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” Crypto scammers abuse ‘lax’ UK company laws to fool victims: Report “ The United Kingdom is host to at least 168 companies accused of running fraudulent crypto or foreign exchange (forex) scams according to an independent analysis. A Jan. 29 joint investigation by media firms the Bureau of Investigative Journalism and the Observer suggested…
” UK native stablecoin integrates into 18,000 ATMs nationwide “ A partnership between Poundtoken and BitcoinPoint will make the country’s first 100% backed GBP stablecoin ($GBPT) accessible to retail consumers via a network of 18,000 ATMs across the United Kingdom. The move marks another step towards the U.K. becoming a “crypto hub” and is in…
” UK regulator investigates charity linked to FTX “ The commission in charge of regulating registered charities in England and Wales has announced it had begun investigating Effective Ventures Foundation, an organization tied to bankrupt crypto exchange FTX. In a Jan. 30 announcement, the Charity Commission said it had launched the inquiry due to FTX…
” UK Bitcoin community reacts to incoming CBDC and digital pound rollout “ The UK Government’s economic and finance ministry, HM Treasury, is recruiting for a Head of central bank digital currency (CBDC) to lead the development of a digital pound. The work is described as “Important, complex, and cross-cutting” and will “require extensive engagement…
” UK gov’t is hiring a central bank digital currency lead for Treasury team “ HM Treasury in the United Kingdom has begun calling for applicants to lead the central bank digital currency team behind efforts towards a digital pound. In a job posted to LinkedIn on Jan. 24, the U.K. Treasury called for a…
” British authorities split on banning sale of crypto investment products “ The policy decision-makers in the United Kingdom got split on whether the sale, marketing, and distribution of derivatives and exchange-traded notes (ETNs) tied with cryptocurrencies should be prohibited when it comes to retail investors. The Regulatory Policy Committee believes the measure, adopted in…
” UK MP says stablecoin is a gateway to CBDC, only crypto can ‘disrupt’ settlements “ The United Kingdom remains committed to becoming a world crypto industry hub in spite of the recent negative events that have occurred on the market. It is “the sector I have dedicated the most time to,” Member of Parliament…
” UK looks for a crypto crime fighter with a $50K salary “ The United Kingdom’s National Crime Agency (NCA) is taking measures to increase its focus on cryptocurrency crimes and combat criminals. NCA’s cyber-focused command, the National Cyber Crime Unit (NCCU), is launching a dedicated cryptocurrency unit to investigate U.K. cyber incidents involving the…
“Yoga instructor suffers horrific injuries in freak boat accident” A British yoga instructor said she is lucky to be alive after she was sliced open by a boat propeller while snorkeling in Mexico during a dream vacation with her husband. Amor Armitage, 37, said it is a “miracle” she survived the horrific accident on Dec….
” Crypto makes history in 2022: Five instances of governments embracing digital assets “ The year 2022 wasn’t the best one in terms of crypto reputation among regulators and policymakers. However, even amid the market breakdown and repetitive public attacks on the industry, some of the officials found the courage to embrace the innovation. Some…