Tag: UK

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Coinbase Secures FCA Approval as Registered Crypto Provider

Coinbase receives UK FCA approval, extending its European market reach. The exchange plans to expand its worldwide cryptocurrency presence by focusing on Southeast...

UK Treasury Approves Crypto Staking Without Oversight

Crypto staking has been defined as a blockchain validation method. Beginning in January 2025, new rules clarify UK cryptocurrency restrictions. The United Kingdom's Treasury...

UK’s NCA Unveils Billion Dollar Crypto Laundering Scheme

The NCA disrupted global money laundering networks and arrested 84 people. Blockchain traceability is critical in discovering illegal operations. Amongst a major find, dismantling...

U.K. Pension Giant L&G Targets Crypto Tokenization Market

L&G, like other financial titans, intends to enter the blockchain tokenization space. Tokenization could improve efficiency and enhance investor access. Legal & General (L&G),...

London Resident Denies Charges of Operating Illegal Crypto ATMs

 London man denies charges of operating illegal cryptocurrency ATMs and laundering £300,000, as FCA continues crackdown on unlicensed operators. A London resident has denied allegations...

UK Court Convicts Osunkoya for Operating Illegal Crypto ATMs

Olumide Osunkoya has pleaded guilty to multiple offences related to running an unregistered cryptocurrency ATM network across the United Kingdom. This case, heard at...

CEX.IO Resumes UK Operations After 10-Month FCA Compliance Suspension

CEX.IO restarts UK operations and provides access to 190 digital assets following FCA compliance. The UK's position as a worldwide digital hub is...

Nexo Reopens UK Operations with Enhanced Compliance and Client Education

Nexo's new onboarding process follows FCA requirements, improving user risk awareness. The platform's 10-month halt allowed for a full modify to meet UK...

UK Authorities Intensify Crackdown on Illegal Bitcoin ATM Operations

Rahman's case is the UK's first prosecution for operating unauthorized Bitcoin ATMs. Lack of defined digital asset legislation exposes consumers to considerable dangers. In...

Bitcoin Surges as Number of COVID-19 Cases Abroad Drop

Bitcoin has once again shot past the $7,000 mark. At the time of writing, the world’s top cryptocurrency by market cap has surged more...

UK Needs to Take Lead on Crypto to Stay Ahead of Curve, Says eToro’s Iqbal Gandham

The U.K. needs to take the lead in "fostering innovation" in the crypto space, according to the chair of CryptoUK, who suggested Bitcoin has...

Coinbase Opens Office in Dublin to Serve the European Market

The leading cryptocurrency exchange, Coinbase, has announced the opening of its new office in Dublin, the Irish capital city. Firm Starts European Operations Coinbase, the U.S.-based...