Cryptocurrency News UK

There are thousands of different kinds of cryptos out there, also known as cryptoassets or digital tokens. These are used for making payments and recording who owns what. But they are very different to traditional money that we use in our bank accounts. For one thing, they are developed and run by groups or individuals rather than central banks like the Bank of England. And they are usually not regulated in the same way, meaning that it can be difficult to know who you are dealing with, and there is no safety net if something goes wrong.

Cryptocurrency News UK will introduce new legislation to bring cryptoasset activities within the UK’s financial services regulatory perimeter. This will improve consumer protection and boost the UK’s position as a global hub for this technology, supporting growth through our Plan for Change.

Latest UK News in the Crypto World

A key part of the proposals is to lift a ban on sales of crypto exchange-traded notes to retail investors, which has held the UK back in comparison with the U.S and other markets.

There are a wide range of crypto-related websites, podcasts, and YouTube channels that can provide you with the latest news in this space. Some of them focus on specific cryptocurrencies like Bitcoin, while others provide more general news and analysis. For example, the website ‘The Block’ provides breaking cryptocurrency news as well as in-depth research reports and data dashboards for DeFi protocols. It is worth bearing in mind that some of these outlets may have a financial interest in the cryptos they cover and are therefore potentially biased towards them.