UK
BVNK Aims to be Crypto Bank in All But Name
The digital-asset platform wants to appeal to mid-market clients who fall between retail customers and multimillion-dollar institutions.
DeFi Custodian Trustology Gets Green Light From UK’s FCA
The march toward institution-friendly DeFi continues.
Bank of England Unveils CBDC Forum Members, Including Reps From Asos, PayPal and Spotify
The formation of two forums was announced in April to explore a potential UK CBDC that would exist alongside cash and bank deposits.
Crypto Exchange CoinJar Secures UK FCA Registration, Advocates For License in Australia
CoinJar UK joins a growing list of 10 other registered “cryptoasset firms,” including Gemini Europe Ltd.
UK Parliament’s House of Lords Launches CBDC Inquiry
The deadline for responses on a possible U.K. central bank digital currency is mid-October.
UK Post Office to Offer Crypto Purchases to Some Customers Starting Next Week
Users of the Post Office’s EasyID identity-verification app will be able to buy crypto using a voucher system from Swarm Markets.
UK Post Office to Offer Crypto Purchases to Some Customers Starting Next Week
Beginning next week, the U.K.’s Post Office will offer users the ability to purchase crypto through its identity-verification service, EasyID, using a voucher system from Swarm Markets. Some suggest the integration may expose more people to decentralized finance (DeFi) through Swarm’s yield farming offering.
Token Issuers Need to Be Brought ‘Firmly Within Our Reach,’ FCA Chair Says
Charles Randell was speaking about regulating token issuers and the threat they may pose to vulnerable people by promoting speculative investments.
Coinbase to Bring Ethereum 2.0 Staking to UK Customers
Users will be able to earn up to a 5% annualized interest rate.
HSBC UK Blocks Payments to Binance Exchange
Banking giant HSBC is blocking its U.K. customers from using credit cards to make payments to Binance after the Financial Conduct Authority (FCA)’s announcement in June saying the crypto exchange cannot conduct regulated activities in the country. “The Hash” panel discusses the latest enforcement action against Binance, possibly signaling the future of centralized exchanges.