UK

Staking

UK Police Find no Crime in Alleged $3M Crypto ‘Staking’ Scam

Investors who say they lost money in an alleged cryptocurrency fraud have had no luck persuading the police there was a crime committed.

Policy & regulation  ·  30 October 2020
Regulation

Ripple Eyeing Move to London Over XRP-Friendly Stance, CEO Says

It would be "advantageous for Ripple to operate in the U.K.,” said Ripple CEO Brad Garlinghouse.

Business  ·  23 October 2020
CoinFlash

Isle of Man Regulator Says Bitcoin, Ether Not Considered Securities in New Guidance

The island's Financial Services Authority has set out how it will treat cryptocurrencies and crypto assets and which might be regulated as securities.

Policy & regulation  ·  15 October 2020
CoinFlash

Coinbase Reportedly Warns Some UK Users It's Handing Their Details to the Taxman

U.K. users of the exchange who have received £5,000 or more in the past tax year will have their information passed to the tax authority.

Business  ·  2 October 2020
Exchanges

Gemini Exchange Launches in UK After Being Awarded EMI License

The cryptocurrency exchange and custodian has added the pound sterling (GBP) as a funding option.

Business  ·  24 September 2020
UK

Bitcoin Banking App Mode Eyes £40M UK Listing

Mode is expected to announce plans for a £40 million stock market listing sometime in the next month.

Business  ·  7 September 2020
CoinFlash

Starling Bank Co-Founder’s New UK-Licensed App Adds P2P Crypto Payments

Peer-to-peer cryptocurrency payments are now live on Ziglu, a week after the app-based platform got its EMI license from a U.K. watchdog.

Business  ·  7 September 2020
Exchanges

UK Watchdog Eyes Extension of Money Laundering Risk Reporting to Crypto Firms

The Financial Conduct Authority is seeking to oblige more firms, including some working with cryptocurrency, to report how they manage the risks of financial crime.

Policy & regulation  ·  25 August 2020
CoinFlash

UK Regulator Grants License to Digital Security Exchange Archax

The U.K. watchdog has granted several licenses to Archax that will allow it to become a "one-stop shop" for the digital security space.

News  ·  19 August 2020
CoinFlash

UK Government Moving to Restrict Cryptocurrency Promotions

Under the U.K. government's proposals, unauthorized companies would need explicit approval to legally market cryptocurrency products.

News  ·  20 July 2020
UK

UK Court Orders Crypto Exchange to Shut Down After Clients Lose $2M

The U.K. is ordering GPay to shut down on allegations that 108 clients lost £1.5 million, or $2 million, through the crypto exchange.

News  ·  1 July 2020
Regulation

UK Financial Watchdog Warns Crypto Firms to Register Before End of June

The Financial Conduct Authority wants six months to review and ask follow-up questions to crypto businesses applying to operate in the U.K.

News  ·  22 June 2020
Binance

Binance Launching Crypto Exchange in the UK

Binance U.K. will provide regulated crypto trading services for British and European investors.

News  ·  17 June 2020
UK

Bidooh Founders Admit to Cloning Business for Rival Advertising Venture

The founders had used the tech to establish a rival advertising firm, but claimed they'd been "screwed out of" their company.

Business  ·  24 April 2020
UK

UK’s Tech Bailout Could Help Blockchain Devs Weather COVID-19 Shutdown

Britain’s new “Future Fund” relief package will help tech firms, including blockchain companies like Chainvine.

News  ·  22 April 2020