Coinsilium Group Limited has announced that its wholly owned subsidiary, Forza Gibraltar Limited, has increased its bitcoin holdings to 112.0009 BTC following a recent acquisition of 10.2489 BTC at an average purchase price of £89,765.73 ($120,826.51) per bitcoin, totaling approximately £920,000 ($1,238,000). This brings the aggregate average purchase price of Forza’s bitcoin holdings to £81,710.15 […]
The UK Home Office is preparing to sell a massive stockpile of bitcoin seized from criminals, potentially netting the Treasury billions to address budget pressures, The Telegraph reported this weekend. United Kingdom’s Home Office Prepares Major Sale of Confiscated Bitcoin The haul of forfeited bitcoin (BTC), estimated to be worth billions, includes approximately 61,245 BTC
Report: UK Moves to Sell Billions in Confiscated Bitcoin Assets Read More »
The Smarter Web Company PLC, a London-listed technology firm, has announced the purchase of an additional 325 bitcoin, increasing its total holdings to 1,600 BTC as part of its ongoing treasury policy outlined in “The 10 Year Plan.” The recent acquisition, totaling £27,145,693 at an average price of £83,525 ($112,157) per bitcoin, reflects the company’s
Andrew Bailey, Governor of the Bank of England, warned about the dangers of banks issuing stablecoins, stating that they would remove money from the banking system. His stance contrasts with that of the Trump administration, which views stablecoins as a tool to extend dollar hegemony. Bank of England Governor Warns About Banks Issuing Stablecoins Stablecoins
Bank of England on a Collision Course With the US: Banks Should Not Issue Stablecoins Read More »
Administrators of a collapsed UK-based crypto firm have identified a $2.7 million shortfall, increasing the risk of total investment loss for some customers. Management Accused of Misappropriating Customer Funds Administrators for Ziglu, the collapsed United Kingdom-based crypto firm, have reportedly uncovered a shortfall of $2.7 million (£2 million), raising the likelihood that investors may lose
Collapsed UK Crypto Firm Ziglu Reveals $2.7M Shortfall, Imperiling Investors Read More »
Institutional investors across the EU and UK are significantly increasing their cryptocurrency allocations, with 86% planning to boost holdings or enter the market in 2025, according to a Coinbase and EY-Parthenon survey of 97 institutions. DeFi Engagement Set to Jump 2.5x in European Institutions Half of respondents intend to allocate over 5% of their assets
EU and UK Crypto Allocations Surge: Half to Devote 5%+ of AUM by 2025 Read More »
The United Kingdom’s tax authority will implement new regulations starting January 1, 2026, requiring crypto asset users to provide tax identification numbers and other personal information to service providers. Streamlining Tax Assessments and Penalties The United Kingdom’s tax authority, His Majesty’s Revenue and Customs (HMRC), has announced new regulations that will require crypto asset users
HMRC to Require Crypto User IDs for Tax Starting 2026 Read More »
The Smarter Web Company PLC (AQUIS: SWC | OTCQB: TSWCF | FRA: 3M8), a London-listed technology firm, has announced the purchase of an additional 226.42 bitcoin as part of its ongoing treasury policy outlined in “The 10 Year Plan.” The bitcoin was acquired at an average price of £78,932 per bitcoin (approximately $107,726), totaling £17,871,846
The Smarter Web Company Acquires 226.42 Bitcoin, Total Holdings Reach 1,000 BTC Read More »
Starting June 27, Barclays will prohibit cryptocurrency transactions using Barclaycard credit cards, citing risks associated with purchasing cryptocurrencies. Barclays Cites Cryptocurrency Volatility Effective June 27, Barclays clients will no longer be able to conduct cryptocurrency transactions using Barclaycard credit cards. The bank stated it made this decision because “there are certain risks with purchasing crypto-currencies.”
Crypto Crunch: Why One of Britain’s Biggest Banks Is Saying No to Digital Assets Read More »
U.S. and U.K. regulators are accelerating unified oversight of digital assets, stablecoins, AI in finance, and cross-border innovation, reshaping global markets and fortifying financial stability. US-UK Power Bloc Moves Aggressively on Digital Assets and Global Financial Stability The U.S. Department of the Treasury issued a Joint Statement on the U.S.-U.K. Financial Regulatory Working Group on
Top Regulators Forge US-UK Alliance to Oversee Digital Assets Read More »
