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# U.K News

December 31, 2018 by at Blockchain, Business, News, Platform
Visa as just announced it is buying British cross-border payments processor firm Earthport, for £198 million, reported Reuters on December 27, 2018.  Earthport Acquisition Visa Inc (V.N) has announced it is buying Earthport Plc (EPO.L), a British company enabling cross-border transactions for banks and financial businesses using the blockchain technology....
The Cryptoassets Taskforce consisting of the HM Treasury, Financial Conduct Authority (FCA), and the Bank of England recently released a Cryptoassets Final Report on October 29, 2018. According to the U.K. Government, the report provides a high-level overview of the U.K.’s regulatory approach to cryptocurrencies and distributed ledger technology (DLT)...
October 11, 2018 by at Blockchain, Business, Finance, News, Tech
United Kingdom-based telecom regulator Ofcom has received 700,000 Sterling Pounds (nearly $1 million) from the Department of Business, Energy and Industrial Strategy to explore how landline numbers can be better managed using blockchain technology. Porting Issues to Disappear With Blockchain Tech According to a press release issued by the regulator,...
September 25, 2018 by at Bitcoin, Business, Exchange, News, Tech
Tyler and Cameron Winklevoss are considering moving their New York-based cryptocurrency exchange Gemini to the U.K, reported Forbes on September 24, 2018.  Winklevoss Crypto Push While Bitcoin and the outlying constellation of cryptocurrencies have experienced a turbulent 2018, the Winklevoss twins, of Facebook fame, are maintaining a positive outlook on the...
September 20, 2018 by at Altcoins, Bitcoin, News, Regulation
British lawmakers mentioned on September 19, 2018, that the cryptocurrency market needs urgent regulations. The Government should take action to protect retail investors from volatile prices, technical vulnerabilities, and position U.K. to become a global leader in the cryptocurrency industry, given its position as a financial hub. Lack of Comprehensive...
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