UK Tax Authority Releases Crypto Guidance for Businesses

The UK’s tax agency has issued cryptocurrency tax guidance for businesses, following up a year-old promise. After clarifying the situation…

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Blockchain May Kill Off the City of London and NHS

According to a senior advisor at consultancy firm McKinsey, John Straw, blockchain could make the City of London irrelevant in…

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US Financial Watchdogs Join UK’s Global Financial Innovation Network

The Global Financial Innovation Network (GFIN) — an alliance of 50 organizations aimed at supporting financial innovation —  has onboarded…

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UK’s Central Bank Establishes Provisions for Facebook’s Libra

The United Kingdom’s central bank has established provisions that Facebook’s yet-to-be-released Libra stablecoin must comply with in order to be…

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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…

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UK Finance Watchdog’s Crypto Investigations Up By 74% in 2019

The number of investigations into cryptocurrency firms by the U.K.’s financial regulator, the Financial Conduct Authority (FCA), have seen a…

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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…

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UK Police Auction Off $294,000 in Stolen Crypto From EtherDelta Hack

UK police auctioned off more than $294,000 of cryptocurrency confiscated from the teenage hacker of EtherDelta and TalkTalk. The Eastern…

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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…

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Facebook Met British Authorities Prior to Libra’s Official Announcement

Facebook reportedly met British authorities and regulatory officials three times prior to publicly announcing plans for the Libra stablecoin project.…

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