Web3 in the UK in Six Steps
Web3.uk.com covers Web3 news and resources for the United Kingdom, including how UK rules affect people and businesses.
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The UK is regulating crypto step by step through the Financial Conduct Authority rather than banning it.
Regulation
The FCA supervises financial firms in the UK. Crypto businesses must register with it for anti-money-laundering purposes.
Financial Conduct Authority
Since October 2023, crypto adverts aimed at UK consumers must follow FCA rules, including clear risk warnings.
Financial promotions
Before using a crypto service, search the FCA register to see whether it is registered or authorised.
FCA register
HMRC treats most personal crypto gains as subject to Capital Gains Tax. Keep records of every purchase and sale.
HMRC
Regulators run programs that let firms test new products under supervision. They reward early conversations.
Sandbox
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