Blog: Global collaboration and how it helps the UK
A blog by Elizabeth Denham, Information Commissioner 21 October 2019 We live in an age of borderless data flows. We can be in our own homes, but as
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UK
Crypto Debit Card Firm Cryptopay Launches UK Bank Transfers With British Pound
Crypto wallet and debit card service company Cryptopay now offers transfers with the British Pound (GBP) through the Faster Payments Scheme.Cryptopay revealed the development in a press release with CryptoX on Oct. 9, specifying that its United Kingdom-based users can now fund their accounts and make withdrawals with GBP,
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UK Bitcoin Mining Firm’s Revenue Jumps 75% despite Bearish Q3 |
Subscription-based bitcoin mining firm Argo Blockchain has registered a profitable third quarter even though the asset it deals in witnessed a sharp drop in value.The UK-based company, whose stocks are listed on the London Stock Exchange (LSE), confirmed its revenues rose to £3.6 million (~$4.42 million) in the three months
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Major Exchanges Urge UK Regulator to Not Restrict Crypto Derivatives
The World Federation of Exchanges (WFE), a global trade association of publicly-regulated exchanges, has appealed to the United Kingdom’s Financial Conduct Authority (FCA) to not restrict cryptocurrency derivatives for retail investors.The WFE made a statement on Oct. 7 in response to the British financial regulator’s consultation paper on a
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UK Financial Regulator’s Crypto Investigations Surge 74% in 2019: Report
The Financial Conduct Authority (FCA), the United Kingdom’s primary financial regulator, has seen a 74% rise in crypto-related investigations in 2019 so far.A local law firm reveals the dataAccording to London-based law firm Pinsent Masons’ data, the number of the FCA’s investigations into cryptocurrency businesses has surged from 50
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Coinbase Reinstates UK Bank Deposits and Withdrawals
Coinbase has reinstated U.K. bank deposits and withdrawals following a months-long banking holdup. As announced by the company’s U.K. arm in a blog post Thursday, British pound (GBP) deposits and transfers are available once again for local Coinbase customers. GBP
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Binance Helped UK Police Investigate Criminal Involved in $50 Million Fraud
Binance, the top crypto exchange by trading volume, has said it helped British police bust a cybercriminal who sold phishing tools that resulted in the theft of millions of pounds. In a blog post on Thursday, Binance chief compliance
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UK Police Authorizes Auction of £500,000 Seized Cryptocurrencies
The world is about to witness another groundbreaking event in the crypto world as the UK police gave the green light to auction about £500,000 (around $620,000) in various cryptocurrencies seized from a criminal.The criminal, identified as Elliott Gunton, was nabbed by the UK police for his involvement in a
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Coinshares Urges Customers to Fight UK Regulator’s Ban on Crypto ETNs
The United Kingdom’s Financial Conduct Authority (FCA) is proposing to ban cryptocurrency exchange-traded notes (ETNs) — but Coinshares, a U.K.-based regulated public exchange, disagrees with that proposal.Claims of insufficient evidence In a Sept. 23 letter on its website, Coinshares claimed the FCA has not provided enough evidence to justify the proposed
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UK Hacker Arrested for Stealing Unreleased Music and Selling It for Cryptocurrency
On Friday, London police arrested a 19-year-old hacker who allegedly targeted artists and their music recording by stealing their unreleased songs from their web archives and sold them for cryptocurrency on the dark web.The Manhattan District Attorney’s office in New York has received several complaints from management companies of recording
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