Bitcoin Policy UK advocates the use of Bitcoin mining to support sustainable networks. A recent report highlights the potential of bitcoin mining to provide a robust solution. Bitcoin Policy UK,…
Browsing: UK
London trial investigates a Bitcoin money laundering scheme linked to a $6.3 billion fraud affecting 130,000 Chinese investors. Key figures: Wen Jian faces charges related to laundering, while Zhang Yadi…
Binance has temporarily suspended all new users based in the UK from accessing the platform following the termination of its partnership with Rebuildingsociety.com. The Financial Conduct Authority recently restricted the…
Mastercard is launching the Multi-Token Network (MTN) testbed in the UK, exploring tokenized bank deposits and aiming to expand to central bank digital currencies and regulated stablecoins. MTN seeks to…
As the British Chancellor, Rishi Sunak pushed the need for having a CBDC to foster innovation in Britain’s financial landscape. In the past, Sunak showed a willingness to make the…
The UK has not yet declared war on cryptos, but Sunak’s victory would have guaranteed that the country would fully embrace digital assets. Regardless, Liz Truss who is expected to…
However, the UK government has reserved the right to monitor wallet transactions that are deemed as high risk. According to the UK report, most people who use crypto assets for…
The UK is the third-largest holder of Ethereum, according to a Finder.com survey of 27 countries. Ethereum is the second-best crypto for British citizens, and more men than women hold…
According to research conducted by the FCA, 69 percent of investors under the age of 40 believe the crypto market is regulated. Sarah Pritchard, executive director of markets at FCA…
Data released by the UK police showed that about $200 million was lost in crypto-related frauds in 2021 Q1 to Q3. Most of the victims were the younger generation, between…
PayPal is expanding its crypto services to its UK consumers. The supported cryptocurrencies are Bitcoin, Ethereum, Bitcoin Cash, and Litecoin. Global payment company PayPal is now extending its crypto services…
FCA is allocating £11 million ($15 million) to a digital marketing campaign to warn investors of the risk involved in buying crypto. The campaign will target people from 18 to…
Only 21 percent of UK crypto investors had ‘good’ knowledge of the crypto sector prior to investment. Investors were motivated by immense price surges, encouragement from others, and the fear…
FCA has compiled a list of over 100 crypto firms that are non-compliant in a bid to help investors make investment decisions. Companies established before FCA was authorized to supervise…
Binance has run into regulatory trouble for offering ‘stock tokens’ of some major crypto-related companies. The UK is said to be in consultation with the crypto exchange over its complacency…
The Financial Conduct Authority (FCA) prohibits retail consumers from trading in Bitcoin, Ethereum and XRP derivatives. The ban on crypto-derivatives in the UK will come into force in early 2021.…