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
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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
Bitget relaunches UK platform after compliance update with FCA rules
Bitget’s app relaunch in the UK comes a few months after the exchange restricted its website in the UK in accordance with the Financial Promotions regime in May 2024. Go to Source
UK-based pension scheme makes 3% Bitcoin allocation
Cartwright reported that an “unnamed scheme” based in the UK had made a 3% allocation of Bitcoin into its pension fund. Go to Source
UK crypto rules unclear for firms avoiding Europe’s MiCA regulation
While some industry execs believe that MiCA could trigger a shift from the EU to the UK, others question the UK’s unclear crypto regulations. Go to Source
UK crypto ATM operator pleads guilty to fraud, money laundering charges
Olumide Osunkoy faces prosecution on multiple charges related to the operation of crypto ATMs across the UK. He could spend up to 26 years in jail if convicted of all charges. Go to Source
Telegram Wallet temporarily blocked for UK users due to restructuring
Telegram users in the United States are also restricted from using the platform’s in-app wallet due to financial regulations. Go to Source
FBI Warns of Growing $55 Billion Business Email Scam
The Federal Bureau of Investigation (FBI) has warned of a rising business email compromise (BEC) threat, responsible for $55 billion in global losses over a decade. The scam has affected all 50 U.S. states and 186 countries, with funds frequently routed through banks in the United Kingdom, Hong Kong, China, Mexico, and the United Arab … Read more