United Kingdom | ForkLog

ForkLog 35 07.08.2025

Greenidge Sells Mississippi Mining Facility Amid Financial Struggles

Greenidge Generation has sold its Bitcoin mining centre in Mississippi for $3.9 million, merely a year after its launch. This was disclosed in a filing with the SEC. The buyer is U.S. Digital Mining Mississippi, an entity linked to the publicly traded mining firm LM Funding America. The deal excludes the equipment and warehouse located […]

AI translated

ForkLog 57 05.08.2025

Briton Tokenizes Rights to 7,500 BTC from Hard Drive in Landfill

On August 4, reports emerged that James Howells had halted his operation to locate a hard drive containing 7,500 BTC. However, he refuted these rumors and announced the issuance of a token to secure his legal rights to the lost assets. But I am done asking permission. So I’m tokenizing the entire wallet — 8,000 […]

AI translated

ForkLog 53 22.07.2025

OpenAI to help Britain bid for AI superpower status

Britain and OpenAI have struck a strategic partnership to deepen collaboration on AI safety research and explore potential investment in the country’s infrastructure, Reuters reports. “AI will be a key driver of the changes we need to make across the country—whether reforming the National Health Service, removing barriers to opportunity or boosting economic growth,” said […]

AI translated

ForkLog 81 15.07.2025

Standard Chartered Initiates Bitcoin and Ethereum Trading

Standard Chartered Bank has permitted institutional clients to trade Bitcoin and Ethereum, as stated in a press release.

AI translated

ForkLog 48 09.07.2025

UK to Impose Fines for Concealing Crypto Asset Information

Starting January 1, 2026, the UK’s tax authority will begin monitoring information about crypto asset owners for tax calculation and assessment. This is outlined in the updated guidance from the regulator. The agency categorizes crypto assets as: exchange tokens, including Bitcoin; non-fungible tokens (NFTs); utility tokens; stablecoins; tokenized real-world assets. Tax calculations may also apply […]

AI translated

ForkLog 34 25.06.2025

Barclays to Ban Cryptocurrency Purchases for Clients

From June 27, Barclays, one of the largest banks in the United Kingdom, will block cryptocurrency transactions for its clients using their cards. This is stated on the institution’s website. The decision was explained by the risks associated with the volatility of digital assets. The bank stated that the decline in cryptocurrency prices could lead […]

AI translated

ForkLog 52 19.05.2025

Elton John Criticises UK’s AI Development Plan

British musician Elton John has labelled the proposed changes to copyright laws in the context of AI in the UK as “criminal” and accused officials of “stealing” from artists. “The danger is that young artists do not have the resources to continue checking and fighting against big tech. It’s criminal, and I feel incredibly betrayed,” […]

AI translated

ForkLog 57 11.05.2025

BSV Investors Renew Compensation Demands Over Delisting

A group of Bitcoin SV investors, stemming from the Bitcoin Cash hard fork, intends to continue legal proceedings against Binance following the coin’s delisting in 2019. The coin was removed as part of a routine “re-evaluation” of listed assets. The delisting was announced amid criticism of BSV’s creator, Craig Wright, who had declared himself to […]

AI translated

ForkLog 19 06.05.2025

Britain Rejects the Idea of a National Bitcoin Reserve

The UK Treasury has no plans to establish a national reserve of digital assets. This was stated by the Economic Secretary to the Treasury, Emma Reynolds, at the FT Digital Asset Summit, reports Decrypt. According to her, the UK does not intend to adopt the US approach. The official noted that such a strategy is […]

AI translated

ForkLog 49 30.04.2025

UK Unveils Draft Regulations for Cryptocurrency Industry

The UK government has released consultation documents for proposed legislation targeting the cryptocurrency industry. These documents aim to establish a regulatory framework for activities such as exchanges and the issuance of stablecoins. The authorities also plan to introduce new requirements for market entry and information disclosure in the digital asset sector. The draft legislation is […]

AI translated

ForkLog 36 16.04.2025

Hackers Compromise British Official’s X Account to Promote Scam Token

Malefactors exploited the X account of British MP and Leader of the House of Commons, Lucy Powell, to promote a fraudulent token named House of Commons Coin (HOC). Leader of the House of Commons Lucy Powell has had her X account hacked and is promoting a House of Commons cryptocurrency pic.twitter.com/05KKYfS8ho — Daniel Green (@DanGreenJourno) […]

AI translated

ForkLog 16 13.04.2025

Scottish School to Pioneer Bitcoin Payments in the UK

The Lomond School, a boarding institution, will begin accepting tuition payments in Bitcoin in the autumn of 2025, according to BBC. Representatives of the school, located in the Scottish town of Helensburgh, noted that the decision was influenced by requests from parents of students, including those from abroad. The administration believes the initiative aligns with […]

AI translated

#United Kingdom