United Kingdom | ForkLog

ForkLog 8 29.11.2021

UK to apply 2% digital services tax to bitcoin exchanges

The United Kingdom's HM Revenue & Customs (HMRC) has required licensed cryptocurrency exchanges to pay the digital services tax at 2%. Platform users may face higher fees, CryptoUK, the self-regulatory body, warned The Telegraph reports.

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ForkLog 5 26.11.2021

Britain proposes integrating smart contracts into the legal framework

The existing regulatory framework of England and Wales will not require significant changes to enable the enforcement of smart contracts. That conclusion was reached by the Independent Legal Commission established by the British Parliament.

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ForkLog 18 23.11.2021

UK authorities expect ARM to list on the London Stock Exchange instead of merging with Nvidia

A number of British ministers believe that the sale of ARM, Nvidia's chip designer, is unlikely to go ahead and welcome its return to the London stock market.

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ForkLog 6 22.11.2021

UK regulator eyes blockchain-analytics tools

The UK's Financial Conduct Authority (FCA) has announced a tender among firms specialising in blockchain analytics. The contract is worth £500,000 ($672,000).

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ForkLog 8 20.11.2021

Media: Kraken to halt Monero trading in the United Kingdom

A Reddit user published an alleged text of a letter from the Kraken cryptocurrency exchange, stating that access to trading Monero (XMR) would be closed in the United Kingdom.

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ForkLog 11 19.11.2021

UK regulator opens probe into Floki Inu advertising campaign

The UK Advertising Standards Authority (ASA) has opened an investigation into the marketing campaign for the meme cryptocurrency Floki Inu. The regulator is examining the legality of promoting such products on public transport networks.

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ForkLog 13 16.11.2021

Kraken’s UK unit secures FCA licence

Kraken's UK subsidiary Crypto Facilities has received FCA approval to operate in the country. The Block reports.

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ForkLog 8 11.11.2021

Bank of England to hold public consultations on digital pound in 2022

The UK Treasury and the Bank of England announced public consultations in 2022 on the launch of the digital pound.

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ForkLog 19 03.11.2021

UK court orders confiscation of more than £490,000 in Bitcoin from former Silk Road administrator

A court in the United Kingdom ordered the confiscation from the former administrator of the darknet marketplace Silk Road of £493,550 (about $673,000 at the time of writing) in Bitcoin.

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ForkLog 14 27.10.2021

Floki Inu meme token advertises on London’s public transport

The Floki Inu token, named after Elon Musk's dog, has launched an advertising campaign across London's public transport network.

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ForkLog 15 27.10.2021

British police seize bitcoins from teenager worth £2 million ($2.7 million)

A 17-year-old resident of Lincolnshire has been found guilty of fraud and money laundering of cryptocurrency totaling £2 million ($2.7 million).

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ForkLog 14 27.10.2021

Scottish schools suspend facial-recognition payments after ICO intervention

Nine schools in North Ayrshire (Scotland) suspended the use of a facial-recognition system for paying meals in canteens after intervention by the UK\'s Information Commissioner\'s Office.

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