United Kingdom
Market Wrap: Cryptocurrencies Rise Despite Binance UK Warning
Crypto markets rose despite regulatory crackdowns from the U.K. and China. Analysts expect continued resiliency above $30K support.
Mode Global Approved by UK Regulator for Crypto-Asset Registration
Mode now plans to decommission its "Bitcoin Jar" investment product to focus on building a payment system with a bitcoin cashback offering.
UK Financial Markets Regulator Warns About Unregistered Crypto-Asset Firms: Report
The FCA is warning consumers, banks and payment services about dealing with unregistered crypto-asset firms.
Bank of England: Any UK CBDC Will Be 'Tens of Thousands' Times More Efficient Than Bitcoin
The fintech lead at U.K.’s central bank urged eco-conscious citizens not to “throw the blockchain baby out with the bitcoin bathwater.”
Bank of England Releases Discussion Paper on Stablecoins, CBDC
The paper focuses on the effects of private stablecoins on the cost and availability of lending and the challenges for monetary policy.
Crypto App Luno Forced to Take Down ‘Time to Buy’ Bitcoin Ads in UK
The U.K.’s advertising watchdog banned Luno’s prevalent “Time to Buy” bitcoin ad, calling it “misleading” and “irresponsible.” Is the ban warranted? “The Hash” panel debates.
‘Britcoin?’ Bank of England Official Says UK Will ‘Probably’ Launch a CBDC
The U.K.’s central bank is reportedly considering launching a digital currency, called “Britcoin,” to maintain citizens’ confidence in the availability of public money. “The Hash” panel debates the utility of CBDCs and the privacy implications of central bank digital currencies.
Diginex Arm Becomes First Stand-Alone Crypto Custodian Approved by UK Financial Watchdog
Th firm hopes FCA approval will make it more attractive to institutional investors.
Revolut’s UK Users Will Finally Be Able to Withdraw Bitcoin
Revolut has come under fire in the past for not allowing users to withdraw their crypto from the platform and deposit it in their personal wallets, but a new beta program in the U.K. will allow some users to do just that. “The Hash” panel discusses if other platforms will follow.