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Report: Silicon Valley Bank Under FDIC Auction as Calls for Bailout Grow

[Mar 12, 2023 12:30 PM] The U.S. Federal Deposit Insurance Corporation (FDIC) began an auction process for Silicon Valley Bank (SVB) late Saturday night, according to reports. Final bids are due by Sunday afternoon. Unnamed sources indicate that the FDIC is seeking to…

Crypto Exchanges Allow Russians to Circumvent Sanctions, Report Alleges

[Feb 25, 2023 11:00 PM] Major crypto exchanges have failed to prevent sanctioned Russian banks and traders from transacting, according to a blockchain forensics report. At least two established coin trading platforms continue to allow Russians to use their bank cards in…

UK Payments Company Wirex Becomes Visa Global Partner, Extends Crypto Card Program Reach to Over 40 Countries

[Feb 15, 2023 1:00 AM] Wirex, a London-based digital payments company, has announced it has become a global partner of Visa, to allow the company to bring its card services to more markets in the world. The new partnership means that Wirex will be able to offer its…

UK Court Rules Craig Wright Has No Copyright Claim On Bitcoin

[Feb 8, 2023 3:21 PM] The ruling is the latest in a string of court cases that have ended with a decision against Craig Wright.A United Kingdom court has ruled against Craig Wright, indicating that he has no copyright claim over Bitcoin’s code.According to the Tuesday…

UK blockchain carbon offset platform raises $45M in seed funding

[Feb 8, 2023 9:10 AM] Carbonplace says it will use the funds to scale its services and become the "SWIFT of carbon markets."

Bulgarian Businessman Loses Half a Million Dollars to Call Center Crypto Fraud

[Feb 6, 2023 4:00 AM] A Bulgarian investor has lost a large amount of money to fraudsters who convinced him he was putting cash into cryptocurrency. The scam operated through a call center in what is becoming an established scheme for extracting money from victims lured…

Britain Announces Plans for ‘Robust’ Crypto Rules, Launches Consultation

[Feb 1, 2023 4:00 PM] The U.K. has unveiled “ambitious plans” to “robustly regulate” various crypto activities, while seeking to protect customers and grow its economy. In the next three months, British authorities will accept public feedback on the new regulatory…

Hive Ransomware Network Dismantled by American, European Law Enforcement

[Jan 27, 2023 3:30 PM] Law enforcement authorities from over a dozen countries in Europe and North America have taken part in disrupting the activities of the Hive ransomware group, the U.S. Justice Department and Europol announced. Hive is believed to have targeted…

UK Treasury Considers Digital Pound, Maintains Crypto Hub Objective

[Jan 12, 2023 3:00 AM] The U.K. is mulling over launching a digital pound as it remains committed to becoming a cryptocurrency hub, a government representative has indicated. British authorities should also regulate payments with stablecoins, according to the official…

Disputed Venezuelan Gold Worth $1.8B in Bank of England Vaults Remains Uncertain After Dissolution of Interim Government

[Jan 2, 2023 7:00 AM] The status of the Venezuelan gold currently being held by the Bank of England might fall into regulatory limbo after the dissolution of the interim government of Juan Guaido. The 31 tons of gold have been the subject of dispute between the current…

Argentine Senate Mulls Crypto Advertisement Regulation

[Dec 28, 2022 7:30 AM] The Argentine senate is discussing a preliminary project that would regulate the way in which individuals and organizations promote crypto. The objective of the project, which is still under discussion, would be to educate consumers on the dangers…

FTX collapse calls for 'prudent regulation' in the UK

[Dec 26, 2022 4:43 AM] The United Kingdom is taking cautionary lessons from the collapse of FTX as calls for greater regulation come from public and private sector institutions.

FCA’s incoming chair calls for further crypto regulation

[Dec 15, 2022 3:35 AM] The new chair of the UK’s FCA makes condemnatory comments about cryptocurrencies ahead of his tenure in 2023.

Britain’s Bitcoiners Are A Ray Of Hope In Bitcoin No Man’s Land

[Nov 7, 2022 7:06 PM] At a new major annual conference, speakers and attendees point the way for the U.K. out of Bitcoin limbo.This is an opinion editorial by Bitcoms, a writer and British Bitcoiner.“I made the joke on stage that as far as Bitcoin goes, I…