UK

UK

PwC Report Has High Hopes for Bitcoin in Show Business

In an intriguing report, the UK firm found that digital currencies are already driving innovation across several industries.

Business  ·  29 January 2014
Bitcoin

Major UK Banks Face Backlash After Withdrawal Limits and Delays

Customers are reporting difficulty obtaining their cash due to contentious policy changes and service interruptions.

Business  ·  27 January 2014
UK

University of Cumbria First in UK to Accept Bitcoin

The university will accept bitcoin payments for two new programmes linked to the study of cryptocurrencies and complementary currencies.

Business  ·  21 January 2014
Regulation

UK’s Official Financial Compensation Fund ‘Doesn’t Cover Digital Currencies’

The UK's Financial Services Compensation Scheme has warned it won't compensate lost digital currencies such as bitcoin and litecoin.

Policy & regulation  ·  17 January 2014
UK

Picturesque English Farm Takes Bitcoin for Wedding Parties

The farm's owner, John Michell, runs seminars at the venue which introduce the digital currency to would-be bitcoin investors.

Business  ·  17 January 2014
UK

eBay UK to Allow Sale of Virtual Currency from 10th February

On 10th February, eBay will launch a dedicated Virtual Currency category on eBay Classifieds in the UK.

Business  ·  16 January 2014
Regulation

Will UK Tax Authority HMRC Reclassify Bitcoin as ‘Private Currency’?

The UK authority is likely to reclassify bitcoin as a 'private currency' and thus significantly reduce its tax liability.

Policy & regulation  ·  16 January 2014
UK

London Man Attempts to Trademark Bitcoin

A man from Leyton, East London is attempting to trademark the word “Bitcoin” in the United Kingdom.

Markets  ·  20 December 2013
Exchanges

Barclays Bank Takes GBP Deposits For New UK Bitcoin Exchange Bit121

Barclays now takes sterling deposits that can be used on new UK bitcoin exchange Bit121.

Business  ·  15 December 2013
Coinbase

Mel B Spices Up Record Sales With Bitcoin

The former Spice Girl will be the first artist to accept bitcoin payments for her new single.

Business  ·  11 December 2013
Regulation

UK Tax Authority HMRC Rethinks Stance on Bitcoin

HM Revenue and Customs has backtracked on its previous classification of bitcoin as a taxable 'voucher'.

Policy & regulation  ·  6 December 2013
UK

British Island Wants to Make Physical Bitcoins with UK Royal Mint Deal

A tiny island in the English Channel, Alderney, wants to become a bitcoin financial services center.

Markets  ·  30 November 2013
UK

UK Bitcoin-Buying Service Bittylicious Adds Feathercoin

Bittylicious, a UK platform that supplies buyers with bitcoins at a premium price, will sell feathercoins in December.

Tech  ·  29 November 2013
UK

Man Accidentally Sends £4m of Bitcoins to Landfill

A man from Newport, Wales, recently realised he accidentally threw away £4m worth of bitcoins.

Business  ·  27 November 2013
Regulation

Bitcoin in the UK: HMRC suggests bitcoins are ‘taxable vouchers’

Is bitcoin private money, a good or a voucher? CoinDesk looks at the UK government's stance on digital currency.

Policy & regulation  ·  14 November 2013