As the British embrace crypto, businesses must catch up to hold ground
Cryptocurrency goes mainstream in the UK. British businesses must introduce crypto solutions. Go to Source
United Kingdom
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Illegal crypto ads prevail in UK despite FCA warning
Only 54% of the 1,702 alerts issued by the United Kingdom’s Financial Conduct Authority resulted in illegal crypto ads being taken down. Go to Source
Barclays-backed Copper withdraws UK crypto license application
The UK FCA previously said that almost 90% of annual crypto license applications had failed as of September. Go to Source
Craig Wright given suspended one-year sentence for contempt of court
A UK court ruled in March that Craig Wright was not Bitcoin creator Satoshi Nakamoto, but he continued to file lawsuits “based on asserted intellectual property rights.“ Go to Source
FCA warns UK citizens to avoid Solana-based memecoin
The UK Financial Conduct Authority said “Retardio” is not authorized to provide financial services in the country. Go to Source
FCA issues warning, bans Pump.fun in the UK
The United Kingdom’s financial watchdog has blocked Pump.fun following a warning that the firm is not authorized in the country. Go to Source
Ex-Binance employee sues UK exchange, alleging bribery: Report
Amrita Srivastava, who worked at Binance from 2022 to 2023, alleged reporting a bribe at the crypto exchange resulted in her dismissal. Go to Source
Digital money lag threatens international security
Central banks face mounting pressure to innovate, or risk falling behind in the digital currency race, with implications for national security and financial stability. Go to Source
United Kingdom to Introduce Regulation for Crypto in 2025
Stablecoins and staking services will be covered by the regulations which will provide clarity for the crypto sector in the United Kingdom. UK Looking to Attract Crypto Companies The United Kingdom (U.K.) plans to share a legislative framework to regulate the cryptocurrency industry early next year, as the U.K. attempts to keep up with crypto … Read more
MoonPay boosts self-custodial crypto spending with new solution
MoonPay Balance will support deposits and withdrawals in euros and British pounds, with future plans to expand to the US. Go to Source
