Crypto wallet and debit card service company Cryptopay now offers transfers with the British Pound through the Faster Payments Scheme. 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 Cointelegraph on Oct. 9, specifying […]
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The WFE, a global trade association of publicly-regulated exchanges, has appealed to the U.K.’s FCA not to restrict crypto derivatives for retail investors. 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 […]
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The number of the U.K. Financial Conduct Authority’s investigations into crypto businesses surges 74%: from 50 cases in 2018 to 87 already in 2019. 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 data According […]
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U.S.-based crypto exchange Coinbase reinstates GBP transfers for its United Kingdom customers. United States-based crypto exchange Coinbase has reinstated GBP transfers for its United Kingdom customers, according to an official announcement on Oct. 3. Coinbase has also added full support for five new crypto assets — Basic Attention Token (BAT), 0x (ZRX), Augur (REP), Stellar […]
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Binance claims to have assisted British police in investigating an online fraud exposed to 500,000 potential victims. Binance claims to have assisted British prosecutors in an investigation of an online fraud that resulted in over $51 million losses by victims. Criminal is now jailed On Sept. 26, Binance’s chief compliance officer Samuel Lim published a […]
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Scammers ask Brits for nearly $2.5 million in Bitcoin, claiming to spend the money to maintain the local economy after Brexit. Scammers asked British citizens for nearly $2.5 million in Bitcoin (BTC), claiming that the funds will be spent to maintain the local economy after Brexit. Physical letters vs emails Fraudsters apparently sent out physical […]
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MediConnect has completed the workflow for a PoC designed to track medications through the supply chain. Blockchain startup MediConnect has completed the workflow for the Proof-of-Concept (PoC) designed to track medications through the supply chain and begun integration of online pharmacy UK Meds’ processes to its platform. Tracking medication through the supply chain Per a […]
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A cryptocurrency insurance policy covering theft and loss has been launched by Cardiff-based crypto-insurance startup Coincover. Cardiff-based cryptocurrency insurance startup Coincover has launched an insurance policy covering theft and loss. Local news outlet Whales247 reported on Sept. 24 that this is “the first and only service to guarantee digital funds held online will not be […]
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Coinshares is asking its customers to join them in the fight against the proposed ban on cryptocurrency ETNs by the U.K.’s FCA. 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. […]
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Consensys-backed digital identity platform uPort has partnered with Onfido and Big Four auditing firm PwC. ConsenSys-backed identity management protocol uPort has entered a partnership with Onfido and PwC to develop blockchain-based identity management in the financial services sector in the United Kingdom. In a Sept. 23 announcement, Ethereum-based digital identity platform uPort said that it […]
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