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Latest FCA warning gives UK crypto firms one last chance to avoid prison

The UK’s financial regulator FCA issued a severe warning to all crypto firms: fall in line or risk getting thrown in prison.

New UK bill would allow police to seize crypto before an arrest is made

UK police can currently freeze crypto they suspect is linked to crimes such as drug trafficking and terrorism, but they can’t confiscate it.

Francis Menassa invested $2.5M in trading platform BlockEx which, despite a successful ICO, was forced to lay off staff 12 months later.

James Howells is preparing to sue a UK council for $557M (£446M) in damages and permission to find his bitcoin in a landfill.

The UK’s 40% tax rate means that £100,000 in inherited crypto could still incur a £40,000 bill, even if bereaved families can never spend it.