United Kingdom | ForkLog

ForkLog 16 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 15 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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ForkLog 13 26.10.2021

Media: Amazon sells AI to Britain’s security services for espionage

British intelligence agencies have signed a contract with Amazon to store and process secret materials. This will allow agencies to share information among themselves and conduct deep data analysis using artificial intelligence for espionage.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 22 21.10.2021

Media reports Copper plans to raise $500 million at a $2.5 billion valuation

The London-based custody service Copper has begun talks with investors about participating in a Series C financing round. According to Business Insider, the amount raised could reach $500 million, with a valuation of $2.5 billion.

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ForkLog 16 20.10.2021

Survey shows social-media hype drives young Britons into cryptocurrencies

Most young British investors enter the cryptocurrency market, driven by social-media buzz and news, according to the results of a survey.

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ForkLog 26 14.10.2021

Ripple joins UK CBDC research initiative

The fintech company Ripple has become a co-founder of the nonprofit Digital Pound Foundation, a body aimed at facilitating the design and deployment of a central bank digital currency (CBDC) in the United Kingdom.

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ForkLog 17 14.10.2021

Bank of England calls Bitcoin collapse a plausible scenario

The Bank of England has deemed a collapse of the cryptocurrency market a 'plausible scenario' and flagged the need for an 'urgent' development of a regulatory framework for digital assets. This was stated by Deputy Governor John Cunliffe.

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ForkLog 13 14.10.2021

Alan Howard and Algorand Back Makor Group in Series A Financing

Regulated by the FCA, Makor Group closed a Series A financing round with the participation of billionaire Alan Howard and Algorand. The funds will be used to expand the crypto brokerage business of its Enigma Securities subsidiary.

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ForkLog 9 12.10.2021

British regulator opens investigation into Sorare NFT platform

The British Gambling Commission has opened an investigation into Sorare's fantasy football NFT platform, according to the regulator's website.

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ForkLog 37 11.10.2021

Copper hires former UK chancellor Philip Hammond as adviser

Former UK Chancellor of the Exchequer Philip Hammond has joined Copper's custodial service team as a senior adviser.

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ForkLog 9 08.10.2021

Bank of England sees no serious threats to the country from cryptocurrencies

Cryptocurrencies do not yet pose a serious risk to Britain's financial stability, but as their influence grows, regulation will need to tighten. This is stated in the Bank of England's report.

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ForkLog 13 30.09.2021

Leaders of Visa, PayPal and Google to help UK authorities study CBDC

The Bank of England and Her Majesty's Treasury announced participants in forums to study the technological and other aspects of central bank digital currency (CBDC). Among them were representatives from Visa, Mastercard, SWIFT, PayPal, Google and other companies and institutions.

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