Tag: UK

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Gambling

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...
Blockchain Technology

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),...
Bitcoin ATMs

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...
Bitcoin ATMs

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...
Bitcoin Mining

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...
DeFi

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...
Bitcoin ATMs

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...
Altcoin News

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...
Altcoin News

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...
Altcoin News

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...
Blockchain Technology

UK Telecom Regulator Receives Grant to Deploy Blockchain for Landline Number Management

Ofcom, the telecommunications regulatory authority of the UK, has received a grant of Pound 700K to explore the use of blockchain technology for management...
Altcoin News

UK Bitcoin Exchange Coinfloor Lays Off Half of Its Employees

These are very interesting times for Bitcoin exchanges. A lot of consumers and institutional traders want exposure to volatile cryptocurrencies. For Coinfloor, the oldest...
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