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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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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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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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