The UK government is preparing to offload billions of pounds worth of seized Bitcoin, as pressure mounts on Chancellor Rachel Reeves to plug a widening budget gap. Key Takeaways: The UK government is planning to sell over £5 billion in seized Bitcoin to help ease fiscal pressures. A centralized framework is being developed to manage […]
UK Home Office Plans to Sell $7 Billion in Seized Bitcoin: The Telegraph Read More »
Amid rising concerns that foreign powers could exploit untraceable cryptocurrency to sway British politics, UK Cabinet Office Minister Pat McFadden has called for election officials to consider banning political donations made in digital currencies. Key Takeaways: UK minister Pat McFadden has asked for a review of crypto political donations. Campaigners warn that unregulated crypto donations
UK Minister Urges Ban on Crypto Political Donations Over Foreign Influence Fears 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 »
A wave of London-listed companies is jumping on the Bitcoin bandwagon, aiming to boost share prices and mirror the success of Michael Saylor’s Strategy. Key Takeaways: At least nine UK-listed firms have announced Bitcoin treasury plans in the past week. Companies like Tao Alpha, Smarter Web Company, and Panther Metals saw share prices soar after
Nine UK-Listed Companies Embrace Bitcoin Treasury Strategy Amid Global Trend Read More »
Liverpool has been crowned the UK’s new crypto capital, topping the charts for digital asset engagement in a nationwide study of online habits. Key Takeaways: Liverpool leads the UK in crypto and stock market engagement, with 13% of residents actively investing. Regional online habits vary widely, with London favoring dating apps and Sheffield dominating TikTok
Liverpool Named UK’s Crypto Capital as Residents Lead in Bitcoin and Stock Investing Read More »
The Smarter Web Company, a UK-listed technology firm, announced the acquisition of an additional 45.32 BTC as part of its ongoing treasury policy of acquiring Bitcoin outlined in “The 10 Year Plan.” While the company’s Bitcoin accumulation strategy is still in its early stages, having just begun purchasing BTC in April earlier this year, its
Publicly Traded UK Firm Buys 45 BTC Amid Peak Market Greed at 71 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 »
Key Takeaways: The UK’s draft crypto rules seeks to curb scams and protect consumers by bringing exchanges and dealers under stricter financial regulation. The government is also exploring a cross-border sandbox with the United States to promote international cooperation and innovative oversight of digital assets. This approach seeks to position the UK as both a
UK Unveils Draft Crypto Rules to Curb Scams, Eyes Cross-Border Sandbox With US Read More »
