Regulatory Compliance - UK crypto-asset service providers must adhere to new reporting standards aligning with OECD standards under the Crypto-Asset Reporting Framework (CARF) [1] - The framework mandates the collection and reporting of user data to HMRC, effective from 1 January 2026 [1] - First report is due by 31 May 2027, covering 2026 activity [1] - Systems must be CARF-ready by 31 December 2025 [1] Scope and Impact - The rules affect platforms facilitating crypto transactions, including exchanges, brokers, and dealers [1] - Required data includes individuals' name, date of birth, address, and tax ID, as well as entities' legal details and controlling persons [1] - Transaction data required includes type, units, and value of cryptoassets used for payment or investment (not already under CRS) [1] Penalties - Non-compliance may result in penalties of up to £300 per user [1] - Senior management may be held liable for non-compliance [1]

RT Jiahua Xu (@JiahuaJavaXu)published at @IEEEorg Transactions on Services Computinghttps://t.co/nua7DQKTeX@danhper @convoluted_code @uclfincomp @Exponential_Sci @UKCBT_org https://t.co/9pk0ELXu79 ...

RT MiCA Crypto Alliance (@MiCA_Alliance)We’re pleased to welcome @UKCBT_org as a technical partner of the MiCA Crypto Alliance.UK CBT joins at a key moment for digital asset regulation. On 29 April, @hmtreasury published its near-final crypto framework, setting out new rules for trading platforms, custody, stablecoin issuance, and staking.This partnership will focus on:✅ Expand access to MiCA-aligned policy education and technical insights✅ Support the development of compliance tools✅ Encouraging dialogue a ...

RT UK CBT (@UKCBT_org)We co-hosted the 7th Blockchain International Scientific Conference at @ucl in collaboration with @Brit_blockchain 🇬🇧It brought together global researchers, policymakers, and industry experts for a day of rigorous debate and forward-looking discussion.‘Power concedes nothing without a demand. It never has and it never will’ — Frederick Douglass, quoted by The Rt Hon The Lord Boateng CVO at the event.Highlights also included:🔬 Research presentations from institutions across the UK, EU, ...

We co-hosted the 7th Blockchain International Scientific Conference at @ucl in collaboration with @Brit_blockchain 🇬🇧It brought together global researchers, policymakers, and industry experts for a day of rigorous debate and forward-looking discussion.‘Power concedes nothing without a demand. It never has and it never will’ — Frederick Douglass, quoted by The Rt Hon The Lord Boateng CVO at the event.Highlights also included:🔬 Research presentations from institutions across the UK, EU, and beyond🗒️ Keynotes ...

RT Digital Pound Foundation (@digitalpoundfdn)The UK is at a critical juncture in the digital assets space.At @Ripple's UK Policy Summit, we discussed how the UK can solidify its position as a global leader in digital assets.With the upcoming regulatory framework, there's a huge opportunity to unlock growth, from faster cross-border payments to the tokenisation of financial markets. To succeed, we must act with urgency and develop a clear, risk-sensitive approach to regulation. It's time for the UK to lead ...

Initiative Launch - Bank of England launched the Digital Pound Lab to explore UK central bank digital currency (CBDC) use cases [1] - The Digital Pound Lab is part of the ongoing design phase for the digital pound [1] Participation & Collaboration - Organizations can now apply to participate in the Digital Pound Lab [1] - The Lab encourages collaboration between the Bank of England and private-sector innovators [2] - Digital Pound Foundation will arrange a member discussion to enable compelling use case consideration and identification [2] Purpose & Focus - The Lab aims to experiment with and assess the technical feasibility of various digital pound design features [2] - Interested parties are encouraged to contribute to shaping the future of digital currency in the UK [2] - Information about intermediary roles and scheme rulebook is available [3]

RT The British Blockchain Association (@Brit_blockchain)🎤 Kamil Tylinski of @ucl presented his abstract at the BBA's 7th Blockchain International Scientific Conference #ISC2025.#BBA #Crypto #Blockchain #JBBA@Exponential_Sci@UKCBT_org https://t.co/40ictOKvKn ...