Popular UK-based financial institution National Westminster Bank (NatWest) has restricted the funds its customers can spend on crypto purchases to reduce their exposure to the volatile asset class. Ac...
Tag: UKs
British startups react to Silicon Valley Bank UK’s rescue by HSBC
An entrance to the Alphabeta Building, which houses the offices of UK unit of Silicon Valley Bank, in the City of London, UK, on Monday, March 13, 2023. HSBC Holdings Plc is set to buy the UK arm of S...
UK’s FCA Can’t Protect Crypto Investors From Losses, says Agency’s CEO
The country’s financial regulator, the FCA currently has powers to ensure crypto companies register and comply with anti-money laundering rules, but it doesn’t have the ability to protect consum...
UK’s Bank Regulator to Propose Rules for Digital Asset Issuance
The United Kingdom’s Prudential Regulatory Authority (PRA) has announced plans to propose a set of rules for the issuance and holding of digital assets. The decision comes as the use of digital ...
UK’s Lloyds Bank reports double-digit gains in global 2022 income
United Kingdom-based banking giant Lloyds Bank recorded double digits growth in global income in the backdrop of economic uncertainty in 2022. Indeed for 2022, the lender reported an income of £1.82 ...
UK’s FCA Cracks Down on Unregulated Crypto ATM Operators ⋆ ZyCrypto
Advertisement     UK’s financial regulator, the Financial Conduct Authority (FCA), has cracked down on suspects whom it alleges were operating illegal crypto ATMs arou...
LBank Welcomes UK’s Call for Industry Feedback
INTERNET CITY, DUBAI, 11th February, 2023, Chainwire The UK’s financial ministry published a long-awaited consultation paper regarding crypto regulation, calling for industry feedback. The paper echoe...
LBank welcomes UK’s call for industry feedback
The UK’s financial ministry published a long-awaited consultation paper regarding crypto regulation, calling for industry feedback. The paper echoed the UK’s ambition to be a key player in the crypto ...
UK’s most violent prisoner Charles Salvador ‘Bronson’ set to release NFT collection
Ad Charles Salvador ‘Bronson,’ who was first imprisoned in 1974 for armed robbery and has since become known as the UK’s “most violent” prisoner, is launching an NFT collection that features his artwo...
‘Britcoin’ Consultation Lays Groundwork for UK’s Digital Pound
Britain is moving ahead with plans for a digital pound that could be in use by the late 2020s, the country’s Treasury and the central bank said yesterday. “While cash is here to stay, a digital ...
UK’s Bank of England launches digital pound project as ‘new form’ of money
The Bank of England, the UK’s central bank, launched its long-awaited digital pound project, pitching the potential to create a new payment system and form of money. The potential digital...
Pig Butchering Crypto Scams Exploit UK’s Companies House: Report
According to an investigation by The Bureau of Investigative Journalism and the Observer, more than 168 shell companies in the United Kingdom are suspected of operating fraudulent crypto or foreign ex...
Ripple Reacts to UK’s New Crypto Regulation Move in Wake of FTX Collapse: Details
Following recent market developments, including the demise of FTX Exchange, the U.K. has officially announced plans to regulate the cryptocurrency industry. The government presented some proposals in ...
UK’s FCA hints at why it’s only given 15% of crypto firms the regulatory nod
Despite the plans to turn the region into a bustling crypto hub, the United Kingdom’s financial watchdog says it has given the all-clear to only 41 out of 300 crypto firm applications seeking regulato...
UK’s FCA Gives Regulatory Approval To Crypto Firms But Only A Few, Here’s Why
Despite its goal to become a crypto hub, the United Kingdom (U.K.). is still strict with its crypto regulations. Today, the U.K. financial conduct authority disclosed its regulatory approval of crypto...
The UK’s Regulatory Policy Committee is Against the FCA
There is a lack of consensus among those who make decisions on public policy in the United Kingdom over whether or not retail investors should be barred from purchasing, promoting, or distributing der...
One of the UK’s largest unions announces 10 more days of strikes
COVENTRY, U.K. – Dec. 21, 2022: Unite union general secretary Sharon Graham (centre), joins ambulance workers on the picket line outside ambulance headquarters in Coventry. On Friday, Jan. 20, U...
UK’s National Crime Agency (NCA) Announces New Crypto Crime Unit
4 hours ago | 2 mins read Bitcoin News The inaugural squad would consist of five officers working out of the NCCU. If hired, applicants may anticipate receiving a salary of $48,200 to $52,400 per year...
UK’s NCUU Crypto Cell Launched to Tackle Crypto Crime
The UK National Crime Agency arms against crypto crimes. The agency is looking to hire a cryptocurrency expert for its crypto unit. New technologies are generally hotspots for criminals to exploit loo...
UK’s crime agency creates new crypto unit
The UK’s National Crime Agency is recruiting a group of law enforcement officers to investigate crypto crimes, after a year where crypto hacks globally totalled $3 billion. As part of the nation...
UK’s Cabinet Minister’s Twitter Account Hacked: To promote Crypto
MP for Chichester, Gillian Keegan’s Twitter account, was hacked on December 25, 2022. All evening her account was used to promote crypto to various prominent personalities. Sir Lindsay Hoyle, Commons...
What should FCA consider in UK’s crypto hub race?
The UK’s financial regulator, the Financial Conduct Authority (FCA), has been continuously facing criticism from British lawmakers and the crypto industry members for their stand on strict regulations...
UK’s Rishi Sunak Bans Fracking But Government Green Lights New Coal Production
NUSA DUA, INDONESIA – NOVEMBER 16: British Prime Minister Rishi Sunak shakes hands with President … [+] Joe Biden of the United States of America during a bilateral meeting at the G20 summ...
UK’s new financial reforms include tax breaks for crypto investors
The Chancellor of Exchequer of the UK announced the Edinburgh Reforms on 9 December. These measures are part of PM Rishi Sunak’s dreams of a crypto hub. Jeremy Hunt, the Chancellor of Exchequer of the...
UK’s approval of new coal mine criticized as ‘deeply damaging mistake’
This image, taken in March 2021, shows the site where the new facility would be developed. Christopher Furlong | Getty Images News | Getty Images LONDON — Plans for a deep coal mine in the northwest o...
UK’s Crypto Industry Under Scrutiny After Regulation Plan
The UK government is reportedly working on a framework aimed at regulating the cryptocurrency industry. The UK Treasury, which will be in charge of scrutinizing the sale and marketing of crypto assets...
FTX Collapse Won’t Derail UK’s Crypto Agenda, Minister Says
“For me, recent events in the crypto market reinforce the case for timely, clear and effective regulation,” Griffith said. “The Financial Services and Markets Bill already enables us...
UK’s ‘biggest ever’ scam leads to 100 arrests after police track bitcoin records
More than 100 people were arrested in what the London’s Metropolitan Police calls “the UK’s biggest ever fraud operation” after taking down a fraud website called iSpoof used on 200,000 potential vict...
Bank of England Hikes Repo Rate by 75bps — UK’s 30-Year Fixed Mortgage Rate Jumps to 7% – Coinotizia
On Nov. 3, 2022, the Bank of England followed the U.S. Federal Reserve by codifying the eighth consecutive benchmark bank rate hike by 75 basis points (bps). The increase brings the United Kingdom’s m...
Bank of England Hikes Repo Rate by 75bps — UK’s 30-Year Fixed Mortgage Rate Jumps to 7% – Economics Bitcoin News
On Nov. 3, 2022, the Bank of England followed the U.S. Federal Reserve by codifying the eighth consecutive benchmark bank rate hike by 75 basis points (bps). The increase brings the United Kingdom’s m...
Dogecoin Cashback Now Supported by UK’s Biggest Fintech Firm
Alex Dovbnya UK’s biggest fintech firm offers cashback in meme cryptocurrency Dogecoin and popular digital assets British financial technology company Revolut offers its clients 1% cashback in D...