The crypto market is surging today, driven by growing optimism around global trade developments and a supportive macroeconomic backdrop. The total crypto market capitalization jumped 3.21% to reach $3.1 trillion, while 24-hour trading volume soared 47.10% to $119.1 billion. Bitcoin (BTC) surged past $99,000, hitting $99,415, as bulls aim for
Lomond School in Scotland will become the first educational institution in the UK to accept Bitcoin for tuition payments. The new policy begins in the Autumn semester of 2025. The move reflects the school’s push to stay ahead in financial innovation and digital currency adoption. The school said it aims
BlackRock is now a registered crypto asset firm approved by the Financial Conduct Authority (FCA) in the UK, with permission to allow the world’s largest asset manager to facilitate ETP transaction transfers by means of iShares Digital Assets AG. The approval granted by the FCA allows BlackRock to act as
UK officials have frozen nearly $7.7 million (£6 million) worth of illicit crypto assets in one year. The crackdown follows new powers granted to law enforcement in April 2024. These powers allow the National Crime Agency (NCA) and police to freeze, seize, and destroy crypto linked to crime. The biggest
An investment executive has called on the UK government to impose a tax on cryptocurrency purchases. Lisa Gordon, chair of investment bank Cavendish, believes this move could encourage more Britons to put money into domestic equities instead. She shared her views in an interview with The Times on March 23.
A UK National Crime Agency (NCA) officer has been charged over the alleged theft of 50 Bitcoin (BTC) in 2017. The stolen BTC was worth around £60,000 ($77,400) at the time. Today, it is valued at approximately £3.2 million ($4.2 million). Paul Chowles, 42, from Bristol, faces 15 criminal charges.
With DeFi under development and the sector spearheading regulatory reforms, members are quite content with the current action. However, the sector seems to lack the significant, mind-blowing instances it is usually known for. Within the regulatory realm, today’s focus is stablecoins. Fox reporter Eleanor Terrett shared a discussion draft from
The Financial Conduct Authority (FCA) has granted Coinbase its UK Virtual Asset Service Provider (VASP) registration. According to the press release, the exchange will now be able to offer crypto and fiat services to UK users under the UK’s regulations. This milestone makes Coinbase the biggest FCA-registered crypto exchange in
Gang Jailed for Kidnapping and Extorting Crypto Investor Seven members of a UK gang were handed jail sentences for kidnapping crypto investor, torturing, and extorting a cryptocurrency investor. The victim was attacked numerous times over several months to have around £100,000 ($124,152) transferred in crypto. The nightmare began in January
The United Kingdom’s Treasury has enacted a change in its regulation of cryptocurrency. It has announced the amendment to the Financial Services and Markets Act 2000 (FSMA) to exclude crypto staking from being classified as part of collective investment schemes (CIS). This rule will become effective on January 31, 2025.
