An investment executive has called on the UK government to impose a tax on cryptocurrency purchases. Lisa Gordon, chair of investment bank Cavendish, believes this move could encourage more Britons to put money into domestic equities instead. She shared her views in an interview with The Times on March 23.
Crypto custody firm Copper Technologies withdrew its application to get a UK crypto license. The news came to light when Bloomberg reported on the company’s decision to withdraw its application today. The company stated the reason behind its withdrawal as its shift in priorities of the new CEO. The company’s
Financial Conduct Authority (FCA) has revealed that 12% of UK adults now own crypto assets, marking a rise from 10% in 2022. BaseFCA’sa survey of 2,199 UK adults, the FCA’s latest research highlights an unprecedented growth in cryptocurrency adoption, with over seven million UK residents now holding digital assets, up
