GBP follows euro: The pound-dollar rate hits all-time low
Reaching 1 GBP = $1.04, the pound has crash-landed, marking a record low against the U.S. dollar following the new prime minister’s budget announcements. Go to Source Powered by WPeMatico
United Kingdom
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UK gov’t introduces bill aimed at empowering authorities’ to ‘seize, freeze and recover’ crypto
King Charles announced the bill in May to both houses of the U.K. Parliament, saying it was aimed at tackling illicit finance, reducing economic crime and helping businesses grow. Go to Source Powered by WPeMatico
Raising a glass to Satoshi’s Place and the challenge of running Bitcoin businesses
A Bitcoin-themed bar and education center has popped up in Northern England —Cointelegraph swung by to interview the founder and raise a glass. Go to Source Powered by WPeMatico
British regulator lists FTX crypto exchange as ‘unauthorized’ firm
The Financial Conduct Authority claims that the company “may be providing financial services or products without authorization.” Go to Source Powered by WPeMatico
ePayments shutters as FCA anti-money laundering regulations tightens
The electronic payment provider is permanently closing operations due to the inability to satisfactorily meet the standards of the FCA after suspending operations for three years. Go to Source Powered by WPeMatico
Law Decoded, Sept. 5–12: The pressure is growing in the US
Last week regulators worried about the “de-integration” of financial sector and global energy consumption — all because of crypto. Go to Source Powered by WPeMatico
Huobi wins license in the British Virgin Islands, no timeline for the UK yet
Huobi positions its subsidiary Brtuomi Worldwide as one of the first exchanges to provide compliant crypto derivatives and trading services in the British Overseas Territory. Go to Source Powered by WPeMatico
Bitcoin on the streets: the trick to onboarding UK merchants into BTC
Tips, tricks and tribulations from the grassroots mission of two Bitcoiners who spent a day trying to “orange pill” merchants in a U.K. town. Go to Source Powered by WPeMatico
UK economic secretary commits to make country a crypto hub under new PM
“We want to become the country of choice for those looking to create, innovate and build in the crypto space,” said MP Richard Fuller. Go to Source Powered by WPeMatico
UK advertising watchdog cites 2 former reality stars for crypto ads on Instagram stories
The ASA said the Gale twins could not post the crypto ads “in the form complained about” again, but did not bar them from promoting digital assets in future advertisements. Go to Source Powered by WPeMatico
