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Bitcoin ATM Arrives in Shropshire, Bitchains Plans to Continue Targeting Rural UK

The first ever Bitcoin ATM has arrived in Shropshire, U.K. The machine has been installed in the Red Lion Service Station by Church Stretton-based Bitchains. Bitchains Plans Rural Expansion Before Heading to Major Cities In what is a first for…
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No Plans to Regulate Cryptocurrency From UK Government

The recent reports regarding the crypto situation in the UK indicate that the country’s government has yet to make a formal assessment of potential consequences of the changes in the value of numerous cryptocurrencies. The Consequences…
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ECB Has No Plans to Launch Digital Currency Due to Blockchain Immaturity

The European Central Bank (ECB) is not issuing a digital currency any time soon, according to President Mario Draghi. He’s argued that the blockchain technology is not mature enough for such a level of responsibility and physical cash…
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UK Government Pilots Storage of Digital Evidence on a Blockchain

The UK Government has disclosed plans to conduct a pilot project for storing digital evidence on a blockchain. The initiative was revealed in an announcement by Balaji Anbil, Head of Digital Architecture and Cyber Security at Her Majesty’s…
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Business Owner of Crypto Generating Bike Has Accounts Frozen by Barclays and HSBC

Barclays and HSBC have allegedly blocked three accounts of a U.K.-based electric bike retailer for having traded Bitcoin for cash through a popular P2P trading platform hours earlier. The alarming situation comes five months after crypto exchange…
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UK Financial Regulator Sounds Alarm Over Yet Another Crypto ‘Clone Firm’

UK regulator the Financial Conduct Authority (FCA) has issued a second warning in a week Wednesday, August 8, over crypto-related “fraudsters” claiming to be an FCA authorized firm. According to the FCA, the rogue firm, Good Crypto, was…
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UK Financial Authority Creates Global Alliance for Fintech Innovation Collaboration

The UK Financial Conduct Authority (FCA) has announced the creation of a global initiative to improve collaboration on fintech innovations — like blockchain — between regulators and companies, according to an official August 7 press release. The…
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Coinbase Makes It Possible for Users to Buy Crypto Assets with Pound Sterling

Coinbase have announced additional support for customers using pound sterling in conjunction with their services. The leading digital asset brokerage stated that the improved functionality will allow U.K. customers to transact with greater efficiency…