UK

Gemini Slashes Jobs and Exits Europe, UK and Australia to Streamline Operations

Publicly traded crypto exchange Gemini has announced a major restructuring that will cut roughly 25 % of its global workforce — about…

4 weeks ago

UK Crime Network, Worth Billions, Used Crypto to Funnel Drug Cash to Russia

A billion-pound money-laundering network operating across 28 towns and cities in the UK has been converting proceeds from drug trafficking,…

3 months ago

UK Reform Party Opposes Bank of England’s Stablecoin Limits and CBDC Plans

The United Kingdom’s minority party Reform has formally rejected the Bank of England’s proposal to cap stablecoin holdings and its…

6 months ago

UK Government Shares Plans For DIGIT Digital Bond, Willing to Decentralize Market Infrastructure

HM Treasury outlined its digital strategy for wholesale financial markets on Tuesday, setting out expansive ambitions that include a willingness to replace…

8 months ago

Global Cooperation in Crypto Regulation Stressed by FCA Official and British Lord at DigiAssets 202

A senior official at the U.K. Financial Conduct Authority, or FCA, warned a "global response" to crypto is crucial to…

9 months ago

Visa Invests in B2B Stablecoin Payments Firm BVNK

UK-headquartered BVNK announced a strategic investment by Visa Ventures. BVNK provides stablecoin payment infrastructure and wallet solutions. Based on company filings, Visa invested €2 million ($2.27m)…

10 months ago

British Drug Gang makes “memecoin,” tries pump and dump trick

A Britain-based drug gang has created its cryptocy, albeit a “meme coin,” not for instant fame but to launder their…

11 months ago

Kraken Teams Up With Mastercard to Introduce Crypto Debit Cards

Mastercard has announced a landmark partnership with Kraken to enable real-world Bitcoin and crypto payments at scale across the UK and Europe.…

11 months ago

BlackRock Approved to Offer Crypto Services in UK, Expanding Digital Asset Footprint

BlackRock has secured approval from the Financial Conduct Authority (FCA) to operate as a registered crypto asset firm in the United…

11 months ago

UK National Crime Agency Officer Charged Over Alleged Bitcoin Theft in 2017

A UK National Crime Agency officer has been charged with the alleged theft of 50 Bitcoin in 2017, then worth…

12 months ago