Tag: UK

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Nexo Reopens UK Operations with Enhanced Compliance and Client Education

Nexo's new onboarding process follows FCA requirements, improving user risk awareness. The platform's 10-month halt allowed for a full modify to meet UK...

UK Authorities Intensify Crackdown on Illegal Bitcoin ATM Operations

Rahman's case is the UK's first prosecution for operating unauthorized Bitcoin ATMs. Lack of defined digital asset legislation exposes consumers to considerable dangers. In...

Bitcoin Surges as Number of COVID-19 Cases Abroad Drop

Bitcoin has once again shot past the $7,000 mark. At the time of writing, the world’s top cryptocurrency by market cap has surged more...

UK Needs to Take Lead on Crypto to Stay Ahead of Curve, Says eToro’s Iqbal Gandham

The U.K. needs to take the lead in "fostering innovation" in the crypto space, according to the chair of CryptoUK, who suggested Bitcoin has...

Coinbase Opens Office in Dublin to Serve the European Market

The leading cryptocurrency exchange, Coinbase, has announced the opening of its new office in Dublin, the Irish capital city. Firm Starts European Operations Coinbase, the U.S.-based...

UK Telecom Regulator Receives Grant to Deploy Blockchain for Landline Number Management

Ofcom, the telecommunications regulatory authority of the UK, has received a grant of Pound 700K to explore the use of blockchain technology for management...

UK Bitcoin Exchange Coinfloor Lays Off Half of Its Employees

These are very interesting times for Bitcoin exchanges. A lot of consumers and institutional traders want exposure to volatile cryptocurrencies. For Coinfloor, the oldest...

First Pound-Backed Stable Coin Announced by UK Start-Up

London Blockchain Exchange (LBX), a UK based blockchain start-up, has announced plans to launch a cryptocurrency pegged to the Pound. LBXPeg, the First Pound Backed...

Winklevoss Twins Eyeing Expansion to the UK

The popular Bitcoin advocates, Tyler and Cameron Winklevoss, are reportedly eyeing potential expansion of their New York-based cryptocurrency exchange to the United Kingdom. Competing...

UK Officials Are No Closer to Regulating Bitcoin After Six Months of Research

Determining the regulatory fate of cryptocurrencies is complicated. In the UK, the government is still struggling to make any decisions in this regard. The...

UK’s FCA Issues Warning on Two Bitcoin Dealers

The UK's Financial Conduct Authority has issued warnings on two Bitcoin dealers over a lack of licensing. While cryptocurrency enthusiasts love its decentralized nature, governments...

Crypto Platform Wirex Becomes Third Company to Receive E-Money License from the FCA

Wirex, a London-based global crypto and fiat platform, has revealed that it's been granted an e-money license from the U.K.'s Financial Conduct Authority (FCA),...