Is it legal to own cryptocurrency in UK? Yes, crypto is legal in the UK. However, all over the world governments and agencies are scrambling to proficiently regulate cryptoassets to give investors clarity but also make gains and income from the crypto markets taxable and legal.
Is Bitcoin illegal in the UK? Buying and selling Bitcoin is 100% legal in the UK, and there are many ways you can do it, as discussed in detail above.
Is crypto regulated in UK? Crypto regarded as utility tokens that grant access to prospective products or services in the U.K. can be regulated under e-money regulations. Crypto firms with digital assets for cross-border payments could be subject to payments services regulations, but the tokens themselves wouldn’t be regulated.
Is Coinbase legal in UK? The E-Money Services are regulated by the UK Financial Conduct Authority (“FCA”). Coinbase Payments is an authorised electronic money institution authorised and regulated by the FCA with register number 900635.