Bloomberg: HSBC and Nationwide curb customers’ crypto purchases
The Nationwide Building Society holding company and the United Kingdom's largest bank HSBC have imposed restrictions on purchasing cryptocurrency via payment cards. Bloomberg reports.
Bloomberg: HSBC and Nationwide curb customers’ crypto purchases
The Nationwide Building Society holding company and the United Kingdom's largest bank HSBC have imposed restrictions on purchasing cryptocurrency via payment cards. Bloomberg reports.
Trickbot botnet sanctioned by the United States and the United Kingdom
Authorities in the United States and the United Kingdom have imposed sanctions on seven individuals tied to the Russia-based cybercriminal group Trickbot.
British authorities raid Bitcoin ATMs
West Yorkshire Police and the UK’s Financial Conduct Authority (FCA) conducted raids on several businesses in the Leeds area. It is believed the companies illegally installed cryptocurrency ATMs, The Guardian reports.
UK Chancellor Jeremy Hunt says digital pound could launch after 2025
The launch of a national digital currency (CBDC) is possible this decade, but not before 2025, UK Treasury chief Jeremy Hunt said, the BBC reports.
British regulator threatens imprisonment for unauthorized crypto advertising
Crypto-related companies should take into account the new restrictions on promoting financial products, with offenders facing up to two years in prison, according to an FCA statement.
UK Treasury unveils plans to regulate crypto exchanges
The UK Treasury published a consultative report on implementing oversight of cryptocurrency exchanges and lending platforms with a view to upholding 'fair and reliable standards'.
UK regulator to investigate Effective Ventures Foundation after FTX collapse
The Charity Commission for England and Wales has initiated an investigation into the Effective Ventures Foundation. The organisation was supported by the FTX Foundation, according to a press release.
BoE chief questions the case for a digital pound
The UK authorities must 'clearly understand' what problems the national digital currency (CBDC) will address before starting its development. This view was expressed by Bank of England Governor Andrew Bailey, Reuters reports.
Four Britons jailed for laundering $26m worth of cryptocurrency
The Crown Court in Preston handed down sentences to four individuals for fraud and money laundering of cryptocurrency worth about $26 million from one of the Australian exchanges.
Bank of England calls for regulation of cryptocurrencies ‘before problems arise’
Cryptocurrencies are increasingly integrated into the traditional financial system, so a regulatory framework is needed before the emergence of 'systemic problems'. This was stated by Bank of England Deputy Governor John Cunliffe in an interview with Sky News.We use cookies to improve the quality of our service.
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