UK Financial News

12.06 / 10:01

Binance security UK Trade Department rowing Key Executive Departs London-Based Checkout.com Amid Crypto Client Woes

A high-ranking executive at London-based global payments processor Checkout.com, which once was the hottest startup in Europe, is on their way out.

08.08 / 06:36

markets Advertising UK travelers UK Financial Watchdog Outlines Do’s and Don’ts for Crypto Firms in Latest Guidance

The UK’s FCA has unveiled fresh guidance for crypto companies after assessing their adherence to financial promotion regulations.

13.07 / 05:26

Target CEO Platform UK Trade Revolut Sky News reports Revolut CEO Nikolay Storonsky to Offload Shares in $500M Sale – What’s Going On?

Revolut CEO Nikolay Storonsky plans to sell a portion of his stake in a $500 million share sale, adjusting his multibillion-dollar investment in the fintech giant.

12.07 / 14:49

Citi Digital Election UK tokenization reports UK’s Potential New City Minister Tulip Siddiq Could Back Tokenization

Tulip Siddiq, reportedly set to become the UK’s City Minister, is expected to support tokenization and digital asset initiatives.

27.06 / 09:31

Digital UK Freedom FCA information 2020 reports UK Watchdog Boosts Crypto Division to 100 Staff Members

The UK’s financial watchdog has bolstered its workforce dedicated to crypto, increasing the number of staff to 100. This expansion comes as the Financial Conduct Authority (FCA) grapples with new regulatory issues in the digital asset market.

25.06 / 05:59

Digital Align Election Research UK Trade UK Young Adults See Crypto As Vital Electoral Concern

Ahead of the upcoming General Election, a survey has revealed that more than 33% of young adults in the UK consider crypto to be a significant electoral issue.

14.06 / 06:35

Blockchain Digital Web3 community UK innovations recommendations Stand With Crypto UK Unveils Manifesto For Fintech Community

Stand with Crypto has published a manifesto, calling for a comprehensive regulatory framework for the blockchain industry in the UK.

13.06 / 04:45

Crypto Trading Gambling UK UK’s NHS Sees Sharp Rise in Bitcoin Trading Addiction Among Young Men

The UK’s National Health Service chief, Amanda Pritchard, raised concerns Wednesday about the rising number of young men seeking treatment for addiction to Bitcoin trading. She has urged action to regulate crypto platforms to prevent further harm.

28.05 / 10:39

UK FCA WisdomTree Bitcoin and Ethereum ETNs Hit London Stock Exchange Trading Floor

Investors in the UK can now trade exchange-traded products that track Bitcoin and Ethereum through the London Stock Exchange, as the country narrows the gap with other financial leaders in digital assets.

14.05 / 12:39

Election UK Asset Tokenization NOT Labour UK Election Win May Not Derail Conservative Crypto Plans

The upcoming UK election is swaying towards Labour, but likely won’t change the trajectory of the Conservative’s crypto legislation efforts.

14.05 / 05:11

Provident Assurant UK Bankruptcy social Courts Investigations UK Crypto Advisory Firm Shuts Down Over Investor Losses, Accounting Neglect

The UK government’s Insolvency Service has shut down a London-based crypto advisory firm that claimed to offer investment advice in cryptocurrencies.

02.05 / 12:33

markets ETF Racing UK Bitcoin country Spot Crypto ETFs UK Lawmaker Pushes for Rethink on Retail Crypto ETP Ban

Alun Cairns, a Conservative UK Member of Parliament, called on the Financial Conduct Authority (FCA) to reconsider its ban on crypto exchange-traded products (ETPs) for retail investors. In a Politics.co.uk op-ed published Thursday, he raised concerns that the country is falling behind.

02.05 / 08:35

markets Fighting UK FCA information reports guidelines Financial UK FCA Dedicated 30% of Financial Crime Personnel to Monitor Crypto Companies in 2023

The UK’s financial watchdog dedicated nearly a third (30%) of its financial crime specialists to overseeing crypto asset businesses in 2023, according to a report released on May 1.

26.04 / 15:59

UK Crypto Crime crypto law UK Law Enforcement Can Seize Crypto More Easily With New Powers

New powers that will make it easier for UK law enforcement agencies to seize crypto come into effect on Friday.

17.04 / 21:15

Web3 UK crypto regulation UK Parliament Member Lisa Cameron Pushes For Greater Digital Skills Training, Blockchain Technology Partnerships

UK Member of Parliament (MP) Lisa Cameron called for increased digital training regarding Web3, AI, and blockchain technology in a debate Tuesday, to increase the country’s “necessary talent pipeline” and bolster the UK crypto economy .

12.04 / 21:05

UK Bitcoin Fraud Victims Call on China to Assist in Recovering $4.3B Bitcoin Seized by UK Police

The victims of an investment fraud scheme have called on China to negotiate with the UK government to recover 61,000 Bitcoin seized in a money laundering investigation, valued at $4.3 billion at the time of publication.

03.04 / 08:17

Blockchain Digital Progressive Platform security UK 3 Major UK Banks Bet On Blockchain Property Network With $12M Backing

Lloyds Bank, Nationwide Building Society, NatWest Group, and property portal Rightmove collectively invested £10m (about $12.6m) in Coadjute, a blockchain firm focused on property transactions, according to a press release Tuesday.

28.03 / 10:13

Advertising UK financial conduct authority UK Watchdog Clarifies Rules for Memes and Finfluencers in Social Media Promotions

The UK’s Financial Conduct Authority (FCA) on Tuesday issued new guidelines for financial services promotions on social media. These apply to formats like memes, reels, and gaming streams, highlighting the need for fairness and avoiding any misleading information.

27.03 / 19:05

Digital Entertainment UK crypto custody country reports Crypto Firm Copper’s London Party Raises Eyebrows Over Sushi Served on Models

Crypto custody firm Copper reportedly threw a London party where attendees were served sushi off two partially-clad models.

20.03 / 03:19

UK FCA 2024 crypto UK FCA Plans to Implement Market Abuse Regime for Crypto in 2024

The Financial Conduct Authority (FCA) of the United Kingdom has announced its intention to introduce a market abuse regime for cryptocurrencies within the current year, as outlined in its business strategy released on Tuesday .

12.03 / 07:19

UK Bitcoin spot bitcoin ETF Bitcoin’s Record High Above $72K Signals Strong Crypto Market Rebound

Bitcoin hit an all-time high on Monday, contributing to the rapid rebound of the cryptocurrency market. The largest crypto by market cap surged to as much as $72,710 late Monday. Meanwhile, Ether rose 4.5% to $4,038.

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