Britain missing out on billions of crypto tax revenue as HMRC fights back August 27, 2024 The UK could be missing out on billions in tax revenue from crypto investors that is currently going unreported. As Norwegian tax returns are public, recent research from Norway was able to find that 88 per cent of all Norwegian crypto investors fail to declare their holdings. While each tax-avoiding investor owed on average between [...]
Watchdog cracks the whip on crypto firms after compliance failures August 8, 2024 The Financial Conduct Authority has complained that crypto companies are failing to comply with new rules regulating their advertising, with many attempting to skirt the rules. “We have seen firms relying on industry comparisons to benchmark what is acceptable. Given the levels of poor practice in the market, firms should not be doing this,” complained [...]
FCA makes first crypto-related sting against Coinbase subsidiary July 25, 2024 Crypto company CB Payments Limited (CBPL) has been slapped with a £3.5m fine after the Financial Conduct Authority made its first ever crypto sting.
Cryptocurrency lands on the London Stock Exchange May 28, 2024 A series of product providers have received approval to launch crypto products on the London Stock Exchange.
Not even debt is stopping young people from investing May 20, 2024 Despite fears that young people aren't investing enough, it turns out they are, even if they shouldn't be.
London’s wealthiest renters can now pay with cryptocurrency March 9, 2024 Some of London’s richest tenants are now paying their rent in cryptocurrency.