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Category: UK Crypto

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  • UK Crypto
4 of Brits think crypto is a woke thing Gen
November 14, 2022 No Comments

4% of Brits think crypto is a “woke” thing Gen Z loves

One of the greatest barriers to entry for cryptocurrency is undoubtedly comprehending it.  Blockchain technology is difficult to get one’s head around. It has only been around since 2009, so it can also be difficult sometimes to find good resources

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One in three Brits now own crypto
November 3, 2022 No Comments

One in three Brits now own crypto

One in three Brits now own crypto We published a piece recently outlining how British interest in cryptocurrency has fallen 82% this year.  We also mentioned, however, that there was a positive spin coming out of all the data: “(The

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August 17, 2022August 29, 2022 No Comments

UK’s FCA grants Crypto.com a crypto asset business license

Crypto.com has recently been approved or registered in Singapore, UAE (Dubai), Italy, South Korea and Canada among other jurisdictions. Cryptocurrency exchange Crypto.com has yet secured another regulatory approval as it continues its global expansion. On Wednesday, the exchange announced it

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July 29, 2022August 4, 2022 No Comments

England FA is looking to launch it own NFT platform

The Football Association (FA) says its NFTs will be based on the Three Lions and Lionesses teams. England’s national football governing body, the FA (Football Association) has announced plans to launch a non-fungible token (NFT) platform. The England soccer governance

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July 14, 2022July 19, 2022 No Comments

Millicent conducts the world’s first FRDC test

Millicent has become the first entity in the world to carry out a test of a full-reserve digital currency.  Millicent, a distributed ledger fintech company co-funded by the UK government’s R&D department, announced on Thursday, July 14th, that it has

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June 22, 2022June 22, 2022 No Comments

Tether set to launch British Sterling Pound pegged stablecoin

Tether has remained upbeat in its bit quest to expand its market presence amid the crypto market turmoil. Days after launching the offshore Chinese Yuan pegged stablecoin, Tether is set to launch a new stablecoin pegged on the British Sterling

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June 18, 2022June 19, 2022 No Comments

Bitcoin miner jailed for stealing electricity worth £32,000

Sanjay Singh pleaded guilty and received a prison sentence of 13 months A UK court has jailed a Bitcoin miner arrested for stealing electricity estimated to be worth around £32,000, which the prosecution said he used to mine the cryptocurrency.

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June 18, 2022June 18, 2022 No Comments

Plum app secures $14 million as it eyes expansion

The firm hopes to raise a total of $24 million in funding to expand across Europe UK-based investment app Plum has raised $14 million as part of its series A funding round, according to a press release shared on Friday.

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June 18, 2022June 18, 2022 No Comments

UK police warn staying online exposes users to crypto fraud

The sum of money lost in reported incidents of crypto fraud so far has increased by 30% compared to last year’s figures The first nine months have seen a surge in crypto fraud incidents in the UK according to a

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June 18, 2022June 18, 2022 No Comments

ASA says Arsenal’s crypto fan token ads broke advertising rules

Fan Tokens have been on the rise with the involvement of clubs across the five major European leagues English Premier League Club Arsenal has been found at fault by UK advertising watchdogs for flouting regulations, as it pushed adverts promoting

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June 18, 2022June 18, 2022 No Comments

Crypto not suitable for retail investments, Lord Hammond says

Lord Hammond cautioned that crypto is not as suitable an investment for retail investors Former British Chancellor of the Exchequer, Lord Philip Hammond, has reportedly warned potential investors to be very cautious about investing in cryptocurrencies. Speaking to The Mail

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June 18, 2022June 18, 2022 No Comments

GlobalBlock and PSN partner to advance crypto adoption in sports

GlobalBlock becomes Premier Sports Network (PSN)’s official digital asset partner The collaboration will see GlobalBlock get access to leading sports personalities and clubs, with an excellent opportunity to promote the adoption of crypto in the sports industry. GlobalBlock UK, a

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June 17, 2022June 18, 2022 No Comments

FCA warns crypto firms shorty after Bitpanda-Trustology deal

The UK regulator says it has powers to cancel the registration of a crypto business if it’s found not to be compliant with set requirements. Bitpanda announced the acquisition of DeFi custodian firm Trustology on Tuesday morning. UK’s financial regulator,

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June 17, 2022June 17, 2022 No Comments

Manchester NFT Startup raises $4.85M In Series A Round

Crypto VCs Sanctor Capital and GBV co-led the funding round The Manchester start-up plans to use the funds to innovate and build an NFT platform that allows for a democratised access and usage by artists and collectors. UK-based non-fungible token

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