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UK Treasury Secretary Says No To National Bitcoin Reserve

[May 6 1:33 PM] Bitcoin Magazine UK Treasury Secretary Says No To National Bitcoin Reserve Speaking at the Financial Times Digital Asset Summit in London on Tuesday, Emma Reynolds, Economic Secretary to the Treasury, emphasized that while the UK aims to become a…

As the British embrace crypto, businesses must catch up to hold ground

[Jan 24 3:00 PM] Cryptocurrency goes mainstream in the UK. British businesses must introduce crypto solutions.

Illegal crypto ads prevail in UK despite FCA warning

[Jan 1 11:10 AM] Only 54% of the 1,702 alerts issued by the United Kingdom’s Financial Conduct Authority resulted in illegal crypto ads being taken down.

Barclays-backed Copper withdraws UK crypto license application

[Dec 20, 2024 9:57 AM] The UK FCA previously said that almost 90% of annual crypto license applications had failed as of September.

Craig Wright given suspended one-year sentence for contempt of court

[Dec 19, 2024 8:38 PM] A UK court ruled in March that Craig Wright was not Bitcoin creator Satoshi Nakamoto, but he continued to file lawsuits “based on asserted intellectual property rights.“

FCA warns UK citizens to avoid Solana-based memecoin

[Dec 17, 2024 8:45 AM] The UK Financial Conduct Authority said “Retardio” is not authorized to provide financial services in the country.

FCA issues warning, bans Pump.fun in the UK

[Dec 6, 2024 6:08 PM] The United Kingdom’s financial watchdog has blocked Pump.fun following a warning that the firm is not authorized in the country.

Ex-Binance employee sues UK exchange, alleging bribery: Report

[Nov 28, 2024 5:13 PM] Amrita Srivastava, who worked at Binance from 2022 to 2023, alleged reporting a bribe at the crypto exchange resulted in her dismissal.

Digital money lag threatens international security

[Nov 26, 2024 7:00 PM] Central banks face mounting pressure to innovate, or risk falling behind in the digital currency race, with implications for national security and financial stability.

United Kingdom to Introduce Regulation for Crypto in 2025

[Nov 22, 2024 7:30 PM] Stablecoins and staking services will be covered by the regulations which will provide clarity for the crypto sector in the United Kingdom. UK Looking to Attract Crypto Companies The United Kingdom (U.K.) plans to share a legislative framework to…

MoonPay boosts self-custodial crypto spending with new solution

[Nov 13, 2024 2:00 PM] MoonPay Balance will support deposits and withdrawals in euros and British pounds, with future plans to expand to the US.

Bitget relaunches UK platform after compliance update with FCA rules

[Nov 12, 2024 10:01 AM] Bitget’s app relaunch in the UK comes a few months after the exchange restricted its website in the UK in accordance with the Financial Promotions regime in May 2024.

UK-based pension scheme makes 3% Bitcoin allocation

[Nov 4, 2024 9:12 PM] Cartwright reported that an “unnamed scheme” based in the UK had made a 3% allocation of Bitcoin into its pension fund.

UK crypto rules unclear for firms avoiding Europe’s MiCA regulation

[Oct 23, 2024 2:24 PM] While some industry execs believe that MiCA could trigger a shift from the EU to the UK, others question the UK’s unclear crypto regulations.

UK crypto ATM operator pleads guilty to fraud, money laundering charges

[Sep 30, 2024 5:09 PM] Olumide Osunkoy faces prosecution on multiple charges related to the operation of crypto ATMs across the UK. He could spend up to 26 years in jail if convicted of all charges. 

Wallet in Telegram app temporarily blocked for UK users due to restructuring

[Sep 25, 2024 4:19 PM] Telegram users in the United States are also restricted from using the Wallet in Telegram app due to financial regulations.

UK finance regulator FCA a ‘deterrent’ to crypto industry, says CryptoUK

[Sep 16, 2024 2:00 PM] UK regulators have approved only four out of 35 crypto business registrations in the last 12 months, deterring others from engaging with the process.

FBI Warns of Growing $55 Billion Business Email Scam

[Sep 13, 2024 11:20 AM] The Federal Bureau of Investigation (FBI) has warned of a rising business email compromise (BEC) threat, responsible for $55 billion in global losses over a decade. The scam has affected all 50 U.S. states and 186 countries, with funds frequently…

UK gov’t introduces bill to clarify crypto’s legal status

[Sep 11, 2024 5:14 PM] The proposed legislation would create an additional property category under UK law, identifying digital assets as “things.”

UK risks quantum startup exodus after Labour slashes incentives

[Aug 22, 2024 4:29 PM] A study from August 2023 suggested there were more than 50 UK-based quantum technology startups.

Amazon faces UK merger probe over $4B Anthropic AI investment

[Aug 8, 2024 4:16 PM] Microsoft and OpenAI face similar scrutiny as Europe and the UK seek to identify the line between investment and acquisition.

UK-based tech startup could become Nvidia of quantum

[Aug 7, 2024 5:26 PM] Riverlane’s error-correction chips could do for quantum computing what Nvidia’s GPUs did for artificial intelligence.

US, UK accelerate quantum computing programs after China breakthrough

[Aug 1, 2024 5:10 PM] China’s room-temperature time crystals could radically affect the timeline for the arrival of useful quantum computers.

Can Bitcoin price break out after Bank of England interest rate cut?

[Aug 1, 2024 11:31 AM] This marks the bank’s first interest rate cut in over four years, with the last rate cut occurring in March 2020.

England’s Law Commission proposes new property category for crypto assets

[Jul 31, 2024 8:56 AM] The Law Commission’s final report advocates for legal reforms to better protect the unique features of digital assets.

Hacker gets 3.5 years prison for $900K Coinbase login scam: Report

[Jul 29, 2024 5:41 AM] A UK hacker faces prison for his Coinbase dummy website scam, an El Paso man’s alleged crypto “Ponzi” funded his lavish lifestyle, and Washington DFI flags the latest potential crypto fraud.

Coinbase UK fined $4.5 million for ‘high-risk’ customer onboarding

[Jul 25, 2024 5:41 AM] The $4.5 million fine could signal the start of more scrutiny for crypto exchanges in the region.

Craig Wright’s colleague tried to stop court case — He didn’t listen

[Jul 24, 2024 7:01 AM] Christen Ager-Hansen told Cointelegraph that he warned his former colleagues, including Craig Wright and financial backer Calvin Ayre, against going to court.

Will UK Labour gov’t follow Germany’s example and liquidate 61,245 BTC?

[Jul 19, 2024 9:37 AM] After 14 years, Labour is in control of the UK government. Chancellor of the Exchequer Rachel Reeves may have discretion to use the country’s Bitcoin holdings for the party’s goals.

King Charles lays out Labour gov’t plan for UK, with crypto unmentioned

[Jul 17, 2024 10:32 AM] During the State Opening of Parliament in May 2022, the UK government, led by Conservatives, introduced two bills concerning cryptocurrencies.