London Stock Exchange Will Start Market for Bitcoin and Ether ETNs May 28
The stock exchange will accept applications for trading bitcoin and ether crypto exchange traded notes from April 8.
UK
NFT Providers May Need Registration to Comply With UK Money Laundering Rules
The U.K. started a consultation on its money laundering rules on Monday.
UK’s FCA Opens the Door for Institutional Investors to Build Crypto-Backed ETN Market
Products would be available to professional investors while retail consumers remain banned, the regulator said.
UK Law Enforcement Will Soon Have More Power to Seize Crypto Assets
A crime bill passed last year gave law enforcement agencies more power to seize and freeze crypto.
England’s Law Commission Seeks Views on Draft Legislation to Label Crypto as Property
The Law Commission also called for evidence on its project on digital assets and electronic trade documents in private international law.
UK Minister Expects Stablecoin and Staking Legislation Within Six Months: Bloomberg
UK Economic Secretary to the Treasury Bim Afolami has said the UK government was “pushing very hard” to bring legislation for stablecoins and staking services for crypto assets within six months, according to a Bloomberg report.
Craig Wright Witness Defends Saying Headed for ‘Train Wreck’ With COPA Trial
Stefan Matthews said the damning message referred to poor trial prep and not Wright’s claims to being Bitcoin inventor Satoshi Nakamoto.
Craig Wright Told by UK Court to Stop Making ‘Irrelevant Allegations’ as COPA Trial Continues
Wright continued to blame a host of reasons and people for inconsistencies pointed out by opposing counsel on Monday as his cross-examination continued.
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UK’s Planned Stablecoin Rules Need Reworking, Crypto Advocates Say
Crypto industry groups in the U.K. say local regulators’ proposals for supervising stablecoins need reworking.