This Crypto Investor Lost Nearly $4M in Ethereum (ETH) to Armed Robbers
A cryptocurrency investor based in London has lost almost all his digital asset investments to armed robbers following a physical attack in his home. An X post by the victim,…
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UK Police Seized Bitcoin Worth Nearly $1.8B From $6.3B China Investment Fraud
A Chinese-British woman, Jian Wen, is facing charges in London for allegedly helping a fugitive, Yadi Zhang, launder Bitcoin (BTC) obtained from proceeds of a previous investment fraud that affected…
Good News for Ripple (XRP) Months Before the SEC Trial: Details
TL;DR Ripple is recruiting for key positions globally, including in London, Bangalore, and Toronto, continuing its expansion efforts. Its previous hires sparked speculation about a possible IPO, but the company’s…
These Crypto Exchanges Are Navigating New UK Rules as January 8 Deadline Nears
Several crypto exchanges are taking steps to adhere to recently imposed regulations by the UK government. These regulations require crypto entities to inform users about the risks associated with trading…
Revolut to Suspend Crypto Services for UK Business Clients: Report
Financial technology company Revolut is reportedly planning to halt cryptocurrency purchases for its business clients in the United Kingdom. As stated by Revolut, the suspension will enable the company to…
Tax services are getting pushy to have crypto declared: Law Decoded, Nov. 27–Dec. 4
Spain and Brazil are chasing cryptocurrency stored abroad, while the U.K. wants taxes paid for crypto assets that weren’t previously declared.
UK House of Commons recommends further CBDC tests on viability, risks
The U.K. Parliamentary Committee fears that an official launch will demand a significant investment, adding that “It is not clear to us at this stage whether the benefits are likely…
Coinbase Reports Threefold Surge in Law Enforcement Requests, Totalling 13,079 in 2023
The largest US-based crypto exchange experienced a threefold increase in law enforcement requests in the current year compared to 2020, as revealed in its latest transparency report. The total number…
Crypto payment firm Alchemy Pay adds SEPA deposits in Europe
Alchemy Pay has introduced new deposit options, including the euro Instant solution, SEPA Instant, and the U.K. fast money transfer option, Faster Payments.
Former British Chancellor’s crypto firm Copper launches tokenized securities platform
Copper plans to use its arm in the United Arab Emirates, Copper Securities, to capitalize on the demand of institutional investors.