U.K. Bank NatWest Limits Daily Crypto Payments to $1,200
Customers will be limited to payments of 1,000 pounds ($1,218) per day and 5,000 pounds over a 30-day period. Original Source
Read More
U.K
HSBC Subsidiary to Acquire Silicon Valley Bank’s U.K. Unit for 1 Pound
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a
Read More
U.K. Associations See Electronic Trade Document Bill as a Great Local and Global Opportunity
Chris Southworth, Secretary General of the International Chamber of Commerce, said the bill could have an impact globally. It is a £1.2 trillion opportunity for the Commonwealth, an association consisting of 56 countries, he claimed, calling the proposed law "a template," and one that could facilitate talks with countries like
Read More
U.K. includes crypto investments under the Investment Manager Exemption
The transactions of “designated crypto assets” entered into from the tax year 2022 to 2023 onwards will be qualified for the Investment Manager Exemption in the United Kingdom. Certain legislation was announced by the U.K. government back in April and is now executed by the Commissioners for His Majesty’s Revenue
Read More