The UK government has recently introduced a bill to Parliament intending to establish a clear legal framework for digital assets, including cryptocurrencies, non-fungible tokens (NFTs), and...
The UK’s financial regulator has charged Olumide Osunkoya, a 45-year-old man from London, for operating a network of illegal cryptocurrency ATMs. This is the first time...
The UK’s Financial Conduct Authority (FCA) recently announced that more than 87% of cryptocurrency registration applications were rejected in its latest review. The report showed that...
The growing influence of Artificial Intelligence (AI) in society has prompted English and Welsh judges to embrace AI for basic tasks, with the latest guidance allowing...
Crypto.com has achieved authorization as an Electronic Money Institution (EMI) from the United Kingdom’s Financial Conduct Authority (FCA). This latest regulatory approval, following Crypto.com’s FCA registration...
Nigeria, represented by NITDA, has joined forces with 17 other nations to adopt the latest AI guidelines developed by the UK. This collaboration comes a few...
Gemini is restricting its UK users to sending virtual assets to 58 providers. Concerns arise over the measures conflicting with Bitcoin’s principles. In a recent announcement,...
In a groundbreaking announcement made at the AI Safety Summit, the United Kingdom, in collaboration with global partners, has unveiled a £80 million initiative to fund...
Binance has announced a change in its operations for UK users following regulatory adjustments from the UK Financial Promotions Regime. According to the crypto exchange, the...
A bipartisan parliamentary committee in the United Kingdom has called on the government to safeguard the rights of creators in the face of copyright issues related...
The Financial Conduct Authority (FCA) mandates most financial firms in the UK to be authorized or registered with them. However, certain firms continue to operate without...
Banking giant Chase has announced that it will prohibit U.K. clients from making crypto-linked payments via debit card or outgoing bank transfer, effective October 16. In...
Cryptocurrency exchange, Bybit, has announced the suspension of its services in the UK market due to new regulations. Bybit has taken a proactive stance toward compliance...
In a surprising turn of events, London-based credit card processing company Checkout.com has severed its contract with cryptocurrency giant Binance. This decision comes as a result...
In a bid to foster financial dialogue and cooperation, the United Kingdom and Singapore have come together to work on the development and implementation of global...
In a coordinated effort to stop money laundering and illegal activity in the cryptocurrency industry, the Financial Conduct Authority (FCA) and other law enforcement agencies have...
Mastercard has taken the initiative to utilize AI technology to assist its clients, particularly banks, in combating online scams. The payment giant claims that its AI...
In a significant development for the cryptocurrency industry, the United Kingdom has passed a landmark bill officially recognizing cryptocurrencies as regulated financial activities. The decision comes...
Welcome to our weekly news update on the ever-changing world of cryptocurrency. In this edition, we bring you the latest developments and partnerships that are shaping...
