Fri, November 22

UK Law Enforcement Officers Being On-Boarded in Big Crypto Firms

Officers trained by UNODC are quitting the UK Cyber-crime department. Leading crypto companies are hiring them for double or triple pay. Crypto tactical advisers trained by the UNODC are resigning from the UK forces for better financial and career opportunities in the crypto world. The major crypto companies are in

May 1, 2022 1 min read

The UK Government Working With Royal Mint Plans to Issue NFT Collection

A new ‘Royal Mint’ NFT will be issued before the end of the summer. The overall market value of NFTs plunged from $23 billion to just under $10 billion. Investors ‘flipped’ non-fungible tokens, crypto assets that represent a digital property like a photograph or video, or even virtual world land,

April 5, 2022 2 mins read

Crypto Firms in the UK Have 2 Days Left to Register With FCA

EU legislators rejected a plan to outlaw bitcoin mining in the union. The FCA mandated that crypto service providers in the UK register by March 31. If crypto firms fail to register with the Financial Conduct Authority (FCA) before a critical deadline, they might be compelled to close their doors

March 29, 2022 1 min read

Bitcoin ATMs to Shut Down in UK Following FCA Crackdown

No UK firm selling crypto-currency services has a license to run a crypto-ATM. Kevin O’Leary, a well-known investor is in favor of cryptocurrencies. Financial Conduct Authority (FCA) has declared that bitcoin ATMs in the UK would be shut down, according to a BBC report. This is because no UK firm

March 12, 2022 1 min read

Pizza Giant ‘Papa Johns’ Launches Free NFT Giveaway in the UK

NFT fans can enjoy a glimpse of the NFT universe. Limited-edition hot bags will also be sold on Depop. As part of the metaverse’s largest-ever FREE NFT giveaway in the UK, Papa John’s has launched its first collection of cool and collectible NFTs, known as non-fungible tokens. Nine pizza hot

March 8, 2022 2 mins read

UK Authorities Confiscate 3 NFTs Worth $1.9 Million Suspecting Tax Evasion

Earlier this week, the United States recovered $3.6 billion in stolen Bitcoin. Last year, NFT’s made multimillion-dollar sales at Christie’s and Sotheby’s. The UK’s tax agency seized three non-fungible tokens worth 1.4 million pounds ($1.9 million) as part of a suspected case of value-added tax fraud, the first internal legal

February 15, 2022 1 min read

British Man Loses $200K to Lady Love in Online Crypto Scam

Jia presented herself to him as having “inside information.” The lady urged Tom to keep investing in the shady software. A guy in the United Kingdom was apparently duped out of over $200,000 of his life savings by a lady he met online. After the hustle, the guy stated that

January 30, 2022 1 min read

Ethereum Ranks Second as the Most Owned Crypto in UK, Bitcoin First!

It is estimated that 32.9 percent of UK crypto owners possess Ethereum. 2,013 internet users in the United Kingdom were polled. Late in 2021, the cryptocurrency market was very volatile and experienced a drastic shift from extremes in the bigger market. Crypto users in the United Kingdom seemed to be

January 17, 2022 1 min read

FinTech Scotland Celebrates 5th Year, Showcased Remarkable Growth Since Debut

37 international fintechs have relocated to Scotland. Scotland’s fintech cluster has grown by more than 50 percent. Amid the Covid-19 epidemic, which has engulfed the UK and resulted in more than 50 events showcasing Scotland’s 200 digital and data-driven firms, the recent FinTech Scotland Festival was an inspiring reason for

January 16, 2022 1 min read

To Combat Crime, UK Authorities Seized $335 Million in Crypto

UK’s law enforcement agencies have confiscated $335 million worth of crypto. Most of the cryptocurrency seized was Bitcoin. Regulators and legislators in the United Kingdom are becoming worried about the illicit usage of cryptocurrencies in the country. Over the last five years, the UK’s law enforcement agencies have confiscated $335

January 6, 2022 1 min read