U.K. Faces Hottest Day On Record As Weather Officials Issue Warning—Here’s Why It’s A Cause For Concern

Topline Temperatures across the U.K. are expected to hit an all-time high Monday, with the nation’s Met Office issuing a ‘red’ warning for extreme heat amid a dangerous heat wave eng...

Bitcoin Ransom Payment Left Uninsured In U.K.

A British diamond setter has sued its insurance agency for declining to cover a bitcoin ransom installment of $7.5 million.  The gem specialist paid the programmers to keep delicate client information...

Hive Batteries From 10 Million Nissan Electric Cars Could Power Whole U.K.

Nissan Leaf photographed at Electric Avenue and Brixton Road in Lambeth, London. (Photo by Charlie … [+] Crowhurst/Getty Images for Nissan) Getty Images for Nissan The proliferation of electric ...

U.S And U.K To Collaborate On Crypto Regulation: FCA

The financial Conduct Authority (FCA) intends to enhance collaboration to explore crypto regulations. Nikhil Rathi, CEO at FCA, reveals the regulator is in talks with the U.S. In recent months, FCA ha...

Kevin Spacey Pleads Not Guilty In U.K. Sexual Assault Case

Topline Actor Kevin Spacey pleaded not guilty to multiple sexual assault charges filed against him in the U.K. during an appearance at a London court on Thursday, a move which comes weeks after the ac...

Boris Johnson resignation may halt U.K. crypto regulations

U.K.’s Prime Minister and the leader of the Tory Party, Boris Johnson, announced his resignation from the party leadership on July 7. He said he’d continue his duty as an interim Prime Minister until ...

U.K.: add Bitcoin and crypto into new investment products

U.K. fund managers are pressuring the U.K. government to succeed in establishing a new class of funds that would include Bitcoin and cryptocurrency as new investment products.  U.K.: pressure on the g...

These 10 Candidates Are Vying To Replace Boris Johnson As U.K. Prime Minister

Topline Since British Prime Minister Boris Johnson announced Thursday he would step down as leader of the Conservative Party after a stunning mass exodus of his cabinet, 10 Tory members of Parliament ...

Boris Johnson’s Big Win? Beating IRS

Whether you love him or hate him, UK’s dethroned Prime Minister was sure different. He will be pilloried for a while yet, probably much more pilloried than praised. But anyone who has faced off with A...

Here’s What Happens Next As U.K. Selects New Prime Minister

Topline The U.K.’s Conservative Party will be tasked with finding a new leader for Parliament after Prime Minister Boris Johnson steps down as party leader, triggering a process that could invol...

U.K. Prime Minister Boris Johnson Will Reportedly Resign After Government Exodus

Topline U.K. Prime Minister Boris Johnson will reportedly step down as Conservative Party leader after multiple scandals provoked widespread outrage and mass resignations among members of his own gove...

Johnson’s Political Woes Inadvertently Set Back U.K. Crypto Regulation

Key Takeaways U.K. Ministers Rishi Sunak and John Glen’s resignations in the last couple days are likely to slow down the nation’s efforts to turn itself into a crypto-friendly jurisdiction. Glen in p...

U.K. Prime Minister Boris Johnson Fights For Survival After Wave Of Government Resignations

Topline British Prime Minister Boris Johnson is fighting to stay in power on Wednesday after two senior ministers abruptly resigned and said they had lost faith in his leadership after the latest in a...

U.K. Wants Public Views on Taxation of DeFi Loans and Crypto Staking 

The United Kingdom (UK) has launched a call for evidence seeking public views on the taxation of crypto-backed loans and staking in the context of decentralized finance (DeFi).  The call for evidence ...

U.K. tax authorities seek public consultation on DeFi tax treatment

U.K. tax authority H.M. Revenue and Customs (HMRC) opened a public consultation on the tax treatment of DeFi lending and staking on July 5. The Lead Official in the inquiry, Alex Bosinceanu, called on...

How Should DeFi Be Taxed? The U.K. Government Wants to Know

Share this article Her Majesty’s Revenue and Customs is seeking views from investors, professionals, and firms engaged in the DeFi space.  U.K. Mulls New Tax Rules for DeFi  The U.K. government wants ...

What I Learned On My First Transatlantic Flight Since 2020

London is a great city to visit, but international travel has been more difficult with changing … [+] vaccine and testing rules. With these relaxing quickly, I took a trip and found it to be ver...

U.K. government seeks input on taxing crypto asset loans and staking in DeFi

Authorities all around the globe, including the government of the United Kingdom, are looking at methods to regulate and tax the usage of digital assets as the crypto industry continues to see exponen...

No Progress On Blockchain Since 2008 Hears U.K. Parliamentary Committee

A House of Commons Committee has heard there has been little to no progress on blockchain technology since it first emerged in 2008. The comments may have fallen on deaf ears, however, as there are gr...

U.K. Sanctions Mining Magnate Vladimir Potanin—Russia’s Wealthiest Oligarch

Topline The U.K. government on Wednesday announced sanctions against Russia’s richest man, metals tycoon Vladimir Potanin, closing in on an oligarch who has escaped most Western sanctions unscathed as...

E-Bike Theft Claims Rise 37% Year-On-Year, Reveals U.K. Insurer

The Volt London e-bike costs $2,600. Carlton Reid E-bikes are proving popular, with thieves as well as consumers: theft claims in the U.K. “rocketed” by 37% between 2020 and 2021, reveals insurance pr...

Conservative MP Matt Hancock advocates for “attractive” tax and regulatory regimes in the U.K.

? Want to work with us? CryptoSlate is hiring for a handful of positions! Conservative MP and crypto advocate Matt Hancock in a keynote speech delivered at Crypto A.M.’s 4th anniversary on June 22 cal...

U.K. Risks Falling Behind in Terms of Crypto Adoption, Claims Ex-Minister

The United Kingdom is lagging in terms of crypto development and has “missed a trick,” according to a former government finance minister. Philip Hammond, a former Chancellor of the Exchequer, says the...

U.K. inflation hits 9.1%: senior economist warns we’re yet to see the peak

Consumer prices in the United Kingdom hit a new forty-year high of 9.1% in May, the Office for National Statistics reported on Wednesday. Senior economist’s remarks on CNBC According to the Bank...

Polio Spread Detected In London Sewage For First Time In Decades

Topline Several related samples of the virus that causes polio have been detected in the U.K. for the first time in decades, the U.K.’s Health Security Agency said Wednesday, leading British health of...

The U.K makes a turnaround on KYC rule

? Want to work with us? CryptoSlate is hiring for a handful of positions! The U.K. government has pulled back on its plan to collect data on transactions sent to a private or unhosted crypto wallet. T...

U.K Real Estate Firms Hopping on Crypto Train – Here’s How

A marketing agency has been contracted to develop a crypto portal for a real estate company and is also working on a website to improve its offerings. However, this is no ordinary website, but one tha...

15,000 Russian Millionaires Are Trying To Exit The Country Amid War In Ukraine, U.K. Says

Topline Thousands of Russian millionaires may be preparing to leave their country as the war with Ukraine continues, the U.K. Defense Ministry said on Friday in its daily intelligence update, signalin...

Julian Assange’s Extradition To The U.S. Approved By U.K. Government

Topline U.K. Home Secretary Priti Patel on Friday approved the extradition of Wikileaks founder Julian Assange to the U.S.—where he faces multiple criminal charges and possible life imprisonment—in a ...

Kevin Spacey ‘Strenuously Denies’ U.K. Sexual Assault Charges In Court As He’s Granted Bail

Topline Actor Kevin Spacey was granted unconditional bail Thursday after making his first appearance at a London court, where he faces multiple sexual assault charges. US actor Kevin Spacey arrives at...

Roadside Suction Vent Touted As Anti-Pollution Tech That Could Prevent Motor Vehicle Bans

Roadvent in action. Roadvent Roadside pollution suction technology could be a “viable alternative to banning [motor] traffic,” says a public health expert. Frank Kelly, the Battcock Chair in Community...

U.S. Based Hackman Capital Partners To Fund €300m Studio In Ireland

Aerial view of the Liffey river flowing through Dublin and emptying into the Irish Sea; one of the … [+] most picturesque sight is the Lady Patricia and Miranda Guinness cargo ships leaving the ...