Coinatory

UK Drafts Robust Crypto Regulations to Establish Global Leadership The United Kingdom is advancing its position as a global leader in digital finance with the introduction of comprehensive draft legislation regulating cryptoassets. Announced by Chancellor Rachel Reeves on April 29, 2025, the proposed framework aims to integrate digital assets into the existing financial regulatory structure, emphasizing transparency, consumer protection, and operational resilience. Under the Financial Services and Markets Ac... UK Drafts Robust Crypto Regulations to Establish Global Leadership

UK Youth Prefer Crypto to Stocks, FCA Flags Risks The Financial Conduct Authority (FCA) has issued a warning as more and more young investors in the UK are selecting cryptocurrencies like Bitcoin over more conventional assets like stocks and bonds. Speaking to lawmakers on Tuesday, FCA CEO Nikhil Rathi emphasized the "extremely high risk" of investing in virtual currencies, cautioning that one could "lose all your money." Rathi's comments highlight a significant difference in retail equ... Coinatory

UK Proposes Bill to Classify Crypto as Personal Property The United Kingdom is moving to clarify the legal standing of cryptocurrencies under a new bill presented to Parliament. This legislation seeks to formally recognize digital assets, such as cryptocurrencies, non-fungible tokens (NFTs), and tokenized real-world assets, as personal property under English law. The proposal introduces a new legal category called "things in possession," designed to safeguard owners of blockchain-powered assets fro... cryptocurrency news

Recently, Japan has softened its tax laws regarding cryptocurrency trading and business. There are reports that the United States and the United Kingdom, where high taxes are applied to cryptocurrencies, may follow the example of Japan. Aspiring to the mainstream, blockchain and cryptocurrency firms continue to resist outdated legislation. Realizing this, the three largest economies in the world - the United Kingdom, the United States and Japan - are taking steps to regulate cryptocurrencies and wisely manage the generated taxes. Changes in Japanese law classify profits from mining or trade as “other income”, which will be taxed at about 55% for high-yield companies. Financial regulators in Japan have introduced a legal framework ... Read more about " US and UK want to mitigate cryptocurrency taxation " on coinatory.com

More than 80% of the world"s companies realizing or implemented blockchain projects in varying degrees, with a quarter of them have already launched pilot projects or fully completed their implementation, according to a study by the consulting company PwC. The PwC study "Blockchain is here. What"s your next move? "Is based on a survey of 600 executives from 15 countries and territories: Australia, China, Denmark, France, Germany, Hong Kong, India, Italy, Japan, Netherlands, Singapore, Sweden, UAE, UK and USA. Respondents were asked questions ... Read more about " PwC: More than 80% of companies in the world implement blockchain projects " on coinatory.com

The company claims that changing the name is more than just a rebranding exercise, suggesting that the wallet will evolve over time to offer more functionality than existing cryptographic wallets and serve as a "gateway" for a decentralized network and an "open financial system", as well as "creating an effort to invest in products" that will shape the future of a decentralized network. Siddharth Coelho-Prabhu, product manager for Toshi, commenting on the development, said that the application will soon be "improved to Coinbase Wallet," ... Read more about " Toshi Wallet is now called Coinbase Wallet " on coinatory.com

Wednesday marks the release of the first Ethereum-denominated bond in a move that could make current centralized processes obsolete. Together with JPMorgan, Moody’s and more, Blockchain startup Nivaura created the bond for UK-based luxury goods dealer LuxDeco, which will issue it. The UK’s Financial Conduct Authority (FCA) contributed regulatory oversight to the bond’s development process. Going forward, industry sources quote LuxDeco, further bonds could appear if cryptocurrency continues its mainstream trajectory. That same traje ... Read more about " UK Startup Nivaura Unveils World First Regulated Ethereum Bond " on coinatory.com