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2 UK men convicted of crypto investment fraud
Latest United Kingdom News
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UK-based crypto firm Copper Technologies withdrew its registration to the FCA. Instead, its new CEO wants to shift the custodian’s focus towards securing operating licenses in the US and other countries. According to a Bloomberg report, crypto custodian firm Copper…
News
A new paper by the UK’s financial watchdog puts the brakes on the crypto industry; effectively banning the issuance of crypto offers by non-regulated entities. In a new report published on Dec. 16, the UK’s financial authority has outlined new…
News
New research from the Bank of England suggests that emerging privacy technologies such as zero-knowledge proofs could enhance user control over data in a digital pound. The Bank of England has suggested that zero-knowledge proofs and other privacy-enhancing technologies —…
News
The UK government was founded by the blockchain analytics platform that held billions of dollars in Bitcoin in the past few years. Arkham Intelligence, on the on-chain analytics data on Dec. 06, has found the wallet that is connected to…
BTC
Bitcoin
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Former U.K. minister Steve Baker has been granted approval to take on a new role as an adviser for Bitcoin-focused venture capital firm Axiom. The Advisory Committee on Business Appointments granted former British politician Steve Baker approval to take up…
BTC
Bitcoin
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Binance is facing legal action after a former senior employee claims she was fired for reporting a colleague’s bribery attempt, which she says was disguised as consultative services. A former executive at Binance is suing the crypto exchange in the…
News
Officials say the United Kingdom (UK) government is preparing to set a new regulatory framework for the crypto industry, including stablecoin, by next year. The newly formed government of the UK will advance the cryptocurrency regulations after being delayed due…
News
The U.K. government plans to unveil draft regulations for the crypto and stablecoin markets in early 2025, Bloomberg has reported. According to the publication, Prime Minister Keir Starmer’s administration aims to establish a regulatory framework for overseeing the crypto industry,…
News
Co-founder and CEO of Robinhood, Vlad Tenev, commented on Britain’s hawkish approach to crypto, especially when compared to gambling. In an interview with the Times, Tenev expressed his desire to expand Robinhood’s business into the UK, highlighting its potential to…
BTC
Bitcoin
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British officials are reportedly working on a plan to regulate stablecoins and exempt staking services, aiming to strengthen the country’s appeal amid U.S. regulatory shifts. The British government plans to roll out crypto regulations by December, aiming to retain firms…
Opinion
The UK still has much to offer for digital asset investors, but time is not on the UK’s side, especially after Trump’s win in the US elections.
BTC
Bitcoin
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Bitget has officially re-launched its UK platform, now fully compliant with the Financial Promotions Regime. Cryptocurrency exchange Bitget is coming back to the United Kingdom just six months after suspending its services to new users in the country. In a…
BGB
Bitget Token
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The UK’s Financial Conduct Authority has successfully prosecuted two men involved in a £1.5 million cryptocurrency investment fraud scheme that targeted 65 investors. Raymondip Bedi and Patrick Mavanga deceived potential investors by promising high returns through fraudulent crypto investment platforms,…
News
The UK is expected to introduce laws regulating stablecoins within a few months, according to a spokesperson from Circle. Circle, the issuer of the USD Coin (USDC), anticipates these laws will be in place soon, as stated in a CNBC…
News
The FCA is defending its stringent crypto firm registration process despite concerns that the approach may hinder innovation. The U.K. Financial Conduct Authority is reaffirming its commitment to a rigorous registration process for crypto businesses, addressing concerns that these tough…
News
Blockchain.com executives face prosecution, with court proceedings underway as Companies House intensifies its enforcement measures. British crypto provider Blockchain.com is facing legal action after two senior executives were charged over the company’s failure to file accounts on time, The Telegraph…
Alexey Borovets
