Browsing the "UK" Tag

Man Offering Hacking Services for Bitcoin Gets 20-Month Jail Sentence

| Daniel Palmer

A British man has been handed jail time and ordered to forfeit over £400,000 ($487,000) for offering hacking services and stolen data for crypto.

UK Advertising Watchdog Upholds Complaints Against BitMEX Bitcoin Promotion

| Daniel Palmer

The U.K. Advertising Standards Authority has upheld complaints over a "misleading" bitcoin ad placed by crypto derivatives exchange BitMEX.

UK’s Pensions and Welfare Department Eyes DLT for Faster Payments

| Daniel Palmer

The U.K. Department for Work and Pensions is investigating distributed ledger technology as a way to boost its payments systems.

Coinbase UK Dropping Support for Cryptocurrency Zcash

| Daniel Palmer

The U.K. arm of Coinbase appears to be dropping support for the privacy-focused cryptocurrency zcash.

Investment App Robinhood Wins License to Operate in UK

| Daniel Palmer

Robinhood, a stocks, ETFs and crypto investment app, has been given the green light to operate as a broker by a U.K. regulator.

UK Lawmakers May Probe Facebook Libra Over Privacy, Fraud

| Daniel Palmer

A parliamentary committee worries about Facebook holding financial details on its potentially billions of Libra users.

UK Announces ‘Dirty Money’ Crackdown, Including Tougher Crypto Regime

| Daniel Palmer

The U.K. government has drawn up an action plan aimed to combat financial crimes that it says will include a new regime for crypto assets.

London skyline

UK Finance Watchdog Takes Step Toward Ban on Crypto Derivatives

| Daniel Palmer

The U.K.'s Financial Conduct Authority is now consulting on a ban of cryptocurrency-based derivatives and ETNs in a bid to protect investors.

UK Regulators Want a Long Look at Libra, Admonish Facebook’s Mantra to ‘Move Fast, Break Things’

| Daniel Kuhn

The startup mantra just won't cut it with U.K. regulators.

Crypto and Forex Scam Reports Tripled in the UK Last Year, Watchdog Says

| Yogita Khatri

Reports of cryptocurrency and foreign exchange scams surged in the U.K. last year, while total reported losses dropped, says the FCA.