United Kingdom | ForkLog

ForkLog 7 11.07.2022

Bank of England calls for regulating cryptocurrencies in line with traditional markets

Cryptocurrencies should be regulated in line with traditional finance to reduce risks in the industry and boost investor confidence. This was stated by John Cunliffe, Deputy Governor of the Bank of England.

AI translated

ForkLog 4 07.07.2022

UK urged to permit token-based funds

The Investment Association, which represents asset managers, has proposed approving token-based funds. The Financial Times reports.

AI translated

ForkLog 7 05.07.2022

UK to examine taxation of crypto lending and DeFi staking

The UK authorities have invited the public to discuss the possibility of taxing staking and crypto lending within the context of decentralised finance.

AI translated

ForkLog 7 04.07.2022

Hackers breached British Army Twitter and YouTube accounts to promote crypto scam

Unknown attackers breached the British Army's Twitter and YouTube accounts and used them to promote a cryptocurrency-related scam. The Ministry of Defence confirmed the breach.

AI translated

ForkLog 5 29.06.2022

Santander reports 61% rise in celebrity-endorsed crypto scams

The number of celebrity-endorsed crypto scams in January–March rose 61% from Q4 2021, according to Santander analysts cited by Bloomberg.

AI translated

ForkLog 9 16.06.2022

UK government plans to turn the country into a global crypto hub

The UK Department for Digital, Culture, Media and Sport plans to turn the country and its capital London into a 'crypto hub'. This was announced by the head of the department, Chris Philp.

AI translated

uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 8 08.06.2022

Starling Bank chief warns that cryptocurrencies threaten payment systems

Digital currencies pose a threat to the security of the global payments infrastructure. This was stated by Starling Bank founder and CEO Anne Boden, according to CNBC.

AI translated

ForkLog 4 01.06.2022

UK proposes measures to guard against a stablecoin crash

Her Majesty's Treasury has published for public consultation a document introducing additional safeguards against the collapse of stablecoins.

AI translated

ForkLog 9 24.05.2022

UK fines Clearview AI £7.55m ($9.5m)

UK authorities fined the controversial startup Clearview AI £7.55 million ($9.5 million) for unlawfully extracting residents' face images from social media and the open internet.

AI translated

ForkLog 4 20.05.2022

FCA urged to take TerraUSD collapse into account in regulatory work

The UK's Financial Conduct Authority (FCA) should “take into account” the recent volatility in the cryptocurrency market as it works on the regulatory framework for the industry, said Sarah Pritchard, the agency's executive director, in an interview with Bloomberg.

AI translated

ForkLog 4 16.05.2022

British Treasury rules out legalising algorithmic stablecoins

The British Treasury will include regulation of stablecoins as a payment mechanism in the Financial Services and Markets Bill, The Telegraph reports.

AI translated

ForkLog 7 22.04.2022

UK regulator boosts budget by £24m amid crypto-related risks

The Bank of England's Prudential Regulation Authority (PRA) has increased its budget for the coming financial year. The extra resources will be used to address risks related to digital assets.

AI translated

#United Kingdom