UK


Markets

Binance Helped UK Police Investigate Criminal Involved in $50 Million Fraud

The exchange said it helped British police bust a cybercriminal who sold phishing tools that resulted in the theft of millions of pounds.

UK Metropolitan police

Markets

UK Fund That Aims to Capitalize on Crypto Volatility Raises $50 Million

U.K.-licensed Nickel Asset Management says it has raised $50 million for a fund aimed to make profits off the volatility of cryptocurrencies.

London

Markets

Man Offering Hacking Services for Bitcoin Gets 20-Month Jail Sentence

A British man has been handed jail time and ordered to forfeit over £400,000 ($487,000) for offering hacking services and stolen data for crypto.

UK police

Markets

UK Advertising Watchdog Upholds Complaints Against BitMEX Bitcoin Promotion

The U.K. Advertising Standards Authority has upheld complaints over a "misleading" bitcoin ad placed by crypto derivatives exchange BitMEX.

Arthur Hayes, former CEO of BitMEX

Markets

UK's Pensions and Welfare Department Eyes DLT for Faster Payments

The U.K. Department for Work and Pensions is investigating distributed ledger technology as a way to boost its payments systems.

Credit: Shutterstock

Markets

Coinbase UK Dropping Support for Cryptocurrency Zcash

The U.K. arm of Coinbase appears to be dropping support for the privacy-focused cryptocurrency zcash.

Zooko Wilcox, CEO of the Electric Coin Company (Credit: CoinDesk archives)

Markets

Investment App Robinhood Wins License to Operate in UK

Robinhood, a stocks, ETFs and crypto investment app, has been given the green light to operate as a broker by a U.K. regulator.

Robinhood

Markets

UK Lawmakers May Probe Facebook Libra Over Privacy, Fraud

A parliamentary committee worries about Facebook holding financial details on its potentially billions of Libra users.

UK parliament

Markets

UK Announces 'Dirty Money' Crackdown, Including Tougher Crypto Regime

The U.K. government has drawn up an action plan aimed to combat financial crimes that it says will include a new regime for crypto assets.

(Drop of Light/Shutterstock)

Markets

UK Finance Watchdog Takes Step Toward Ban on Crypto Derivatives

The U.K.'s Financial Conduct Authority is now consulting on a ban of cryptocurrency-based derivatives and ETNs in a bid to protect investors.

London skyline