2023-4-18 20:32 |
Recent reports indicate that Britain is already planning to introduce laws targeting the regulation of the crypto industry in the next 12 months.
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Philip Hammond, the former UK Finance Minister, warned that the nation needs to catch up in its vision to become a crypto hub. The post Britain Lagging Behind in Race to Become Crypto Hub, Says Former UK Finance Minister appeared first on BeInCrypto.
2023-1-27 21:51 | |
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The British government unveiled a suite of measures designed to position Britain as a leading hub for crypto-related innovation and finance. The Minister of the Exchequer Rishi Sunak said, “The measures we’ve detailed today will help to guarantee enterprises can…
2022-12-1 21:03 | |
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Calls for crypto ban in the UK gains momentum as Britain Authority (FCA) solicits more support for crypto bans.
2022-11-16 05:00 | |
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A British High Court suspended the Pretoria Group International (PGI) Trading firm. PGI offered crypto services, health products, and blockchain education. PGI Shutdown While Holding Investors’ Funds Initially, two of PGI’s Directors delivered conflicting reports about its activities. However, the…
2022-10-29 12:00 | |
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2022-10-26 20:11 | |
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Legendary football club Arsenal has been criticized for its “irresponsible” cryptocurrency promotion
2022-8-11 23:42 | |
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Britain takes further steps and plans to deploy blockchain to TradFi
2022-6-7 18:51 | |
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In response to the recent collapse of controversial crypto project Terra, Britain is looking into ways to ensure stablecoins don’t threaten their wider financial system. Her Majesty’s Treasury printed a new consultation paper on Tuesday, May 31, 2022, regarding minimizing the risks of the possible collapse of stablecoins and many more digital currencies by utilizing […]
2022-6-2 01:06 | |
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Crypto adoption continues to surge in Britain, with a whopping 33% of the country’s customers having previously invested in such assets. The ratio is up 4% from six months ago, and is second only to the Netherlands’ staggering 47% figure in Europe.
2022-5-6 05:20 | |
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The UK government has announced plans that will see stablecoins recognized as a valid form of payment under local laws as part of wider plans to make Britain a global hub for crypto-asset technology and investment.
2022-4-6 22:58 | |
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The Bank of England (BOE) is on the verge of sketching out Britain’s first regulatory framework for cryptocurrencies.
2022-3-28 13:03 | |
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British Finance Minister Rishi Sunak is expected to announce crypto regulations in the coming weeks
2022-3-28 21:43 | |
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Britain’s advertising authority has banned a promotion on the London Underground for Floki Inu, a cryptocurrency named after Tesla CEO Elon Musk’s dog. According to the Advertising Standards Authority, the marketing program was “irresponsible” since it allegedly exploited customers’ lack of information about the potential risks associated with investing in crypto assets. The advertisement, which […]
2022-3-2 16:55 | |
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Stay tuned for the latest crypto events with U.Today’s news digest!
2022-1-19 19:07 | |
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Great Britain's watchdogs are aiming at the crypto industry and decentralized finances
2022-1-18 14:08 | |
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Chai Ada wants to promote the adoption of cryptocurrencies
2022-1-14 18:48 | |
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Britain’s Financial Conduct Authority Chief Executive, Nikhil Rathi recently raised caution in the crypto sector. The regulatory body has maintained the stance that crypto-related losses should not The post UK FCA CEO says 'anything crypto-related should not be entitled to compensation' appeared first on AMBCrypto.
2021-12-9 16:30 | |
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The Deputy Governor of the Bank of England said they would front-run rules from the Basel Committee on capital backing of crypto assets. The post Bank of England Says Britain to Front-Run Rules on Crypto appeared first on BeInCrypto.
2021-9-24 00:45 | |
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Over the last week, a number of cryptocurrency users that were also customers of the British multinational bank, Barclays, reported issues with getting their payments to the crypto exchange Binance.
2021-7-6 13:00 | |
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One of Britain’s biggest domestic lenders, NatWest Group, has capped the daily amount customers can send to cryptocurrency exchanges due to concerns over investment scams and fraud. This also affects leading cryptocurrency exchange Binance, which, as we reported, has already removed the ability to deposit and withdraw British Pounds (GBP) from the platform through Faster […] The post Britain’s NatWest Group is Latest to Cap Daily Transfers to Crypto Exchanges first appeared on BitcoinExchangeGuide.
2021-6-30 18:00 | |
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Switzerland-based 21shares announced it’s going to offer its crypto exchange-traded product (ETP) to institutional investors in Britain. The platform said the aim is to provide U. K. investors with exposure to bitcoin without the need to deal with crypto custody and security.
2021-6-8 07:30 | |
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Britain’s Financial Conduct Authority (FCA) said yesterday that numerous crypto businesses are withdrawing their application to legally register, while failing to meet anti-money laundering and counter-terrorism financing rules.
2021-6-5 19:00 | |
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Head of the bank's technology arm has a “strong conviction that digital assets are here to stay and will be adopted by the institutional market as a highly relevant asset class.” The post Standard Chartered Targeting Institutional Clients in Britain & Europe for its Crypto Exchange first appeared on BitcoinExchangeGuide.
2021-6-3 17:57 | |
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A June 2 report by Reuters revealed that a StanChart PLC unit is looking to establish a crypto brokerage and exchange platform in Britain and Europe. The new exchange will target institutional clients.
2021-6-3 21:00 | |
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Meanwhile, Britain's financial services minister said the focus is on regulating stablecoins, and intervention in the wider crypto markets is “less immediately pressing.” The post UK Tax Authority, HM Revenue and Customs (HMRC), Updates Guidance on Crypto Taxation first appeared on BitcoinExchangeGuide.
2021-4-1 19:30 | |
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Britain’s Financial Conduct Authority (FCA) says younger people seeking thrills are turning to high-risk crypto assets and foreign exchange though most of them are unable to absorb big losses. The FCA shared the findings of its latest research that showed that new, younger, and more diverse groups of customers are getting involved in high-risk investments.
2021-3-24 20:00 | |
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Britain?s leading cryptocurrency mining firm reports a 30 percent increase in Bitcoin holdings
2020-12-5 21:09 | |
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The firm became Britain's first FCA-approved crypto hedge fund last July.
2020-7-24 18:33 | |
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The UK’s financial regulator has warned crypto investors and traders that Bitcoin Evolution isn’t authorized to operate in Britain. They’ve said that the service could be a scam. Unauthorized Firms Shouldn’t Do Business in UK, FCA Says The UK Financial Conduct Authority (FCA) accused Bitcoin Evolution, which provides a crypto trading application, of operating on the British territory without being authorized by the regulator.
2020-3-17 23:50 | |
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As cyber crimes evolve, Britain’s tax agency pursues new tech to combat growing tax evasion using crypto
2020-1-21 04:00 | |
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The United Kingdom was recently announced has having the most crypto users in Europe, but buying and selling Bitcoin is by no means an easy feat for its citizens. To help out, here are 3 of the best places to buy Bitcoin in Britain.
2019-11-20 13:00 | |
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Her Majesty’s Revenue and Customs (HMRC) has updated its guidelines on the taxation of transactions involving crypto assets. The United Kingdom’s tax authority clarifies its stance on cryptocurrencies and explains which taxes apply to specific activities carried out by business entities and private individuals.
2019-11-5 01:00 | |
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Britain’s foremost financial watchdog, the Financial Conduct Authority, is contemplating a blanket-ban on cryptocurrency derivatives for retail traders as early as 2020, The Economist reported. The meeting comes on the heels of a statement released in early July by the FCA proposing a ban on crypto derivatives—high-risk assets where “retail consumers might suffer harm from […] The post Why is the UK thinking of banning crypto derivatives? appeared first on CryptoSlate.
2019-10-4 12:02 | |
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The Financial Conduct Authority (FCA), Britain’s top financial regulator, has just concluded a consultation on crypto asset derivatives products. It believes that amateur traders using the products have little awareness of the risks involved.
2019-10-4 01:00 | |
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Britain’s financial watchdog has warned investors that they have no regulatory protections to turn to when they buy or sell cryptocurrencies. According to the Financial Conduct Authority, the UK’s Financial Services Compensation Scheme does not cover cryptocurrencies such as Bitcoin and Ethereum.
2019-7-31 16:46 | |
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Cryptocurrencies such as Bitcoin can play a significant role in reshaping and reinvigorating the UK's financial services sector post-Brexit, according to the founder and CEO of one of the world’s largest financial advisory organisations, Cointelegraph reports.
2019-7-10 22:46 | |
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Britain should not miss the chance to get ahead of E.U. on crypto after Brexit, says deVere
2019-7-9 13:33 | |
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The Financial Condict Authority considers investments based on digital assets as too volatile and risky for small-scale investors.
2019-7-4 16:20 | |
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Bitcoin is once again soaring. Cryptonaughts rejoiced as the price went beyond $13,850 in the past several hours. Where might it go from here? Anything is possible. Brexit, Uncertainty, and Doubt: What’s Next for Crypto? The powers that be are predicting a no-deal Brexit for Britain, which means the country will be entering entirely new […] The post Bitcoin Price Clips $13,850 – Should We Thank Brexit? appeared first on CCN Markets
2019-6-27 23:20 | |
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The U. K. ’s Financial Conduct Authority (FCA), one of the most important financial regulators in the country, has decided to warn the local investors against a new company called CFDPremium, which is targeting U.
2019-6-1 00:55 | |
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By CCN: Ben Delo, bitcoin billionaire and co-founder of crypto trading platform BitMEX, has pledged the majority of his wealth to Giving Pledge, the philanthropic organization set up by Bill Gates, Melinda Gates, and Warren Buffet.
2019-5-28 16:48 | |
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By CCN. com: Simon Goldring, a lawyer, and partner at British firm McDermott Will & Emery, wrote a piece in The National Law Review this week talking about the function of cryptocurrencies as an inheritance.
2019-5-5 11:12 | |
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On April 24, 2019, Japanese crypto and blockchain company bitFlyer released the results of a study assessing public confidence in crypto assets of 10,000 people across 10 European nations.
2019-4-25 21:25 | |
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An absurd farce with the exit of the UK from the EC will never finished as it seems now. United Kingdom realized its monstrous losses from Brexit. The authorities are procrastinating and looking for opportunities to stay in EC and don’t care about the will of their citizens.
2019-4-12 01:28 | |
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Huge crowds have descended on the streets of London with hundreds of thousands expected on an historic day as Britain, Europe, and the world, stand at a cross road. JK... The post Massive Crowds March For a People’s Vote on Brexit, What Would an Article 50 Revoke Mean for Crypto Blockchain? appeared first on Trustnodes.
2019-3-23 17:27 | |
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The Radianz Cloud is based in Britain, and they described themselves in a recent press release as “one of the world’s largest, secure networked financial cloud communities. ” The community is made up of various exchanges, institutions, brokers, and clearing/settlement houses.
2019-2-28 02:10 | |
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Britain’s financial regulator is seeking to clarify which cryptocurrency activities need to be officially authorized. The regulator is specifically cautioning that it may ban the sale of crypto derivatives such as CFDs later this year.
2019-1-24 19:40 | |
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Cryptocurrency investors based in Europe and Britain now have a new platform where they can invest in digital assets using their respective fiat currencies. Binance has recently launched a new platform called Binance Jersey which allows users to buy cryptocurrencies with Euros and British Pounds.
2019-1-17 20:59 | |
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Cryptocurrency payroll service Bitwage has partnered with Texas-based payroll and Human Relations firm Simply Efficient HR to help companies fund W2 Employees and payroll tax payments using crypto.
2019-1-16 05:22 | |
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The UK Treasury presented a report on the department's work over the past two years, highlighting the risks associated with crypto.
A report released by the U.K.'s All Party Parliamentary Group on crypto and digital assets urges the government to carefully consider the introduction of a CBDC, or "digital pound."
Coinspeaker UK Government Suspends Plans to Launch State-Owned NFT In a statement about reasons for the halt of NFT plans, Chair of the Treasury Select Committee Harriet Baldwin cited the uncertainty across the cryptocurrency sector.
U.K. Chancellor of the Exchequer Nadhim Zahawi laid out plans in the Financial Services and Markets bill to regulate stablecoins. The post New UK Treasury Minister Proposes New Regulations for Stablecoins appeared first on BeInCrypto.