United Kingdom | ForkLog

ForkLog 5 01.02.2023

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'.

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ForkLog 12 30.01.2023

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.

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ForkLog 5 18.01.2023

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.

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ForkLog 8 17.01.2023

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.

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ForkLog 8 23.12.2022

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.

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ForkLog 6 20.12.2022

Boris Johnson’s brother quits Binance amid crypto-market turmoil

Former Universities and Science Minister Joseph Johnson resigned from his role as an adviser to Binance-backed payments company Bifinity.

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ForkLog 7 12.12.2022

MoonPay secures UK regulator approval

The UK Financial Conduct Authority (FCA) has added MoonPay, an infrastructure provider, to the register of registered cryptocurrency companies. The regulator's website carries the information.

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ForkLog 7 06.12.2022

UK to unveil new rules for crypto firms

The UK government will publish new rules governing the digital-asset industry, affecting the sales and marketing of products, according to Financial Times sources.

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ForkLog 6 25.11.2022

British Starling Bank to curb customers’ crypto activity

The UK-based Starling Bank has banned cryptocurrency purchases via payment cards and imposed further restrictions on transfers related to digital assets.

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ForkLog 8 25.11.2022

More than 100 people arrested in the UK following analysis of Bitcoin transactions

London police shut down the iSpoof fraud site and arrested more than a hundred people connected to its operation after examining cryptocurrency transactions.

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ForkLog 4 25.11.2022

UK to criminalize deepfake porn

The UK government will consider a bill banning the distribution of explicit material and deepfake pornography without the consent of those depicted.

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ForkLog 9 21.11.2022

Bank of England flags risks in the DeFi sector

Decentralized protocols have yet to provide an effective way to manage risk. That was stated by the Bank of England's deputy governor, John Cunliffe.

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