, , , , , ,

Ripple Joins Bitcoin and Ethereum In Gaining Regulatory Clarity in the UK

While regulatory uncertainty permeates the crypto industry currently due to the United States suddenly taking an aggressive and negative stance against the digital asset class, in the UK, Ripple (XRP) has gained sudden clarity alongside Bitcoin…
, , , ,

Still Early For Bitcoin: Most UK Consumers Can’t Define Cryptocurrency

A pair of surveys has found that over two thirds of British consumers do not even know what cryptocurrency is. Meanwhile, less than 2 percent have ever bought crypto for more than £200. Unsurprisingly, as one of the centres of global finance,…
, , , , ,

UK Bitcoin Trading Volume Hits $65 Million Average

The last three months in the United Kingdom’s bitcoin market has been no less than amazing, indicated Skew. The London-based data analytics portal revealed that the region developed a strong bitcoin trading traffic in the last 120 days. It…
, ,

UK Customs Service Postpones Blockchain-Driven Border Project Until After Brexit

Her Majesty’s Revenue and Customs (HMRC) has delayed further work on a successful blockchain project in the wake of Brexit, according to a written parliamentary statement published Feb. 7. The question about the distributed ledger project…
, , , ,

Kraken Advances U.K. Expansion With the Acquisition of Futures Platform

U.S.-based cryptocurrency exchange platform Kraken has completed the largest transaction in its history after it made its foray into the futures trading world with the acquisition of London-based Crypto Facilities. Jesse Powell, chief executive…
, , ,

B2C2 Gets Go-Ahead from U.K. Regulators to List Bitcoin Derivative

B2C2, a cryptocurrency “liquidity provider” and electronic OTC trading magnate, has recently announced that British regulators have given their U.K.-based subsidiary approval to offer the crypto space a new investment derivative. According…
, , , ,

UK Financial Regulator Releases Consultation Paper on Crypto

The United Kingdom’s financial regulator has published a consultation paper titled “Guidance on Cryptoassets” today, Jan. 23. The stated goal of the Financial Conduct Authority’s (FCA) paper on cryptocurrency is to provide more regulatory…
, , , , ,

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…
, , , , , , ,

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…
, , , , , , , , , , , , , ,

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…