The agency seeks to identify cryptocurrencies under a new category of personal property dubbed “data objects”. The U.K. Law Commission seeks to create an accommodative environment without stifling innovation. The…
Browsing: U.K crypto
British authorities seek to reduce the complexities involved with the taxation framework involved for DeFi staking and lending. The Bank of England (BoE) has urged strong regulatory measures before any…
The UK government intends to explore cryptocurrency and blockchain technology actively. But, more importantly, the UK aims to position itself as a global “crypto asset technology hub.” Several initiatives are…
Of the total crypto seized by the U.K. police, Bitcoin alone contributes a staggering 99 percent of the entire amount. The U.K police are working on building technologically advanced infrastructure…