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01-12-2025
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United Kingdom

Digital asset firms are being locked out by banks in UK: report
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5 April, 2023

Digital asset firms are being locked out by banks in UK: report

Virtual asset service providers (VASPs) in the United Kingdom are struggling to land banking partners and are having their accounts...
UK economic crime plan seeks to clamp down on crypto money launderers and kleptocrats
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3 April, 2023

UK economic crime plan seeks to clamp down on crypto money launderers and kleptocrats

The U.K. government has laid out its three-year plan to step up regulation, monitoring and enforcement of digital assets, as...
Revolut’s response to audit report frustrates its own board
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3 April, 2023

Revolut’s response to audit report frustrates its own board

Belgian accounting firm BDO Global has warned of a risk that 75% of Revolut’s 2021 revenue was materially misstated, casting...
UK Treasury drops NFT plans
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30 March, 2023

UK Treasury drops NFT plans

Tasked to develop the NFT in 2022, the Royal Mint is dropping the plans but keeping the proposal under review,...
Ziglu shops for new buyers after Robinhood deal falls through
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28 March, 2023

Ziglu shops for new buyers after Robinhood deal falls through

The U.K.-based digital currency exchange is looking to raise $2.5 million at a $12.3 million valuation, which will allow it...
UK financial regulator mulls improving tokenization, asset management
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22 March, 2023

UK financial regulator mulls improving tokenization, asset management

The Financial Conduct Authority wants to improve the country's asset management through tokenization, highlighting its benefits, including eliminating third-party participants...
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