UK

Cryptocurrencies

UK Bank TSB Set to Ban Crypto Buying Due to E-Wallet Scam Concerns: Report

The company is the latest U.K. bank to act to crack down on cyber-crime.

News  ·  19 June 2021
U.K.

Most UK Financial Advisers Would Steer Clear of Crypto and Meme Stocks: Poll

More than 90% of IFAs surveyed say they would never recommend investing in crypto.

News  ·  16 June 2021
FCA

UK Financial Watchdog Warns That ICO Crypto Is a Clone Company

The firm was identified as using details of the legitimate company, Swiss Re Capital Markets.

News  ·  10 June 2021
CoinFlash

UK’s AML Rules Could Force Up to 50 Crypto Firms to Cease Trading: Report

The FCA has expressed concern that a "significantly high number" of crypto-asset businesses are not meeting its standards on AML.

News  ·  4 June 2021
CoinFlash

UK’s Starling Bank to Lift Ban Blocking Payments to Crypto Exchanges in Three Weeks

The temporary ban was in response to concern about "high levels of suspected financial crime” associated with such payments.

News  ·  1 June 2021
Crime

UK Police Raid Suspected Cannabis Factory, Find Bitcoin Mining Operation

“It’s certainly not what we were expecting!" one of the officers said.

Policy & regulation  ·  28 May 2021
Exchanges

Crypto App Luno Ordered to Amend ‘Misleading’ Ads

The U.K.'s advertising regulator said the ads gave the impression that bitcoin investment is simple, when it is in fact "complex" and "volatile".

Policy & regulation  ·  26 May 2021
Crime

Uphold Exec Accused of ‘Fraudulently Misdirecting’ $700K in Funds

Uphold's former chief compliance officer allegedly misdirected corporate and user funds. He denies the claim, though a private investigator says there may be more.

Business  ·  21 May 2021
Cryptocurrencies

UK Bank NatWest Denies Report it Will Totally Refuse Business Customers Who Deal in Crypto

This follows HSBC stating it would not be facilitating exposure to Coinbase or any other crypto-centric business.

News  ·  22 April 2021
Cardano

Revolut Adds 11 Cryptocurrencies to Its Trading Offerings

Cardano (ADA), uniswap (UNI) and filecoin (FIL) were among those added.

News  ·  9 April 2021
Turkey

McLaren Partners With Turkish Crypto Firm to Launch Formula 1 Fan Token

The McLaren token will be issued in the coming months on Bitci.com's native blockchain.

News  ·  24 March 2021
Regulation

Payments Firm Wirex Pauses New Customer Onboarding on FCA Orders

The crypto-friendly firm will use this pause to strengthen its anti-money laundering controls.

News  ·  24 March 2021
CoinFlash

‘Thrill’ and ‘Status’ Driving Young People to Crypto Investment, Says UK Financial Watchdog

These young investors "skew more towards being female, under 40 and from a BAME background," the regulator said.

Policy & regulation  ·  23 March 2021
CoinFlash

TON Investor Threatens to Sue Telegram if Not Compensated for £100M: Report

The investor said it would go to court if its compensation demand was not met, according to Forbes Russia.

Policy & regulation  ·  2 March 2021
Cryptocurrency

UK Investors Can Now Integrate Their Crypto Holdings With Their Bank Accounts

Users will be to use the Money Dashboard app to access their balances and transaction on wallets and exchanges.

News  ·  25 February 2021