United Kingdom News

Smartlands Partners FINRA-Licensed IIP Securities to Access US Market
Smartlands Partners FINRA-Licensed IIP Securities to Access US Market
15 October 2019, 18:47
Smartlands, a U.K based tokenization startup announced this month that it has teamed up with IIP Securities to access the U.S market.
Valdis Dombrovskis Pledges to Provide Unified Crypto Rules in the EU
Valdis Dombrovskis Pledges to Provide Unified Crypto Rules in the EU
08 October 2019, 15:48
Valdis Dombrovokis has pledged to provide unified regulation on cryptocurrencies such as Facebook’s Libra.
World Federation of Exchanges Advises the FCA Against Crypto Derivatives Ban
World Federation of Exchanges Advises the FCA Against Crypto Derivatives Ban
08 October 2019, 01:21
The World Federation of Exchanges (WFE) has advised the U.K Financial Conduct Authority (FCA) against a proposed move to ban the sale of crypto derivatives to retail investors.
Lloyds Bank Adopts Blockchain for Commodity Trade Finance
Lloyds Bank Adopts Blockchain for Commodity Trade Finance
25 September 2019, 16:36
Lloyds Bank has partnered with a blockchain-based platform, Komgo to enable quicker international commodity trade finance.
Coinbase UK to Delist ZCash; Developer Says Not For Regulatory Reasons
Coinbase UK to Delist ZCash; Developer Says Not For Regulatory Reasons
12 August 2019, 16:48
Coinbase UK is ending support for ZCash (ZCash) but not for regulatory reasons according to lead developer, Electric Coin Company.
Robbers Unsuccessful With Raid on a Birmingham Bitcoin ATM
Robbers Unsuccessful With Raid on a Birmingham Bitcoin ATM
18 July 2019, 21:15

A group of three masked men failed to succeed after attempting to rob a Birmingham-based Bitcoin ATM according to a Daily Mail report, today July 18.

Crypto Regulation Can Help Post-Brexit UK— Nigel Green
Crypto Regulation Can Help Post-Brexit UK— Nigel Green
09 July 2019, 14:34
According to Nigel Green, the U.K can boost its financial services industry after Brexit by embracing the cryptocurrency market and providing regulatory friendly rules for participants.
The United Kingdom Wants to Ban Crypto Derivatives for Retail Investors
The United Kingdom Wants to Ban Crypto Derivatives for Retail Investors
02 July 2019, 18:45
The United Kingdom’s Financial Conduct Authority (FCA) is contemplating a potential ban on the offering of crypto derivatives to retail investors,
Europol Arrests 6 People Behind $27 Million Crypto Theft
Europol Arrests 6 People Behind $27 Million Crypto Theft
26 June 2019, 16:28

Europol said in a Wednesday press release that it has finally arrested six people (five men and one woman) alleged to be behind a €24 million (appr. $27 million) cryptocurrency theft.

Eli and Assaf Gigi Arrested for Crypto Theft, $72m Bitfinex Hack
Eli and Assaf Gigi Arrested for Crypto Theft, $72m Bitfinex Hack
24 June 2019, 06:42
Israeli authorities arrested two brothers Eli and Assaf Gigi for using various schemes to steal cryptocurrencies from their victims.
CFTC Sues Benjamin Reynolds For $147 Million Bitcoin Ponzi Scheme
CFTC Sues Benjamin Reynolds For $147 Million Bitcoin Ponzi Scheme
18 June 2019, 21:52
The United States Commodity and Futures Trading Commission (CFTC) announced civil enforcement action against a U.K resident Benjamin Reynolds and his business, Control-Finance Limited.
Is the U.K Going Overboard With Proposed AML/CFT Laws for Crypto?
Is the U.K Going Overboard With Proposed AML/CFT Laws for Crypto?
11 June 2019, 09:32
In the paper titled ‘“Transposition of the Fifth Money Laundering Directive,” Her Majesty’s Treasury disclosed its plans to broaden the EU’s guidelines for applying anti-money laundering/countering the financing of terrorism (AML/CFT) regulations to the crypto industry.
Currency and Crypto Fraudsters Made $34 Million From U.K Residents
Currency and Crypto Fraudsters Made $34 Million From U.K Residents
21 May 2019, 09:39
Within the last financial year, the U.K Financial Conduct Authority (FCA) reports that victims lost £27 million ($34.2 million) to forex and crypto-related investment scams.
Geoffery Vos — Crypto Adoption Yet to Cross “Starting Line”
Geoffery Vos — Crypto Adoption Yet to Cross “Starting Line”
03 May 2019, 15:14
Lord Geoffery Vos, Chancellor of the U.K High Court admitted that cryptocurrencies would see increasing usage soon rather than a decline.
London Stock Exchange Sells Tokenized Securities
London Stock Exchange Sells Tokenized Securities
15 April 2019, 18:17
For the first time, the London Stock Exchange (LSE) has listed tokenized securities on its platform.
FCA Authorize First Crypto Derivative Firm
FCA Authorize First Crypto Derivative Firm
01 February 2019, 15:38
For the first time, Financial Conduct Authority (FCA) has approved the B2C2's application to offer crypto derivatives to U.K residents
Stolen $11.4 Million IOTA Tokens Found
Stolen $11.4 Million IOTA Tokens Found
31 January 2019, 14:09
Millions of IOTA tokens that were purportedly stolen in January 2018, by a U.K resident is now with European Authorities
Europol Arrest $11m Crypto Theft Suspect
Europol Arrest $11m Crypto Theft Suspect
25 January 2019, 13:37
European Union law enforcement agency, Europol has reportedly caught up with a 36-year old British man alleged to be the mastermind of $11 million crypto theft in early 2018
FCA Release Proposed Regulation For Crypto Assets
FCA Release Proposed Regulation For Crypto Assets
23 January 2019, 17:53
For the first time, the U.K Financial Conduct Authority (FCA) has defined Bitcoin and classified all type of cryptocurrencies in existence at this time. The proposed regulations have an April 5 deadline for public comments.
Fineqia International To Issue Tokenized Bonds On Ethereum
11 January 2019, 15:36
Fineqia International Inc., a crypto startup that wants to issue and clear tokenized bonds using the Ethereum blockchain announced on Thursday that is has taken a significant step in achieving that objective.
The UK Financial Conduct Authority Steps Up Plan To Regulate Crypto-assets
22 December 2018, 16:48
The United Kingdom (U.K) will soon add its name to the list of world jurisdictions that have provided regulation for cryptocurrencies
G20 To Align Crypto Regulations With FATF
G20 To Align Crypto Regulations With FATF
03 December 2018, 16:25
At a just-concluded G20 Summit held in Buenos Aires, Argentina, the body announced as part of its written declaration that they “will regulate crypto-assets for anti-money laundering and countering the financing of terrorism in line with FATF standards and we will consider other responses as needed”.