Category: UK
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Cryptocurrency Card Issuer Wirex Granted E-Money License in the UK
European crypto card provider Wirex has been awarded an e-money license by the Financial Conduct Authority in the UK. The accreditation will allow the company to create e-money accounts in more than two dozen different currencies. Wirex hopes to secure similar licenses in Asia and North America. Also read: Check Which Coins You Can Spend…
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The Weekly: McAfee’s Doomed Wallet, Altcoin Panic, Binance Launches Fiat-to-Crypto
In this week’s daily editions of Bitcoin in Brief we reported on McAfee’s “Doomed” wallet, a panic in the altcoin markets, Binance’s new fiat-to-crypto platform in Liechtenstein and much more. The most commented-on article during the week covered a situation in the UK, where banks are targeting cryptocurrency owners – having their assets frozen and accounts…
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Funds Frozen, Account Closed: UK Banks Target Cryptocurrency Owners
In a chilling but sadly all-too-familiar sequence of events, UK banks have been targeting cryptocurrency owners. Individuals who have cashed out large amounts of cryptocurrency – legitimately – have had their assets frozen and accounts locked without warning, fueled by fears of money laundering and a general distrust of bitcoin. One victim even claims to…
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UK: $2.5 Million Losses in Crypto-Related Scams Reported This Summer
British police have warned the public about crypto-related fraud, revealing $2.5 million worth of losses this summer
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Barclays Sponsors Blockchain Hackathon to Explore Derivatives Contracts Processing
U.K. investment bank Barclays is sponsoring a blockchain hackathon in order to find solutions to increase the efficiency of derivatives contracts post-trade processing
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‘Be Aware’: UK Financial Regulator Sounds Alarm Over Yet Another Crypto ‘Clone Firm’
UK financial regulators focus attention on second fraud operation this week involving a crypto company claiming to be an authorized firm
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Which Countries Are Best to Start Blockchain Projects?
Some countries are far more welcoming than others when it comes to their cryptocurrency regulations and business climate. Where is the best place to start a blockchain project?
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Which Countries Are Best to Start Blockchain Projects?
Some countries are far more welcoming than others when it comes to their cryptocurrency regulations and business climate. Where is the best place to start a blockchain project?
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UK Financial Regulator Warns Investors About ‘Clone Firm’
The U.K. Financial Conduct Authority has warned investors about ‘clone firms’ which impersonate ones authorized and registered by the regulator