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United Kingdom banks hate crypto, and that’s bad news for everyone

In 2018, the United Kingdom’s Financial Conduct Authority (FCA) wrote to the heads of the country’s biggest high street banks to emphasize the importance of due diligence when dealing with crypto businesses. That seems to have led to widespread high-risk ratings and bans on crypto-related banking, impacting both crypto businesses

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Huobi Obtains License to Operate in the British Virgin Islands, States There Is No Timetable for Expansion Into the United Kingdom Yet

  Huobi's affiliate Brtuomi Worldwide is one of the first exchanges in the British Overseas Territory to offer compliant crypto derivatives and trading services. In addition, Huobi, a major cryptocurrency exchange, is expanding its worldwide presence by entering the British Virgin Islands, a British Overseas Territory. Huobi stated on Friday that it

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Kingdom of Tonga May Adopt Bitcoin as Legal Tender, Says Former Member of Parliament – Bitcoin News

The Kingdom of Tonga may adopt bitcoin as legal tender, according to a former member of Tonga’s parliament, Lord Fusitu’a, who tweeted about a possible timeline for this event to occur. Fusitu’a believes that by next fall a bill will be passed by Tonga’s parliament and bitcoin could be legal

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Hong Kong NFT project Monkey Kingdom loses $1.3M in phishing hack, launches compensation fund

On Tuesday, Solana nonfungible token (NFT) project Monkey Kingdom, which has received notable backing from American DJ Steve Aoki, announced via Twitter that hackers made off with $1.3 million of the community's crypto funds through a security breach on Discord. According to its developers, the hack first occurred with the breach

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One Giant ‘LEAP’: Saudi Arabia’s New Global Tech Event to Reshape Lifestyles, Transform Economy and Put Kingdom among World’s Top Tech-Enabled Nations

11 August 2020: Saudi Arabia has revealed ambitious plans to transform the Middle East’s technology sector and position the Arabian Gulf nation at the global forefront of a bold, new era of futuristic technology adoption.LEAP, a landmark technology event of national importance that supports the Kingdom’s Vision 2030 for a

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