Tech 31 October 2019

Argo Blockchain to bolster hardware following 10,000 unit order

The London-listed cryptocurrency mining company said it would now purchase 10,000 Antminer T17s, rather than the 500 AntMiner S17s originally planned.

Business 8 October 2019

UK FCA sees dramatic rise in crypto related probes

There has been a 74% increase in the total number of crypto-related investigations at this point as compared to October 2018, according to the U.K. Financial Conduct Authority.

Business 25 September 2019

UK financial watchdog flags Midpoint Exchange clone firm

The Financial Conduct Authority has issued a warning to the public regarding a clone firm that claims to offer investment services in cryptocurrency, stocks and forex.

Business 25 September 2019

UK blockchain startup Everledger attracts $20M investment

The startup intends on utilizing the funding and the expertise of the new partners, which include Tencent, Fidelity and Rakuten, to bring more visibility to its business.

Business 20 September 2019

Facebook met UK regulators ‘three times’ before announcing Libra

Reuters learned Facebook had met with the Bank of England, the Treasury and regulatory officials before going public with its planned launch.

Tech 20 September 2019

Crypto mining firm Argo Blockchain installs 1,000 new rigs

The new hardware takes the total number of mining rigs controlled by Argo Blockchain to 6,000, with plans to acquire a further 6,000 machines over the next two quarters.

Tech 16 September 2019

UK teen suspected of selling stolen music for crypto arrested

The City of London Police have arrested a teen who is accused of stealing unreleased music and selling it online for cryptocurrency.

Business 28 August 2019

Far-right party unveils UK ‘first coherent’ crypto policy

The National Liberal Party noted that the U.K. government has so-far failed to take effective steps to regulate cryptocurrencies.

Business 19 August 2019

Norwich teen sentenced to 20 months in prison for hacking

Elliot Gunton will serve time for hacking and stealing hundreds of thousands worth of BTC.

Business 15 August 2019

UK advertising watchdog slams BitMEX over misleading crypto ad

The U.K. Advertising Standards Authority (ASA) upheld a complaint against BitMEX exchange for an advertisement for BTC it says is misleading.

Business 9 August 2019

Robinhood wins FCA approval to operate as broker in UK

With the approval from the Financial Conduct Authority, Robinhood is expected to take its investment platform to more customers in the U.K.

Business 7 August 2019

UK taxman demands customer info from crypto exchanges: report

HM Revenue & Customs has asked exchanges to submit transaction histories, which it intends to use to detect individuals who have been trading in cryptocurrency without declaring their gains for tax.