#UK News

eToro Ties Up With Everton FC as ‘Online Trading Partner’

August 2, 2019 by Ashwath Balakrishnan at Business

Everton Football Club and eToro have announced a partnership, granting eToro further global exposure through the football clubs marketing assets and a solid presence at Goodison Park - Everton's stadium. eToro has emerged as one the largest digital asset exchanges, giving customers the option to invest in cryptocurrencies like Bitcoin,...

A man with a big magnet collecting delicious cryptocurrencies

Small Nations Attracting Crypto Startups with Amenable Regulations

July 29, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

While large nations like the United States, the United Kingdom, and others are still sitting on the fence in terms of cryptocurrency regulations, smaller nations such as Malta, Belarus, Bahrain, and others have implemented clear cut guidelines for bitcoin-linked businesses, making these regions a hotbed for startups, reports Reuters on...

Fraudsters Impersonate United Kingdom’s FCA in Bitcoin Email Scam

July 24, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin

The Financial Conduct Authority (FCA), the top financial watchdog of the United Kingdom, has warned crypto enthusiasts of a scam email that has been impersonating it in a bid to lure unsuspecting investors into investing in a fake bitcoin (BTC) investment scheme, reports FT Adviser on July 22, 2019. Scam...

British MP Wants to Probe Facebook’s Libra Cryptocurrency

July 23, 2019 by Osato Avan-Nomayo at Altcoins

A member of the British Parliament wants to probe Libra over concerns user data privacy. The news comes following similar legislative appearances before the U.S. Congress and adds to the growing negative sentiments around the project from across the globe. This according to a report from Financial News, July 22,...

PayPal Set to Challenge Blockchain-Based Payments with Xoom

July 17, 2019 by Ogwu Osaemezu Emmanuel at Finance

PayPal, the global payments giant, has announced that its Xoom payments and remittance solution will soon go live in the United Kingdom and 31 markets across the world, reports PYMNTS on July 15, 2019. PayPal Extends Xoom's Reach In a bid to remain relevant in a world where cryptocurrency and...

TokenMarket billboard green tokens coins

TokenMarket Security Token Offering Reaches Funding Goals in 48 Hours

July 14, 2019 by Edoardo Vecchio at Business

On July 12, digital asset crowdfunding platform TokenMarket announced that it's security token offering (STO), anticipated earlier this year, has reached its funding goal only after 48 hours from the opening. The token sale is set to close on July 22. Successful Round for TokenMarket TokenMarket, a digital asset crowdfunding...

Russia Wont Ban Facebook’s Libra Cryptocurrency

July 5, 2019 by Ashwath Balakrishnan at Altcoins

Ever since the announcement of Libra, it has been the hottest topic of discussion amongst cryptocurrency enthusiasts, banks, tech companies, and regulators. As Europe and the USA struggle to come to terms with Libra, Russia is surprisingly calm on the issue, even confirming that the country doesn't plan to ban...

Big Ben Made out of Sand with Coins Sticking out of Sand Box

UK to Limit Leverage for Retail Crypto CFD’s, Potential Ban in the Works

July 3, 2019 by Ashwath Balakrishnan at Regulation

As per an official document published by the UK's Financial Conduct Authority (FCA) has revealed that the UK will move to push measures that protect retail investors from magnified losses in a hyper-volatile cryptocurrency market, July 2, 2019. New Measures to be Enforced In December 2018, the FCA published a...

Europol Arrests Six in $27 Million Cryptocurrency Phishing Scheme

June 26, 2019 by Ashwath Balakrishnan at Crime, News

Six people have been arrested in the UK and Netherlands for running a phishing scheme that targeted cryptocurrency users through a method called typosquatting. In a press release issued June 25, 2019, Europol revealed the arrests were made based on intelligence and cooperation between English and Dutch authorities. Elaborate Phishing...

U.K Brokerage Firm TP ICAP to Trade Bitcoin Derivatives

June 19, 2019 by Aisshwarya Tiwari at Bitcoin, News

According to a Bloomberg article published on June 17, 2019, financial services firm TP ICAP is set to enter the cryptocurrency industry starting with offering cash-settled futures contracts on the Chicago Mercantile Exchange (CME). Another Finance Firm Forays into the Crypto Industry As bitcoin (BTC) looks to regain its lost...

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