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
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
Arsenal was recently called out for this practice by the ASA. The government has been reluctant to do anything about cryptocurrency. Digital investment trends like cryptocurrency and non-fungible tokens (NFTs) might face a regulatory crackdown in 2022 after mounting concerns that they could harm vulnerable young people. Football teams, players,
Floki Inu (FLOKI) is a new crypto coin launched by the members of Shiba Inu community. It is popularly known as people’s cryptocurrency as it empowers its meme culture, utility and charitability. At present, the advertising authorities of the United Kingdom are investigating the advertising blitz . Which began last
In recent months, Bitcoin acceptance has accelerated. Bitcoin, without a doubt, is on its path to becoming the most popular cryptocurrency globally, with retailers declaring that customers can pay with bitcoins and El Salvador formally accepting bitcoin as legal tender. A strange scenario with the United Kingdom Post Office has
Problems in the process of registering crypto firms. 77 new crypto firms submitted applications that are yet to review. FCA established a “Temporary Registration Regime”. Crypto firms are struggling to meet the Financial Conduct Authority’s anti-money laundering standards in the United Kingdom. The FCA had only registered five crypto businesses
