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UK Chancellor Rishi Sunak Proposes Crypto Adoption and CBDCs as Priority for Treasury Reform
Uk

UK Chancellor Rishi Sunak Proposes Crypto Adoption and CBDCs as Priority for Treasury Reform

The Chancellor of the Exchequer Rishi Sunak has listed crypto adoption and CBDCs amongst the Treasury's focus demanding reforms in the future.

UK NatWest Bank Restricts Daily Transfer Amount to Crypto Exchanges, Including Binance
Uk

UK NatWest Bank Restricts Daily Transfer Amount to Crypto Exchanges, Including Binance

To prevent the occurrence of fraud-related incidents, NatWest bank has tightened restrictions on crypto-related activities followed by the U.K. financial watchdog imposing restrictions on crypto exchanges.

UK Financial Regulator Restricts Binance Crypto Business
Uk

UK Financial Regulator Restricts Binance Crypto Business

The United Kingdom Financial Conduct Authority (FCA) issued a restriction to Binance, requesting Binance Markets Limited to remove all advertising and financial promotions and close the business by the evening of this Wednesday.

UK Regulator Study Shows Up to 2.3M Adults Own Cryptocurrencies
Uk

UK Regulator Study Shows Up to 2.3M Adults Own Cryptocurrencies

The United Kingdom Financial Conduct Authority (FCA) has released the latest report about cryptocurrency awareness among UK adults. Study shows that up to 78% UK adults heard of cryptocurrencies.

Crypto Fund Managers Infuriated with UK Watchdog's Recent Ban on Crypto Derivatives
Uk

Crypto Fund Managers Infuriated with UK Watchdog's Recent Ban on Crypto Derivatives

Crypto fund managers have released an angry response to the UK financial regulator's recent ban on the sales of crypto derivatives to retail consumers.

XRP Token is Classified as a Non-Security by the UK Treasury
Uk

XRP Token is Classified as a Non-Security by the UK Treasury

The UK has released a report for crypto assets and stablecoins to deliver a more comprehensive overview of its financial system.

UK FCA Regulator Announces “Temporary Registration Regime” Extending Operating Deadline for Crypto Firms
Uk

UK FCA Regulator Announces “Temporary Registration Regime” Extending Operating Deadline for Crypto Firms

The UK’s FCA has just announced a “temporary registration regime” which allows crypto firms who have previously applied to continue operating until July 2021.

UK ISIS Member Charged for Sending Bitcoin to Terrorist Militants in Syria
Uk

UK ISIS Member Charged for Sending Bitcoin to Terrorist Militants in Syria

A UK member of ISIS faces multiple charges for sending funds using Bitcoin to aid the escape of terrorist militants being held in prison camps in Syria.

UK Financial Watchdog FCA Bans Crypto Derivatives Trading For Retail Investors
Uk

UK Financial Watchdog FCA Bans Crypto Derivatives Trading For Retail Investors

The United Kingdom’s Financial Conduct Authority (FCA) has issued its final rules banning the sale of crypto derivatives and exchange-traded notes (ETNs).

Member of Dark Overlord Crypto Hacking Group Pleads Guilty to Ransom Attacks
Uk

Member of Dark Overlord Crypto Hacking Group Pleads Guilty to Ransom Attacks

UK national Nathan Wyatt was found guilty of multiple charges this week after extracting personal information from victims while demanding a Bitcoin ransom.

Bank of England Chooses Accenture To Rebuild UK Payment System
Uk

Bank of England Chooses Accenture To Rebuild UK Payment System

Accenture has won a tender with the UK’s central bank to assist in building the UK’s new RTGS (real-time gross settlement) service.

Ransomware Attacks Target English Football League, Data Withheld for $3.8 Million Bitcoin
Uk

Ransomware Attacks Target English Football League, Data Withheld for $3.8 Million Bitcoin

UK government report reveals cybercriminals are targeting English Football Clubs with ransomware attacks.

ING Bank-Led Security Token-Focused Project Pyctor Was Selected by UK's FCA for its Regulatory Sandbox
Uk

ING Bank-Led Security Token-Focused Project Pyctor Was Selected by UK's FCA for its Regulatory Sandbox

Led by ING Bank, in collaboration with ABN AMRO, BNP Paribas Securities Services, Invesco US, Société Générale – Forge, State Street, and others have launched a digital asset project — Pcytor.

UK Government Wants FCA Oversight on Crypto Investment Advertising
Uk

UK Government Wants FCA Oversight on Crypto Investment Advertising

The UK Government has proposed that crypto asset promotions should fall under the scope of the Financial Conduct Authority’s existing oversight and does not require a whole new framework just for digital assets.

Kraken’s Subsidiary Becomes the First Licensed Derivatives Platform to Offer Leveraged Crypto in the EU
Uk

Kraken’s Subsidiary Becomes the First Licensed Derivatives Platform to Offer Leveraged Crypto in the EU

Kraken Futures, a subsidiary of Kraken, also known as Crypto Facilities has announced it had been granted a Multilateral Trading Facility (MTF) license from the United Kingdom’s Financial Conduct Authority (FCA).