United Kingdom

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New UK crypto regulations weigh heavily on the crypto industry

10 Oct 2023 1 minute read 6 comments Yugocean

     The UK's new regulations have come into force, and the crypto industry in Britain has started bearing heat. FCA issued a warning      The Financial Conduct Authority (FCA), the UK's financial watchdog, has mow warned the crypto industry after i...

Binance to Suspend British Pound Deposits and Withdrawals

18 Mar 2023 1 minute read 16 comments ZeroRequiem

Hey Peeps!     According to an email reportedly sent out to customers on March 10th, Binance will be suspending all deposits and withdrawals made with the British pound (GBP) currency starting on May 22nd.  As of March 10th, new customers are also n...

The Largest Banks in the United Kingdom Officially Ban Crypto Purchases with Credit Cards

7 Mar 2023 1 minute read 13 comments ZeroRequiem

Hey Peeps!     On March 2nd, one of the largest banks in the United Kingdom, HSBC, officially banned customers from purchasing cryptocurrency using their credit cards.  According to a report by Bloomberg, HSBC is joined by another top bank, Nationwi...

United Kingdom launches a Crypto Crime Unit

10 Jan 2023 1 minute read 6 comments ZeroRequiem

Hey Peeps!     The National Crime Agency (NCA) of the United Kingdom has created a special unit called the "National Cyber Crime Unit (NCCU) Crypto Cell".  This specialized task force will focus primarily on investigating cryptocurrency-related crim...

Starting in 2023, Santander Bank will block transfers to Cryptocurrency Exchanges for UK customers

7 Nov 2022 1 minute read 14 comments ZeroRequiem

Hey Peeps!     Santander Bank has announced that they will soon block transfers and payments to all cryptocurrency exchanges. The measure is put in place to supposedly protect customers from scams associated with cryptocurrencies.  Unfortunately, th...

Uk recognizes Crypto/Bitcoin as a payment method!

1 Nov 2022 1 minute read 1 comment Crypto4you23

Introduction:   Finally UK is recognizing crypto payments as legalized financial products. This is something good because we can learn, and earn some good profits with this adoption. Let's discuss more about this today, stay tuned!   UK economy is cr...

Less crypto and a day in Highworth - Checking out a church from the 13th century

12 Apr 2022 2 minute read 2 comments PVM

I woke up early because today I have to travel about 200 miles round trip for my football match! I checked CoinGeko before breakfast and my portfolio was down by 10%. You know is a bad day in crypto when $GMT has the top gain, at 12% of it's previous...

Manchester: Story as it Unfolded on the Route No. 23

5 Jul 2021 7 minute read 1 comment peerynt

What are your first associations that come to mind when hearing the name of England's Manchester? Is it United, the football club? Because for me it is, even though I must admit, I'm not really a football fan. Around here you don't have to be a big f...

UK Opens Consultation Regarding Stablecoins, Wants to Remain FinTech Leader

8 Jan 2021 1 minute read 11 comments Abhimanyu Krishnan

The United Kingdom’s treasury department, Her Majesty’s Treasury, has launched a consultation process for stablecoins with respect to their application in the national economy, according to an official document published in Jan. 2021. Saying that th...

Aave's New Licence is the Same One Coinbase and Revolut Use

25 Aug 2020 1 minute read 0 comments Abhimanyu Krishnan

DeFi lending and borrowing protocol Aave (LEND) has received an Electronic Money Institutional (EMI) license from the UK Financial Conduct Authority (FCA), according to a listing on the FCA website. The license is the same one that Coinbase and Revol...