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.
UK-based remittance platform TransferGo has launched a crytocurrency facility, allowing crypto traders to buy and sell major cryptocurrencies like Bitcoin Cash (BCH).
The UK’s Financial Conduct Authority (FCA) has accepted 29 companies into cohort 4 of its regulatory sandbox, designed to create a safe space for innovation in crypto assets.
Eddie Hughes wants all government departments to come up with a plan to use blockchain and other emerging tech to reach 1% efficiency savings.
The program, initially implemented on a cattle slaughterhouse, will be extended to other farmers and individual animals later.