Latest News Of United Kingdom Tag

OVO invests in an energy tech company Electron

Business 13 March 2019

OVO invests in an energy tech company Electron

OVO, a major energy company in the United Kingdom, has invested in Electron through its recently launched intelligent grid technology division Kaluza.

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UK’s Financial Conduct Authority flags ‘illegal’ Next Coin Market

Business 8 March 2019

UK’s Financial Conduct Authority flags ‘illegal’ Next Coin Market

The regulator, which is responsible for overseeing the financial services sector in the country, flagged a firm called Next Coin Market, which it said had been falsely claiming FCA authorization.

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73% of UK consumers ‘don’t know what cryptocurrency is’

Business 8 March 2019

73% of UK consumers ‘don’t know what cryptocurrency is’

Almost three-quarters of consumers don’t know or can’t describe what a cryptocurrency is, according to a new survey published by the UK’s chief financial regulator.

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Wirex adds crypto payments support for 10 new fiat currencies

Business 28 February 2019

Wirex adds crypto payments support for 10 new fiat currencies

The service offers access to interbank exchange rates, as well as “unconditional access” to OTC rates for cryptocurrency to its customers through the European Economic Area.

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Crypto analysis firm Chainalysis secures $30M in Series B funding

Business 13 February 2019

Crypto analysis firm Chainalysis secures $30M in Series B funding

Chainalysis, a cryptocurrency analysis firm, has raised $30 million in Series B funding, as the firm looks to expand into new markets in 2019.

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FCA issues scam alert after £197M lost to scams in 2018

Business 7 February 2019

FCA issues scam alert after £197M lost to scams in 2018

The Financial Conduct Authority (FCA) has issued a warning to investors over investment scams, many of which are connected to unregulated cryptocurrency companies in the United Kingdom alone.

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Blockchain startup DOVU will reward users for sharing transport data

Business 4 February 2019

Blockchain startup DOVU will reward users for sharing transport data

Blockchain startup DOVU has signed an agreement with Go-Ahead, a railway company operating in the U.K. The agreement will allow Go-Ahead to collect data from its users and reward them for sharing.

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Crypto liquidity provider B2C2 OTC is FCA authorized

Business 4 February 2019

Crypto liquidity provider B2C2 OTC is FCA authorized

B2C2 OTC Ltd. has received authorization from the Financial Conduct Authority (FCA) to conduct deals in contracts for difference (CFDs).

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UK regulator launches fraud probe into 18 crypto companies

Business 2 January 2019

UK regulator launches fraud probe into 18 crypto companies

The Financial Conduct Authority launched the latest round of investigations on Sunday as part of an operation to clean up the crypto sector, with as many as 18 firms under formal investigation.

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UK tax agency rolls out guidelines for crypto tax treatment

Business 20 December 2018

UK tax agency rolls out guidelines for crypto tax treatment

The tax authority of the United Kingdom has published guidelines on the tax treatment of cryptocurrencies, in its most comprehensive advice to crypto investors to date.

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UK crypto exchange CEX.IO makes KYC mandatory

Business 13 December 2018

UK crypto exchange CEX.IO makes KYC mandatory

UK-based cryptocurrency exchange CEX.IO is now requiring all new customers to undergo a mandatory verification process, as part of enhanced anti-money laundering processes.

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UK-based crypto platform Cubits could be facing closure

Business 13 December 2018

UK-based crypto platform Cubits could be facing closure

The UK-based cryptocurrency trading platform Cubits was one of several that lost a considerable amount of money from fraudulent activity this year.

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