Latest News on UK

Exchanges

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).

Sarah Tran

Jul 07, 2020

| 2 Min Read

#KRAKEN #CRYPTO #CRYPTO EXCHANGE #EU #FCA #UK

Research

UK Financial Regulator Reveals: 1.9 Million British Adults Own Cryptocurrencies

The Financial Conduct Authority (FCA) in the UK reported that 1.9 million adults own cryptocurrencies, representing 3.86% of the general population. The regulator also noted that 75% of them hold crypto worth less than £1,000, approximately $1,230.

Brian Njuguna

Jul 01, 2020

| 2 Min Read

#UK #CRYPTOCURRENCIES #BITCOIN #LIBRA #FCA #BLOCKCHAIN

Industry

Ziglu Mobile Banking App Makes Cryptocurrency Easy for Everyone

Ziglu, the first UK regulated cryptocurrency bank, has launched its platform app after successfully completing its testing phase.

Nicholas Otieno

Jun 16, 2020

| 2 Min Read

#ZIGLU #UK #REGULATED #CRYPTOCURRENCY #BANK #MOBILE #APP #EASY #MARK HIPPERSON #BANKING #ADOPTION

Technology

British University Reveals Blockchain-Enabled Digital Certificate to Water Down COVID-19 Dangers Across Supply Chains

Birmingham City University (BCU) in the United Kingdom is testing the waters with a blockchain-based digital safety certificate to safeguard consumers and suppliers from risks triggered by coronavirus (COVID-19). The digital certificate dubbed the Coronavirus Clearance Certificate (CCC), will be instrumental in reassuring stakeholders across supply chains that goods offered are risk-free.

Brian Njuguna

Apr 22, 2020

| 2 Min Read

#BIRMINGHAM CITY UNIVERSITY #DIGITAL CERTIFCATE #BLOCKCHAIN #COVID-19 #SUPPLY CHAIN #UK #BRITAIN

Industry

Over 100 Car Dealers to Accept Crypto Payments in the UK Boosting Crypto Adoption

At least 100 car dealers in the UK have inked a partnership with London-based AutoCoinCars, the nation’s market leader in trading cars with cryptocurrencies. Through the strategic collaboration, clients will be able to purchase cars using cryptos in some of the biggest car dealers in the UK, such as Benz Bavarian, Saxton4x4, and Redline Specialist Cars.

Brian Njuguna

Apr 09, 2020

| 2 Min Read

#UK #CAR SALES INDUSTRY #CRYPTOCURRENCIES #BLOCKCHAIN #BITCOIN #CRYPTO #AUTOMOBILE

Industry

UK Law Enforcers Blow the Whistle on Bitcoin Fraudsters Taking Advantage of Coronavirus Outbreak

As the coronavirus pandemic continues to wreak havoc, having claimed more than 3,000 lives and infecting more than 100,000 people globally, tension has become inevitable. The UK police have raised the alarm on fraudsters swindling Britons by demanding Bitcoin payments amid coronavirus scare.

Brian Njuguna

Mar 09, 2020

| 2 Min Read

#BITCOIN #CORONAVIRUS #CDC #CRYPTO #FRAUD #UK

Regulation

UK’s Financial Watchdog Raises the Alarm on BitMEX Being Unauthorized

The Financial Conduct Authority (FCA) in the UK mandated with regulating financial markets and service firms in the nation has blown the whistle on Seychelles-based crypto exchange BitMEX for not being authorized.

Brian Njuguna

Mar 06, 2020

| 2 Min Read

#UK #FINANCIAL CONDUCT AUTHORITY #BITMEX #CRYPTO EXCHANGES #CRYPTOCURRENCIES #FCA #REGULATION

Industry

DAG Global Seeks to Break New Ground as First UK Bank to Support Crypto Businesses

DAG Global, a UK financial services company, aims to set a precedent by gaining a UK banking license to close the void between banks and crypto businesses. It intends to become the nation’s first bank to support cryptocurrency businesses.

Brian Njuguna

Feb 11, 2020

| 2 Min Read

#DAG GLOBAL #UK #BANKING #CRYPTO BUSINESSES #CRYPTOCURRENCIES #CRYPTO CUSTODY

Industry

UK’s Financial Regulator Seeks to Hire Crypto Specialist to Spearhead Digital Asset Regulations

UK’s financial regulator has posted a job listing for a potential candidate with strong crypto knowledge. The recruitment could be an indication that the agency is set to provide higher degree of regulatory scrutiny of digital assets and possible abuses.

Nicholas Otieno

Feb 07, 2020

| 2 Min Read

#UK #FCA #REGULATION #REGULATOR #HIRING #TALENT #CRYPTO

Technology

UK Tech Companies Partner to Develop Blockchain-Based Parcel Tracking Application

Triad, a notable UK provider of IT consultancy services and technology solutions, has partnered with Stratis, a London-based enterprise blockchain technology company, for blockchain-enabled solutions to organizations including a parcel tracking application.

Brian Njuguna

Jan 11, 2020

| 2 Min Read

#TRIAD #BLOCKCHAIN #STRATIS #UK #TECHNOLOGY

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