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The Onecoin Debacle: Indictments Unsealed, 2 Dead in Mexico, Story Gets ‘Darker’
29.7.2020
The Onecoin fiasco is still making headlines these days as a number of alleged money laundering companies were exposed on July 25, two Onecoin leaders were recently killed in Mexico, and the British author Jamie Bartlett revealed a new “Missing Cryptoqueen” episode is coming soon....
‘Wonder Woman’ Illustrator and British Artist Terry Flaxton to Sell Ethereum-Backed Art
17.7.2020
The non-fungible token (NFT) and blockchain-backed collectible economy continue to see demand and the digital art market Makerplace has seen enormous growth recently. A number of well known artists have started to participate, as work from the acclaimed comic book illustrator Jose Delbo and...
European Digital Bank Revolut Expands Bitcoin Trading Services to 49 US States
16.7.2020
British digital bank Revolut said Wednesday that it will start offering its cryptocurrency trading services in the U.S. Users in 49 U.S. states, excluding Tennesee, can now buy and sell bitcoin (BTC) and ethereum (ETH) through the Revolut app, it said. They can also store their digital assets...
A ‘Significant Increase’: UK Regulator Says 2.6 Million Residents Have Bought Cryptocurrencies
2.7.2020
The UK’s top financial regulator has conducted a survey and found a “significant increase” in the number of crypto owners and awareness of cryptocurrencies. The regulator estimates that 2.6 million people in the country have bought cryptocurrencies, most of which were from non-UK...
Canadian Bitcoin Scam Expands to British Columbia
24.6.2020
Police in Burnaby have noted a surge in Bitcoin-related scams across Vancouver
British Money Printer Goes BRRR: Bank to Buy USD 125bn of Bonds
18.6.2020
The Bank of England – the UK’s central bank – has sent its money printers into full BRRR mode, agreeing to essentially create USD 125 billion worth of pound sterling as the coronavirus pandemic continues to disrupt the British economy.
Per the BBC, the bank’s nine-member governing council voted...
UK Government Seizes $185 Million From Dormant Bank Accounts for Crisis Relief
1.6.2020
The UK government is seizing funds in dormant bank accounts worth approximately $185 million to fund its coronavirus relief efforts. So far, 30 banks have been voluntarily transferring money from dormant accounts to the government, including HSBC, Barclays, Clydesdale, Credit Agricole, Danske...
British Payment Firm Checkout.com Joins the Libra Association
28.4.2020
The Libra Association reinforces its efforts to launch the network in Q4 2020, adds British payment startup Checkout.com as its 24th member
ICO Crackdown: 11 Class-Action Lawsuits Filed Against Cryptocurrency Companies
5.4.2020
A number of class-action lawsuits have been filed against various digital asset firms and exchanges on Friday. The U.S.-based “litigation boutique,” Roche Cyrulnik Freedman, filed the lawsuit for three plaintiffs in the Southern District of New York. All three lawsuits claim that...
PAX Gold Can Now Be Traded Against Swiss Franc and British Pound
20.3.2020
PAX Gold gets first-ever listing against the Swiss franc and the British pound on Switzerland-based exchange Smart Valor
British Financial Watchdog Approves BCB Group as Authorized Payment Firm
29.1.2020
BCB Group, a crypto-focused payment provider for the likes of major global crypto firms like Coinbase, is now officially approved by the FCA
British Court Freezes $860,000 in Bitcoin Linked to Ransomware Payout
28.1.2020
A U.K. court has ordered Bitfinex to freeze nearly $1 million in bitcoin after the crypto exchange and blockchain sleuthing firm Chainalysis traced the funds to a ransomware payment
Vodafone Becomes 8th Company to Exit Libra Association
22.1.2020
After a spate of big names parting ways with the Libra Association late last year such as Paypal, Visa, Mastercard, and Ebay, British telecommunications giant Vodafone has become the latest to bid the ambitious digital asset project farewell. While Vodafone’s statement notes it does not rule...
British Telecoms Giant Latest Member to Bail on Libra Association
21.1.2020
British telecom Vodafone will depart from Libra Association, Libra and Vodafone confirm
British Virgin Island announces a USbacked digital currency
4.12.2019
CoinMarketCap Daily Newsletter Your daily newsletter for 4 December, 2019 “There's only one corner of the universe you can be certain of improving, and that's your own self.” - Aldous Huxley In today's newsletter, we will be covering: Ethereum's proposed hard […]
The post British Virgin...
British Virgin Island announces a USbacked digital currency
4.12.2019
CoinMarketCap Daily Newsletter Your daily newsletter for 4 December, 2019 “There's only one corner of the universe you can be certain of improving, and that's your own self.” - Aldous Huxley In today's newsletter, we will be covering: Ethereum's proposed hard […]
The post British Virgin...
British Virgin Islands Announce US Dollar-Backed Digital Currency
3.12.2019
The British Virgin Islands announced that crypto firm LifeLabs is developing a U.S. dollar-backed stablecoin for the territory
Canadian Regulator Seizes Troubled Crypto Exchange
6.11.2019
The British Columbia Securities Commission has taken control of a cryptocurrency exchange which allegedly owes customers over $12 million. Einstein Exchange had planned to shut down amid complaints, lawsuits, and money laundering investigations. The Canadian regulator has also taken action against...
Britain’s Tax Authority Updates Crypto Guidelines
4.11.2019
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...
Bad Loans at Big British Banks Jump Over 50% in a Year
4.11.2019
Shaken by the never-ending saga around Brexit and the global slowdown, the British economy is now showing signs that point to an upcoming crisis. The U.K.’s biggest banks have been dealing with a growing number of loans companies are struggling to pay off. At the same time, low interest rates...