Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Crypto scammers continue to believe they can get away with their dirty tactics. Two residents of Greater London have been sent to prison after swindling more than £1.54 million—about $2.1 million—from at least 65 people. Sentences of over five years for Raymondip Bedi and […]
2 Londoners Get 12 Years For $2M Scam Read More »
Two residents of Greater London have been sentenced to over a decade behind bars after they defrauded dozens of investors of over $2 million in a years long crypto scheme, a new press release from the Financial Conduct Authority (FCA) states. Crypto Conmen Sent To Jail According to the UK Financial watchdog’s Friday press release,
London Duo Jailed for $2 Million Crypto Scheme Read More »
The Bank of England (BOE) is considering a proposal that would restrict UK banks’ exposure to crypto by 2026. Speaking at the Risk Live Europe event in London on Wednesday, the central bank executive director, David Bailey, noted that the UK’s upcoming rules would be more on the “restrictive end.” He specified that banks would
UK Wants Banks to Have Less Exposure to Crypto by Next Year – Here’s Why Read More »
Key Takeaways: The UK’s Financial Conduct Authority (FCA) has released new regulatory proposals targeting stablecoin issuers and crypto custody providers. Public consultation is open until July 31, 2025, with final rules expected in 2026. The FCA is working closely with the Bank of England, which will oversee stablecoins operating at a systemic scale. The United
UK’s FCA Seeks Public Feedback on New Stablecoin and Crypto Custody Rules Read More »
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Coinbase is facing a new class action lawsuit claiming that investors suffered significant losses over the years due to the crypto exchange’s “omissions,” which have affected the company’s stock price. Coinbase Accused Of Key ‘Omissions’ Last week, a Coinbase investor filed a
Coinbase Faces New Lawsuit Following $400M Data Breach Read More »
The United Kingdom’s Financial Conduct Authority (FCA) is seeking public feedback on key aspects of the crypto industry, including staking, lending, borrowing, intermediaries, and decentralized finance (DeFi). The request was published Friday in a newly released discussion paper, part of a broader effort to shape the country’s future crypto regulatory framework. UK Treasury Drafts Crypto
UK’s FCA Seeks Public Input on Staking, Lending, and DeFi in New Discussion Paper Read More »
