INSIDE THE ALGORITHM

Last updated: June 18, 2025, 08:43  |  Written by: Elizabeth Stark

Inside The Algorithm
Inside The Algorithm

Britain Has Decided To Backtrack

KYC Not Mandatory For Unhosted Wallets In The UK

Britain has decided to backtrack on cryptocurrency legislation and will not follow the lead of the European Parliament, which last March passed a directive requiring all

The UK government has announced plans to alter a proposal that required cryptocurrency firms to gather personal data from individuals who have unhosted wallets. The government had

United Kingdom Will Not Require KYC for Unhosted Wallets

HM Treasury changes course on collecting data around

UK Scraps Plan to Monitor Unhosted Digital Wallets

The U

The U.K. is backtracking on its blanket requirement for crypto firms to submit personal information on all transfers made to unhosted wallets. The Treasury report

UK Treasury Rejects Controversial Policy to Collect

HM Treasury pushes back plans to collect data from unhosted

The U

The U.K. Treasury has decided to revoke the requirement for crypto services providers to compile the private information of self-custodied digital wallet users due to privacy

UK backtracks on regulation for digital wallets - The Cryptonomist

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