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“#Europe, UK hit Facebook with formal antitrust investigations” Regulators in Europe and the United Kingdom on Friday announced they have launched formal competition investigations into Facebook in a two-front offensive on the social media giant’s use of data to dominate markets. The UK’s Competition and Markets Authority said it’s investigating whether Facebook is “abusing a…
“# 51 crypto firms withdraw licensing applications in the UK ” Strict Anti-Money Laundering laws in the United Kingdom appear to be constituting a major operational hurdle for crypto firms in the country. According to the U.K. Financial Conduct Authority (FCA), several crypto businesses in the country might be preparing for an exit. In a…
“# UK FCA buys another 9 months to review crypto companies’ registrations ” The United Kingdom’s Financial Conduct Authority (FCA) has extended the end date of crypto-asset companies’ temporary registration from July 2021 to March 2022. The Temporary Registrations Regime, or TRR, was established last year to enable crypto businesses to continue trading while their…
“# Popular Bitcoin ETP set to debut in UK ” Cryptocurrency investment manager ETC Group is expanding its Bitcoin (BTC) exchange-traded product offering in the United Kingdom after harnessing Swiss market rules to bypass more stringent British regulations. The ETC Group Physical Bitcoin ETP, which trades under the ticker symbol BTCE, will begin trading on…
“# UK Starling bank to resume crypto exchange deposits in late June ” Starling, a United Kingdom-based online bank, is preparing to resume payments to cryptocurrency exchanges after suspending crypto exchange deposits last week. A spokesperson for Starling told Cointelegraph on Tuesday that the bank is set to restart payments to crypto exchanges on June…
“#Boris Johnson marries Carrie Symonds in secret ceremony” Britain’s leader is no longer a bachelor. UK Prime Minister Boris Johnson tied the knot with fiancée Carrie Symonds in a hush-hush ceremony on Saturday, according to local reports. The secret nuptials were held at Westminster Cathedral in London, in front of family and friends, said UK…
“#UK billionaire’s daughter-in-law questioned in death of Belize official” The American daughter-in-law of a British billionaire was being held in custody in Belize on Friday in connection with the death of a high-ranking local police official, according to reports. Jasmine Hartin, who is married to the son of businessman Lord Michael Ashcroft, was socializing with…
“# Crypto firms not meeting AML standards, says UK minister ” Cryptocurrency businesses in the United Kingdom have been struggling to meet Anti-Money Laundering standards set by the Financial Conduct Authority, according to a senior official. John Glen, a member of U.K. parliament and the Economic Secretary to the Treasury, pointed out major difficulties in…
“# Worst UK bank for dealing with scams issues crypto scam alert ” The U.K bank with the worst record for dealing with scam complaints has issued a cryptocurrency scam alert. NatWest, which was rated as the worst U.K bank for accurately discerning legitimate fraud complaints in 2020, sent the warning to users of its…
“#UK mass surveillance unlawful under European rules, court says” LONDON — Europe’s top human rights court ruled Tuesday that British mass surveillance and intelligence-gathering practices breached human rights laws, in a partial victory for civil rights groups that had challenged the practices exposed by former National Security Agency contractor Edward Snowden. The Grand Chamber of…