Eddie Hughes, a conservative MP for the Walsall North constituency, wants residents in the United Kingdom to be able to pay their local taxes and utility bills using Bitcoin.
The UK Financial Conduct Authority (FCA) is reportedly considering a ban on crypto contracts-for-difference (CFD) that could be offered to retail investors, which could ultimately be a game-changer for the industry.
The UK’s Financial Conduct Authority (FCA) will be holding consultations on a “potential prohibition” of cryptocurrency-based derivatives.
The UK government has pulled the plug on plans that would have seen the Royal Mint launching its own cryptocurrency, amid fears over the unregulated nature of cryptocurrency markets.
The banking sector is slowly adapting and incorporating cryptocurrency onto their product portfolio. For example, the London Block Exchange (LBX) is introducing a new service that will give customers in the UK a banking option for both their fiat and their crypto assets.
The exchange is now turning to significant redundancies amongst its 40 strong team, as part of a wider essential restructuring of their business, sources told Financial News.
Wirex Ltd., a provider of cryptocurrency debit cards in Europe, has been granted an e-money license by the Financial Conduct Authority (FCA).
As many as a third of organizations in the UK have been hit by cryptojacking malware, according to a survey released by software analysts at Citrix.
The UK Financial Conduct Authority raised the alarm on yet another cryptocurrency-related clone company called Good Crypto, which was reportedly impersonating an FCA-authorized firm to lure investors.
The UK Financial Conduct Authority (FCA) has issued a warning against a clone company called Fair Oaks Crypto, which has been impersonating FCA-authorized firm Fair Oaks Capital Limited to lure investors to its site.
British banking giant Barclays has dismissed reports that plans are in motion for its own crypto trading desk.