Tag: UK

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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...

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...

First Pound-Backed Stable Coin Announced by UK Start-Up

London Blockchain Exchange (LBX), a UK based blockchain start-up, has announced plans to launch a cryptocurrency pegged to the Pound. LBXPeg, the First Pound Backed...

Winklevoss Twins Eyeing Expansion to the UK

The popular Bitcoin advocates, Tyler and Cameron Winklevoss, are reportedly eyeing potential expansion of their New York-based cryptocurrency exchange to the United Kingdom. Competing...

UK Officials Are No Closer to Regulating Bitcoin After Six Months of Research

Determining the regulatory fate of cryptocurrencies is complicated. In the UK, the government is still struggling to make any decisions in this regard. The...

UK’s FCA Issues Warning on Two Bitcoin Dealers

The UK's Financial Conduct Authority has issued warnings on two Bitcoin dealers over a lack of licensing. While cryptocurrency enthusiasts love its decentralized nature, governments...

Crypto Platform Wirex Becomes Third Company to Receive E-Money License from the FCA

Wirex, a London-based global crypto and fiat platform, has revealed that it's been granted an e-money license from the U.K.'s Financial Conduct Authority (FCA),...

Cybercrime Center in UK Urges Crypto Enthusiasts to Beware of Fraud

Even though the price of Bitcoin is nowhere near it’s December 2017 numbers, interest in the crypto industry is still high, for both fans...

UK Positioned to Lead the Crypto Economy According to a New Report

A new report revealed that the United Kingdom is very well-positioned to become a leader in the field of blockchain-based technology and the cryptocurrency...

Broken Switch Leads to over 5 Million Failed Visa Transactions

Irony abounds as anti-cryptocurrency Visa admitted to the fact that over 5 million transactions failed in early June due to a backup data center...

Supposed Bitcoin ‘Millionaire’ Fined for Taunting Cops and Firefighters

A man in the UK was fined by the court for mocking firefighters as they fought a hotel fire and cops while proclaiming himself...

ClearBank Brings Faster Payments Service to the London Block Exchange

Traditional financial services play an important role in the cryptocurrency world. Especially for exchanges, a reliable banking partner makes a big difference. One exchange...