Saturday, August 2, 2025
  • About
  • Write for us
  • Contact
Today News
  • Business
  • Tech
    Why eSIMs Are a Game Changer for Remote Workers

    Why eSIMs Are a Game Changer for Remote Workers

    Ways to Share Video Content Without Internet Access

    Ways to Share Video Content Without Internet Access

    Why UK Grant Management Software Is Essential for NGOs

    Why UK Grant Management Software Is Essential for NGOs

    One App, Infinite Uses: How Revolut Is Reshaping Online Transactions

    One App, Infinite Uses: How Revolut Is Reshaping Online Transactions

    VPNs

    Households and VPNs: The New Normal in Digital Protection

    How Are Facial Recognition Technologies Transforming the Betting Experience in London’s Live Casinos

    How Are Facial Recognition Technologies Transforming the Betting Experience in London’s Live Casinos

    Real-Time AML Checks: Why Speed Matters in Compliance

    Real-Time AML Checks: Why Speed Matters in Compliance

    Will the iPhone 17 Pro Compete with Samsung’s Best Handsets?

    Will the iPhone 17 Pro Compete with Samsung’s Best Handsets?

    First-Person Filming: Mini Cameras Transform Storytelling

    First-Person Filming: Mini Cameras Transform Storytelling

  • Consumer
    Craving Connection: Why Food Gifting Is the New Love Language

    Craving Connection: Why Food Gifting Is the New Love Language

    How to Celebrate Milestones from Afar: The Rise of Digital Gifting in the UK

    How to Celebrate Milestones from Afar: The Rise of Digital Gifting in the UK

    How to adjust glasses at home – a step-by-step guide!

    How to adjust glasses at home – a step-by-step guide!

    Why quality toilet cubicle hardware matters

    Why quality toilet cubicle hardware matters

    Common Mistakes in KYC Identity Verification

    Common Mistakes in KYC Identity Verification

    Consumer habits

    British Furniture Market Sees Significant Changes in Consumer Preferences

    Why are high-street bookmakers declining in the UK?

    Why are high-street bookmakers declining in the UK?

    Straps for smartwatches: The Complete guide

    Straps for smartwatches: The Complete guide

    High street retailers are at a “crossroads”, says retail tycoon

    High street retailers are at a “crossroads”, says retail tycoon

  • Finance
    Crypto Loans Meet Open Banking: Will Hybrid Products Redefine Borrowing?

    Crypto Loans Meet Open Banking: Will Hybrid Products Redefine Borrowing?

    Fintevex.io vs The Rest: What Happened When We Put It to the Test

    Fintevex.io vs The Rest: What Happened When We Put It to the Test

    5 Smart Money Moves For Dynamic People

    5 Smart Money Moves For Dynamic People

    What Is a Payment Gateway and Why Your Business Needs One

    What Is a Payment Gateway and Why Your Business Needs One

    How Ethereum is changing things in the business world in 2025

    How Ethereum is changing things in the business world in 2025

    Financial Literacy and Artificial Intelligence – A Psychologist’s Perspective

    Financial Literacy and Artificial Intelligence – A Psychologist’s Perspective

    Everything You Need to Know About Multi-Million Loans

    Everything You Need to Know About Multi-Million Loans

    Fueling Growth: How a UK Gambling License Boosts Investor Confidence

    Fueling Growth: How a UK Gambling License Boosts Investor Confidence

    MiCA vs. GENIUS: Europe’s Crypto Surge

    MiCA vs. GENIUS: Europe’s Crypto Surge

  • Environment
    Five Ocean Discoveries That Could Change How We See the World

    Five Ocean Discoveries That Could Change How We See the World

    Choosing the Right Sustainability Partner: How Eco-Efficient Tech Transforms Industry

    Choosing the Right Sustainability Partner: How Eco-Efficient Tech Transforms Industry

    Moving Abroad? Here’s What to Expect – and Why Cardboard and Plastic Waste Removal Is Essential After Unpacking

    Moving Abroad? Here’s What to Expect – and Why Cardboard and Plastic Waste Removal Is Essential After Unpacking

    How Weather Events Like Heavy Rain or Heatwaves Affect Pest Activity

    How Weather Events Like Heavy Rain or Heatwaves Affect Pest Activity

    Building a Carbon-Competitive Advantage with Sustainability and Decarbonization Consulting

    Building a Carbon-Competitive Advantage with Sustainability and Decarbonization Consulting

    The Lost Art of Orienteering: Why Map and Compass Skills Still Matter

    The Lost Art of Orienteering: Why Map and Compass Skills Still Matter

    Sustainability in Dining: Reducing Waste for a More Profitable Future

    Sustainability in Dining: Reducing Waste for a More Profitable Future

    Environmental Benefits

    What Are The Environmental Benefits Of Choosing Eco-friendly Rubbish Removal In Croydon?

    Why You Should Hire Waste collectors for efficient waste removal

    Why You Should Hire Waste collectors for efficient waste removal

  • Property
    Budgeting for a House Sale: What Most Sellers Forget

    Budgeting for a House Sale: What Most Sellers Forget

    Home and business removals: Streamlining your move

    Home and business removals: Streamlining your move

    Maximizing Your Investments: A Guide to Purchasing Villas for Sale in Dubai 2025

    Maximizing Your Investments: A Guide to Purchasing Villas for Sale in Dubai 2025

    6 Common Admin Mistakes that Property Managers Make

    6 Common Admin Mistakes that Property Managers Make

    Property Investment Strategy

    Interest Rate Hikes and How They Impact Your Property Investment Strategy

    How Local Storage Services Make Home Organisation Easy

    How Local Storage Services Make Home Organisation Easy

    Stay safe at home: The benefits of intruder alarms in St Helens

    Stay safe at home: The benefits of intruder alarms in St Helens

    Enhancing your home projects with essential hardware selection tips

    Enhancing your home projects with essential hardware selection tips

    5 Best Lifetime Mortgage Providers in the UK

    5 Best Lifetime Mortgage Providers in the UK

  • eCommerce
    From 1688 to shopee: the singaporean seller’s guide to paying china suppliers

    From 1688 to shopee: the singaporean seller’s guide to paying china suppliers

    The Importance of Digital Valuations for UK Ecommerce Brands

    The Importance of Digital Valuations for UK Ecommerce Brands

    Blink-and-Buy: Designing Checkouts That Convert in Under 10 Seconds

    Blink-and-Buy: Designing Checkouts That Convert in Under 10 Seconds

    High Stakes Strategies: Lessons E-commerce Entrepreneurs Can Learn from Casinos

    High Stakes Strategies: Lessons E-commerce Entrepreneurs Can Learn from Casinos

    Amazon Expert

    Amazon Expert: Key Qualifications to Look For

    Boosting Ecommerce Revenue with Smart Targeting Strategies

    Boosting Ecommerce Revenue with Smart Targeting Strategies

    Personalized Shopping: How Technology is Transforming Retail

    Personalized Shopping: How Technology is Transforming Retail

    How Can Ecommerce Businesses Learn From Entertainment Platforms?

    How Can Ecommerce Businesses Learn From Entertainment Platforms?

    Magento Web Development Company: Unlocking the Power of E-Commerce

    Magento Web Development Company: Unlocking the Power of E-Commerce

No Result
View All Result
Today News
Home Finance

Cryptocurrency Regulations Impacting UK Investors

David Prior by David Prior
October 4, 2024
Reading Time: 3 mins read
Cryptocurrency Regulations Impacting UK Investors
454
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

The United Kingdom has taken a huge step towards clarifying the legal status of cryptocurrencies and other digital assets. A new bill introduced in the UK Parliament last month aims to classify digital holdings, including cryptocurrencies, non-fungible tokens (NFTs), and carbon credits, as personal property under the law. 

This legislation, known as the Property (Digital Assets etc) Bill, marks a pivotal moment for UK investors and the broader cryptocurrency ecosystem, potentially reshaping the landscape of digital asset ownership and trading.

Related posts

Crypto Loans Meet Open Banking: Will Hybrid Products Redefine Borrowing?

Crypto Loans Meet Open Banking: Will Hybrid Products Redefine Borrowing?

August 2, 2025
537
Fintevex.io vs The Rest: What Happened When We Put It to the Test

Fintevex.io vs The Rest: What Happened When We Put It to the Test

July 29, 2025
437

Key Aspects of the New Legislation

The proposed bill creates a third category of personal property to address cryptoassets, providing them with corresponding legal protection. This move is designed to offer greater clarity and security for investors holding digital assets. 

By recognising crypto tokens as personal property, the new law can help judges deal with cases where such assets are disputed or form part of settlements, such as divorce cases.

This classification is a significant departure from the traditional categories of “things in possession” (e.g., gold and money) and “things in action” (e.g., debts, shares). The creation of this third category, simply called “things,” allows digital assets to attract personal property rights, providing a robust legal foundation for the crypto industry.

The introduction of this bill has major implications for crypto investors in the UK. One of the most significant outcomes is the increased legal protection it provides against fraud and scams. This enhanced protection is particularly important in complex crypto-related cases, whether it’s disputes over ownership, theft of crypto tokens, or complications surrounding inheritance. In addition, the new legal framework will likely enhance confidence in the crypto market, as investors can now rest assured that their holdings are backed by the same legal protections as other forms of personal property. For institutional players, it offers clarity and legitimacy, making it easier to engage in the crypto markets without navigating legal grey areas.

Moreover, the new law can potentially drive innovation as businesses and startups find themselves in a more predictable and legally sound environment, encouraging further investment in the UK’s burgeoning crypto space.

Compliance Requirements

While the full details are yet to be released, investors can expect enhanced Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures. There may also be potential reporting requirements for large transactions and stricter guidelines for cryptocurrency exchanges operating in the UK.

The new regulations are likely to have significant implications for online casinos that accept cryptocurrencies as a form of payment. These platforms may need to obtain additional licenses or registrations to handle cryptocurrencies, ensuring compliance with the new legal framework. To attract players who prefer using cryptocurrencies, new UK casino sites are increasingly adopting digital currencies, making it essential for them to stay compliant with the evolving regulations.

Increased scrutiny of cryptocurrency transactions could require online casinos to implement more robust monitoring systems to detect and report suspicious activities. There may be stricter KYC procedures necessary for customers using cryptocurrencies, potentially impacting the user experience and anonymity traditionally associated with crypto gambling.

The proposed UK legislation represents a significant step towards integrating cryptocurrencies and other digital assets into the mainstream financial system. While it presents challenges for investors and businesses regarding compliance and adaptation, it also offers opportunities for growth, innovation, and increased market stability.

As the bill progresses through Parliament, stakeholders in the UK’s cryptocurrency ecosystem should stay informed about developments and prepare for a potentially transformed regulatory landscape. The balance between regulatory oversight and ensuring a competitive market will be crucial. Stakeholders from all sides, including government officials, industry leaders, and advocacy groups, will need to engage in constructive dialogue to create a framework that supports both consumer welfare and the sustainability of the gambling industry.

In the coming months, it will be essential to observe how this vision for reform unfolds and the extent to which it reshapes the future of cryptocurrency and digital asset management in the UK. The potential for significant change is on the horizon, making it a pivotal moment for all involved in the cryptocurrency and online gambling sectors.

David Prior

David Prior is the editor of Today News, responsible for the overall editorial strategy. He is an NCTJ-qualified journalist with over 20 years’ experience, and is also editor of the award-winning hyperlocal news title Altrincham Today. His LinkedIn profile is here.

Previous Post

Exploring the Growing Trend of Online Gaming and Its Impact on Local Communities

Next Post

How to Become a Special Education Teacher

Related Posts

Crypto Loans Meet Open Banking: Will Hybrid Products Redefine Borrowing?
Finance

Crypto Loans Meet Open Banking: Will Hybrid Products Redefine Borrowing?

August 2, 2025
537
Fintevex.io vs The Rest: What Happened When We Put It to the Test
Finance

Fintevex.io vs The Rest: What Happened When We Put It to the Test

July 29, 2025
437
5 Smart Money Moves For Dynamic People
Finance

5 Smart Money Moves For Dynamic People

July 28, 2025
487
What Is a Payment Gateway and Why Your Business Needs One
Finance

What Is a Payment Gateway and Why Your Business Needs One

July 21, 2025
558
How Ethereum is changing things in the business world in 2025
Finance

How Ethereum is changing things in the business world in 2025

July 21, 2025
381
Financial Literacy and Artificial Intelligence – A Psychologist’s Perspective
Finance

Financial Literacy and Artificial Intelligence – A Psychologist’s Perspective

July 21, 2025
41
Next Post
How to Become a Special Education Teacher

How to Become a Special Education Teacher

RECOMMENDED NEWS

How Can You Spot A Fake Gibson SJ-200?

How Can You Spot A Fake Gibson SJ-200?

3 years ago
610
Web Hosting Provider

Essential Features to Look for in Affordable Web Hosting Provider

11 months ago
426
The Importance of Outsourcing Finance and Accounting for Modern Business

The Importance of Outsourcing Finance and Accounting for Modern Business

12 months ago
829
Before a Truck Hits the Road, Here’s What Gets Checked

Before a Truck Hits the Road, Here’s What Gets Checked

2 months ago
49

BROWSE BY CATEGORIES

  • Business
  • Careers
  • Charity
  • Consumer
  • Culture
  • eCommerce
  • Education
  • Energy
  • Engineering
  • Entertainment
  • Entrepreneurs
  • Environment
  • Fashion
  • Finance
  • Food & Drink
  • Gaming
  • Gardening
  • Health
  • Insurance
  • Interiors
  • Legal
  • Leisure
  • Lifestyle
  • Manufacturing
  • Marketing
  • National
  • News
  • Opinion
  • Pets
  • Politics
  • Property
  • Sales
  • Sport
  • Sports
  • Tech
  • Transport
  • Travel
  • Uncategorized

BROWSE BY TOPICS

Agency AI autosmart banking Beauty business Christmas construction cyber security data digital Digital Marketing Services ecommerce entertainmnet finance fitness Forex health inflation insurance kitchen KYND lifestyle manchester music News north overseas Personal Injury Pharmaceutical Industry property Real Estate recruitment Sir Michael Morpurgo Skincare sports technology tourism travel UK vehicles Warkworth village watch workspace yorkshire

Latest news

The Rise of International Online Casinos: What’s Driving Players to Go Global

The Rise of International Online Casinos: What’s Driving Players to Go Global

August 2, 2025
Crypto Loans Meet Open Banking: Will Hybrid Products Redefine Borrowing?

Crypto Loans Meet Open Banking: Will Hybrid Products Redefine Borrowing?

August 2, 2025
Reapplying Perfume

How to Smell Good After the Gym Without Reapplying Perfume?

July 31, 2025
Health Checks

Why Regular Website Health Checks Are Crucial for Online Success

July 31, 2025
Verida AFI Reviews: How a UK Legal Firm Helps Recover Money Stolen via Dating Apps

Verida AFI Reviews: How a UK Legal Firm Helps Recover Money Stolen via Dating Apps

July 31, 2025
What Can a Student Do to Improve Their Assignments

What Can a Student Do to Improve Their Assignments

July 31, 2025
Why eSIMs Are a Game Changer for Remote Workers

Why eSIMs Are a Game Changer for Remote Workers

July 31, 2025
Can You Build Trust in a Relationship Without Ever Meeting In Person?

Can You Build Trust in a Relationship Without Ever Meeting In Person?

July 31, 2025
Fletrade.com review: Trade Fast, Stay Sharp, and Keep Moving

Fletrade.com review: Trade Fast, Stay Sharp, and Keep Moving

July 31, 2025
Driving Innovation: How American Laser Welders Adapt to Modern Manufacturing

Driving Innovation: How American Laser Welders Adapt to Modern Manufacturing

July 30, 2025

Today News

  • About
  • Write for us
  • Contact
  • Privacy Policy

@2024 Rooftree Publishing Ltd

Today News in association with Kajino.com

Sign up for our newsletter




  • Business
  • Tech
  • Consumer
  • Finance
  • Environment
  • Property
  • eCommerce

Recent News

The Rise of International Online Casinos: What’s Driving Players to Go Global

The Rise of International Online Casinos: What’s Driving Players to Go Global

August 2, 2025
Crypto Loans Meet Open Banking: Will Hybrid Products Redefine Borrowing?

Crypto Loans Meet Open Banking: Will Hybrid Products Redefine Borrowing?

August 2, 2025
No Result
View All Result
  • Home
  • Business
  • Tech
  • Consumer
  • Finance
  • Environment
  • Property
  • eCommerce
  • Write for us
  • About
  • Contact