UK

UK

UK Fund That Aims to Capitalize on Crypto Volatility Raises $50 Million

U.K.-licensed Nickel Asset Management says it has raised $50 million for a fund aimed to make profits off the volatility of cryptocurrencies.

Business  ·  9 September 2019
Europe

Man Offering Hacking Services for Bitcoin Gets 20-Month Jail Sentence

A British man has been handed jail time and ordered to forfeit over £400,000 ($487,000) for offering hacking services and stolen data for crypto.

Policy & regulation  ·  16 August 2019
Exchanges

UK Advertising Watchdog Upholds Complaints Against BitMEX Bitcoin Promotion

The U.K. Advertising Standards Authority has upheld complaints over a "misleading" bitcoin ad placed by crypto derivatives exchange BitMEX.

Policy & regulation  ·  14 August 2019
UK

UK’s Pensions and Welfare Department Eyes DLT for Faster Payments

The U.K. Department for Work and Pensions is investigating distributed ledger technology as a way to boost its payments systems.

Tech  ·  13 August 2019
Exchanges

Coinbase UK Dropping Support for Cryptocurrency Zcash

The U.K. arm of Coinbase appears to be dropping support for the privacy-focused cryptocurrency zcash.

Policy & regulation  ·  12 August 2019
Europe

Investment App Robinhood Wins License to Operate in UK

Robinhood, a stocks, ETFs and crypto investment app, has been given the green light to operate as a broker by a U.K. regulator.

Policy & regulation  ·  8 August 2019
Europe

UK Lawmakers May Probe Facebook Libra Over Privacy, Fraud

A parliamentary committee worries about Facebook holding financial details on its potentially billions of Libra users.

Policy & regulation  ·  22 July 2019
Europe

UK Announces ‘Dirty Money’ Crackdown, Including Tougher Crypto Regime

The U.K. government has drawn up an action plan aimed to combat financial crimes that it says will include a new regime for crypto assets.

Policy & regulation  ·  15 July 2019
Europe

UK Finance Watchdog Takes Step Toward Ban on Crypto Derivatives

The U.K.'s Financial Conduct Authority is now consulting on a ban of cryptocurrency-based derivatives and ETNs in a bid to protect investors.

Policy & regulation  ·  3 July 2019
UK

UK Regulators Want a Long Look at Libra, Admonish Facebook’s Mantra to ‘Move Fast, Break Things’

The startup mantra just won't cut it with U.K. regulators.

Markets  ·  2 July 2019
Europe

Crypto and Forex Scam Reports Tripled in the UK Last Year, Watchdog Says

Reports of cryptocurrency and foreign exchange scams surged in the U.K. last year, while total reported losses dropped, says the FCA.

Policy & regulation  ·  21 May 2019
Europe

UK Parliament Presented Showcase of Real-World Blockchain Applications

The U.K. Parliament has been presented demos of real-world blockchain applications designed to educate policymakers.

Policy & regulation  ·  19 March 2019
Europe

73% of UK Consumers Say They Don’t Know What Cryptocurrency Is

Three-quarters of U.K. consumers don't know what a cryptocurrency is or can't define it, according to a survey by the nation's financial regulator.

Policy & regulation  ·  7 March 2019
UK

Blockchain Firm SETL Seeks Buyer After Filing for Insolvency

Blockchain infrastructure provider SETL has filed for insolvency in the U.K., saying it's seeking a buyer for its CSD business.

Business  ·  7 March 2019
Europe

UK Firm Gets Regulatory Green Light to Offer Crypto Derivatives

London-based OTC firm B2C2 has just been authorized by the U.K.'s financial watchdog to offer cryptocurrency contracts for difference (CFDs).

Policy & regulation  ·  1 February 2019