Pavel Durov warns of the ‘imminent demise’ of the free internet
We are approaching a “dark, dystopian world” in which governments are stripping users of privacy, Pavel Durov said.
Pavel Durov warns of the ‘imminent demise’ of the free internet
We are approaching a “dark, dystopian world” in which governments are stripping users of privacy, Pavel Durov said.
UK Plans to Introduce Digital Identity System
The British government has announced the introduction of a national digital identity system. However, the initiative has been met with public disapproval, gathering over 2.7 million signatures for a petition.
Greenidge Sells Mississippi Mining Facility Amid Financial Struggles
Greenidge Generation has sold its Bitcoin mining centre in Mississippi for $3.9 million, merely a year after its launch. This was disclosed in a filing with the SEC. The buyer is U.S. Digital Mining Mississippi, an entity linked to the publicly traded mining firm LM Funding America. The deal excludes the equipment and warehouse located […]
Briton Tokenizes Rights to 7,500 BTC from Hard Drive in Landfill
On August 4, reports emerged that James Howells had halted his operation to locate a hard drive containing 7,500 BTC. However, he refuted these rumors and announced the issuance of a token to secure his legal rights to the lost assets. But I am done asking permission. So I’m tokenizing the entire wallet — 8,000 […]
OpenAI to help Britain bid for AI superpower status
Britain and OpenAI have struck a strategic partnership to deepen collaboration on AI safety research and explore potential investment in the country’s infrastructure, Reuters reports. “AI will be a key driver of the changes we need to make across the country—whether reforming the National Health Service, removing barriers to opportunity or boosting economic growth,” said […]
Standard Chartered Initiates Bitcoin and Ethereum Trading
Standard Chartered Bank has permitted institutional clients to trade Bitcoin and Ethereum, as stated in a press release.
UK to Impose Fines for Concealing Crypto Asset Information
Starting January 1, 2026, the UK’s tax authority will begin monitoring information about crypto asset owners for tax calculation and assessment. This is outlined in the updated guidance from the regulator. The agency categorizes crypto assets as: exchange tokens, including Bitcoin; non-fungible tokens (NFTs); utility tokens; stablecoins; tokenized real-world assets. Tax calculations may also apply […]
Barclays to Ban Cryptocurrency Purchases for Clients
From June 27, Barclays, one of the largest banks in the United Kingdom, will block cryptocurrency transactions for its clients using their cards. This is stated on the institution’s website. The decision was explained by the risks associated with the volatility of digital assets. The bank stated that the decline in cryptocurrency prices could lead […]
Elton John Criticises UK’s AI Development Plan
British musician Elton John has labelled the proposed changes to copyright laws in the context of AI in the UK as “criminal” and accused officials of “stealing” from artists. “The danger is that young artists do not have the resources to continue checking and fighting against big tech. It’s criminal, and I feel incredibly betrayed,” […]
BSV Investors Renew Compensation Demands Over Delisting
A group of Bitcoin SV investors, stemming from the Bitcoin Cash hard fork, intends to continue legal proceedings against Binance following the coin’s delisting in 2019. The coin was removed as part of a routine “re-evaluation” of listed assets. The delisting was announced amid criticism of BSV’s creator, Craig Wright, who had declared himself to […]
Britain Rejects the Idea of a National Bitcoin Reserve
The UK Treasury has no plans to establish a national reserve of digital assets. This was stated by the Economic Secretary to the Treasury, Emma Reynolds, at the FT Digital Asset Summit, reports Decrypt. According to her, the UK does not intend to adopt the US approach. The official noted that such a strategy is […]
UK Unveils Draft Regulations for Cryptocurrency Industry
The UK government has released consultation documents for proposed legislation targeting the cryptocurrency industry. These documents aim to establish a regulatory framework for activities such as exchanges and the issuance of stablecoins. The authorities also plan to introduce new requirements for market entry and information disclosure in the digital asset sector. The draft legislation is […]We use cookies to improve the quality of our service.
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