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Crypto ATM arrests in London come as US states like Wisconsin move to limit daily transactions and mandate fraud warnings. Seven crypto ATMs were seized and two people were arrested in southwest London on Thursday on suspicion of money laundering and operating an illegal cryptocurrency exchange. The operation was led by the UK Financial Conduct…
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, Republicans suffered their first setback in Congress on crypto legislation, Bitcoin-powered darknet marketplace Abacus Market has gone offline amid suspected law enforcement pressure, and…
Bank of England governor Andrew Bailey joins a growing list of European officials concerned with the rise of stablecoins. Bank of England (BOE) governor Andrew Bailey recently warned against banks issuing stablecoins, saying that the Bank of England should focus on tokenizing deposits instead. Stablecoins introduce systemic risks to banking institutions that could destabilize the…
Thousands of savers face potential losses after a $2.7 million shortfall was discovered at Ziglu, a British crypto fintech that entered special administration. Thousands of savers face the grim prospect of losing their investments after administrators uncovered a 2 million pounds ($2.7 million) shortfall at Ziglu, a British cryptocurrency fintech that collapsed earlier this year….
A new OMFIF blog warns the UK is losing its early advantage in digital asset regulation, as the EU enforces MiCA and the US advances with the Genius Act. The UK’s unclear regulatory stance on digital assets is drawing sharp criticism from market participants, with some citing “policy procrastination” as a key reason the country…
The party leader leaned into pro-crypto talking points at the Bitcoin 2025 conference, announcing plans to introduce a digital asset bill if Reform UK wins in the next election. The leader of the Reform UK political party, Nigel Farage, announced that the group is accepting Bitcoin and other cryptocurrency contributions from eligible donors. Speaking at…
The U.K. government has lost its bid to keep secret the details of a surveillance order it brought against Apple, according to a newly released decision by the U.K. surveillance powers’ court. The decision, posted on Monday by the Investigatory Powers Tribunal in London, means that parts of the legal case will be held in…
Blockchain and tech trade associations want UK Prime Minister Keir Starmer’s office to follow the US and appoint a special envoy dedicated to crypto. Several British trade associations have asked Prime Minister Keir Starmer’s office to appoint a special envoy dedicated to crypto and for a dedicated action plan for digital assets and blockchain technology….
A group of bipartisan U.S. lawmakers are urging the head of the U.K.’s surveillance court to hold an open hearing into Apple’s anticipated challenge of an alleged secret U.K. government legal demand. U.S. Senator Ron Wyden, along with four other federal lawmakers, said in a letter this week to the president of the U.K.’s Investigatory…
Government officials in the United Kingdom have reportedly secretly ordered Apple to build a backdoor that would give its authorities access to users’ encrypted iCloud data. The Washington Post reports that the demand was issued in January under the U.K.’s Investigatory Powers Act 2016, also known as the Snoopers’ Charter. Officials demanded “blanket” access to…