law Commission will evaluate international crypto laws in order to propose legal revisions

Through a government-funded initiative, the Law Commission of England and Wales will examine private international legal problems involving cryptocurrencies. The 18 October review will clarify...

The New Finance Minister Of The United Kingdom Has Warned That Some Taxes Will Go Up As A Result Of The Recent Policy U-turn

Jeremy Hunt, Britain's new finance minister, stated on Saturday that some taxes will need to go up, signaling another abrupt policy U-turn by Prime...

The volatile bond market in the UK may once more force the Bank of England’s hand

Andrew Bailey, the governor of the Bank of England, has been very clear about the fact that the central bank will end its emergency...

UK Finance Minister Kwarteng says he is focused on growth rather than market movements

When asked about the sharp drop in sterling and bond prices following his first fiscal statement, British finance minister Kwasi Kwarteng said on Sunday...