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British Bank Natwest Implements New Limits on Cryptocurrency Payments to Combat UK Crypto Scams
15.3.2023
On March 14, 2023, the U.K.-based bank Natwest Group announced new limits on cryptocurrency payments, citing crypto scams that cost U.K. consumers £329 million annually. The limit imposed on crypto exchanges is £1,000 daily ($1,215), with a 30-day limit of £5,000 ($6,077). Natwest’s Cautious...
Multi-Billion Dollar Financial Services Firm Lloyds Looks to Hire a Digital Currency Expert
18.8.2021
Lloyds Banking Group, the British parent company of Lloyds Bank, is currently hiring a “digital currency [and] innovation senior manager,” according to a recent job listing posted to BYP Network. Lloyds is one of the largest financial services firms in the world with close to $500...
Crypto Industry Will Benefit From Tighter Regulation, Says Law Professor
28.6.2021
The chairman of International Banking Law and Finance at the University of Edinburgh, professor Emilios Avgouleas, says that tighter crypto regulation will benefit the industry in the long run. He is bullish about the prospects of cryptocurrencies becoming widely used around the world. Tight...
Scottish Music School Now Supports Crypto Payments for Tuition
31.3.2021
On March 28, the Scottish school in Edinburgh called the Morningside School of Music decided to accept cryptocurrency payments for tuition. Morningside’s director Linda Boyd said the school had noticed the trend of larger firms joining the crypto economy and it’s “just a matter...
Scotland’s Bitcoiners Share Canny Tales of ‘Buying the Dip’
31.1.2020
A meetup in Scotland afforded a forensic examination of bitcoin's rollercoaster cycle – with plenty of examples of the emotional trauma that accompanied the ride