CryptoCurrency

  • New PM hailed as fintech champion as new crypto asset legislation passes second reading in the House of Commons

    31 October 2022

    The appointment of Rishi Sunak as Prime Minister is likely to boost the passage through Parliament of wide ranging legislation on crypto assets. Mr Sunak was among the architects of amendments to the Financial Services and Markets Act 2000 with regard to cryptocurrency. The amendments received a second reading in the House of Commons on October 24, 2022, while Mr Sunak’s appointment as the new Conservative Party leader was confirmed the following day. If you are in need of legal…
  • UK set to introduce Law to seize, freeze and recover cryptocurrency

    28 September 2022

    The Government is introducing the Economic Crime and Corporate Transparency Bill as part of an upgrade of powers to Companies House, described as the organisation’s biggest upgrade in 170 years. Anyone who registers a company in the UK will need to verify their identity. The Home Office says this is necessary to tackle anyone who uses companies as a “front for crime or foreign kleptocrats”. Companies House will be given new powers to check and challenge information in a bid to…
  • UK emerges as a leader in the emergence of fintech, crypto-companies and Distributed Ledger Technology

    19 April 2022

    Regulation in the spotlight as UK emerges as a leader in the emergence of fintech, crypto-companies and Distributed Ledger Technology