U.K. crypto holders can offset profits and reduce tax
The tax agency of U.K. (HMRC) has published a detailed explanation on December 19, about crypto assets, what they are, how individuals will be taxed and who can qualify as a cryptocurrency…
Browsing Tag
United Kingdom
Crypto Facilities Adds Bitcoin Cash to its Futures Derivatives Trading Platform
Crypto Facilities, a UK-based futures exchange, has launched the trading of Bitcoin Cash on its futures trading platform, in a move to capitalize on the growing volume of futures trading…
UK Law Commission Researches Legal Framework for Blockchain
The UK's law commission have published their annual report, detailing upcoming projects and recommendations for legal reform within the United Kingdom. Part of the document, published today…
Report: UK Has the Potential to Become the World’s Blockchain Hub
The UK has both the industrial and government resources to become a leader in blockchain technologies and the crypto economy.
UK Member of Parliament Calls for Appointment of Chief Blockchain Officer
The Conservative MP for Walsall North, Eddie Hughes, has published a report which urges the government to turn its attentions more fully to blockchain use cases in the UK.
Bank of England Set to Use Blockchain Technology to Rebuild its Real-time Gross Statement System
Blockchain’s potential for financial institutions is huge and the Bank of England is rebuilding its Real Time Gross Settlement System using distributed ledger technology.The bank already has…
UK Financial Conduct Authority Warns Banks Over Crypto Risks
The Financial Conduct Authority (FCA) in the UK has written to the CEOs of major banks to warn of the risks of cryptocurrencies. The letter, which comes from two Executive Directors of…