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U.K.’s Tax Authority Releases Taxation Guidelines for Local Cryptocurrency Holders
Her Majesty’s Revenue and Customs (HMRC), a non-ministerial department of the British government in charge of the collection of taxes, has published a paper highlighting the various types of fees applicable to blockchain-based virtual currencies and how cryptocurrency traders should handle their cryptos, according to a report released December 20, 2018, by the agency. дальше »
2018-12-23 03:00
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Cryptocurrency Regulation: FCA Set to Receive Expanded Mandate from UK Government
The United Kingdom government plans to give the country’s regulatory body power to oversee cryptocurrency regulation. UK Cryptocurrency Regulation Imminent According to The Guardian, the government of the UK government announced its readiness to authorize the Financial Conduct Authority (FCA) to regulate all virtual currency assets. дальше »
2018-12-21 11:46
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UK Gov’t Unveils Cryptocurrency Tax Guidelines For Individuals
Her Majesty’s Revenue and Customs (HMRC) yesterday released a policy paper, detailing cryptocurrency tax guidelines for individuals. The good news is that no new punitive tax measures apply to crypto, which essentially falls under existing taxation schemes. дальше »
2018-12-21 22:00
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Arsehole ruins Christmas after flying drone over Gatwick Airport’s runway
Flights at London’s Gatwick Airport are suspended after drones were seen flying over the runway, the BBC reports. The two drones were spotted hovering near the runway late on Wednesday night, causing flight cancellations and diversions. дальше »
2018-12-20 10:29
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UK MP: “Taxes Could Be Paid in Cryptocurrency”
On December 10, 2018, a UK Member of Parliament (MP) spoke out in favor of cryptocurrencies, calling for colleagues to educate themselves further on the technology and, suggested they could be used to pay taxes. дальше »
2018-12-12 05:00
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This London Taxi Driver Sells Cryptocurrency to Passengers
If you hail a taxi in downtown London, you could wind up paying for more than just your fare. Pseudonymous cab driver Dave Jenkins is known as the Crypto Cabbie because as he drives passengers around London he provides the ability to purchase BTC. дальше »
2018-12-12 04:35
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‘We’ll Be Right Back!’ – Signs Point to Exit Scam For Cryptocurrency Platform Cubits
Users are venting frustration at UK-based cryptocurrency wallet and exchange Cubits after the service went offline following alleged payment delays. Cubits Website Disappears Overnight Cubits, the trading name of Dooga, a company formed in London in 2014, became involved in a legal battle over allegations it was hacked earlier this year, a court ruling in the company’s favor in August. дальше »
2018-12-11 17:30
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UK Member of Parliament: MPs Have a Duty to Understand Crypto
A member of UK parliament and self-confessed cryptocurrency enthusiast has spoken in favour of the fintech innovation. Eddie Hughes, MP, believes embracing the technology could help Britain thrive in the wake of Brexit and that the public should be able to pay their taxes using Bitcoin. дальше »
2018-12-10 21:30
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Millions of Brits can’t access mobile internet as O2’s data services go down
One of the largest UK phone networks, O2, is investigating a network outage that has rendered mobile data inaccessible to the company’s 25 million customers. The issue is also impacting customers of MVNOs that piggyback on O2’s infrastructure, like GiffGaff, Tesco Mobile, and Lyca Mobile. дальше »
2018-12-6 13:48
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Errand service TaskRabbit launches in six new UK cities
TaskRabbit today announced a massive expansion to its UK operations and is now available in six new markets: Brighton, Cardiff, Coventry, Reading, Oxford, and Liverpool and Warrington. The company also plans to launch operations in Edinburgh and Glasgow by early 2019. дальше »
2018-12-6 13:15
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UK: FCA Investigations Into Crypto Businesses Have Doubled Since May
FCA (Financial Conduct Authority), UK’s Financial watchdog, has doubled the number of investigations into cryptocurrency companies to 50 since May 2018. FCA Increasingly Looking at Crypto Firms According to Top Ten accountancy firm, Moore Stephens, the Financial Conduct Authority (FCA), has doubled the number of investigations into crypto related businesses in the UK since May of this year. дальше »
2018-11-28 22:00
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Uber fined €1M for 2016 data breach by Dutch and British privacy watchdogs
The Dutch Data Protection Authority (Dutch DPA) just announced itcealed the 2016 breach for over a year, in which hackers gained access to personal data of 57 million people worldwide, such as names, email addresses, and telephone numbers. дальше »
2018-11-27 13:16
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UK’s FCA Investigates 50 Firms Suspected of Unlicensed Crypto Operations
The number of complaints relating to crypto assets received by the U. K. ’s Financial Conduct Authority (FCA) has risen sharply during the 2018 bear market. FCA Currently Investigating 50 Cryptocurrency Firms People rarely call foul play during a bull market. дальше »
2018-11-27 02:00
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Trade.io Acquires Primus Capital Markets to Offer BTC-Backed Forex Trading
Trade. io, a cryptocurrency exchange and investment company, has acquired British brokerage firm Primus Capital Markets Ltd for an undisclosed amount. The new subsidiary is to start trading foreign currency using digital assets as base currency under a new name, TIO Markets. дальше »
2018-11-9 04:30
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UK Government Moots Ban on Cryptocurrency Derivatives
The U. K. government is considering a ban on cryptocurrency-linked derivative products. The Financial Conduct Authority said in a report on Oct. 29 that it will begin consultations on whether to ban the sale of derivatives based on digital coins like BTC as well as to restrict crypto-based contracts of difference to the public. дальше »
2018-10-31 00:00
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UK Crypto Regulations Could Backfire Due to Its Generalization of All Digital And Financial Assets
In 2018, there was a report that Bitcoin could be used as a volatility index (vix) for determining the prices of other cryptocurrencies. However, some major players in the cryptocurrency space in the United Kingdom,(UK) are of the opinion that such position could make the regulation of the cryptocurrency space imbalance since most coins and […] The post UK Crypto Regulations Could Backfire Due to Its Generalization of All Digital And Financial Assets appeared first on ZyCrypto. дальше »
2018-10-31 22:54
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UK Financial Watchdog Mulls Ban on High Risk Crypto Derivatives
The Financial Conduct Authority (FCA) is eyeing a potential ban on the sale of cryptocurrency derivatives, the Financial Times reported. The UK financial watchdog said that it would begin discussions in the first quarter of the next year on whether it would go ahead with the proposed ban on crypto-based difference, futures, and options. дальше »
2018-10-30 14:00
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Report Warns MPs That Regulations Could Threaten UK’s Crypto Market
A report has warned U. K. MPs to thread carefully when creating regulations to govern the nation’s digital currency sector. The document is in response to plans made by MPs to place the U. дальше »
2018-10-30 00:00
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UK Fintech Industry Slams Govt’s ‘Blunt Instrument Approach’ To Cryptocurrency
The UK could compromise its fintech sector with “very blunt instrument” regulation currently under consideration, a new report from several industry entities warns. ‘Ashamedly Geared Around Bitcoin’ As local news outlet the Telegraph reports October 29, the report criticizes plans to award more power to regulator the Financial Conduct Authority (FCA) and says treating all cryptoassets in the same way as Bitcoin was counterproductive. дальше »
2018-10-29 19:00
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Facebook fined 0.001% of its 2017 revenue for Cambridge Analytica scandal
One of 201800 — was issued by the UK Information Commissioner‘s Office today and cements the initial ruling in July, the Guardian reports. It doesn’t take a genius to work out that the fine is pocket change for the social media giant. дальше »
2018-10-25 17:12
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Uber unveils its
Uber has over 45,000 drivers in London, making the company a ubiquitous feature on the citysimilar last year. The most significant change is the scale of the program. For example, starting from next year, the company plans to charge riders a 15p per mile “clean air” surcharge, the entirety of which will go… This story continues at The Next WebOr just read more coverage about: Uber дальше »
2018-10-23 14:02
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UK puts on misleading robot puppet-show in Parliament
The UK’s Parliament recently decided to question an actual robot about artificial intelligence. This might sound like a good idea on paper, but considering there aren’t any sentient robots, it’s a lot like asking a toaster oven to testify on the State’s nutrition program. дальше »
2018-10-17 22:48
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Coinbase Announces New Office in Ireland as Brexit Woes Deepen
A new blog post published by the US-based cryptocurrency exchange, Coinbase, announced plans to open a new office in Dublin, Ireland. Coinbase Expands to Dublin Amid Brexit Woes Coinbase, which is one of the largest cryptocurrency exchanges in the world, already has a number of employees in Europe. дальше »
2018-10-16 14:00
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London’s LBX Launches Solution for Bank-Shunned Crypto Companies
Cryptocurrency businesses that have faced difficulties in securing banking services in the UK now have a new option. LBX has launched a new service offering access to an account where clients can store, manage and transfer both their fiat currency and cryptocurrency holdings. дальше »
2018-10-11 03:20
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UK’s Coinfloor Bitcoin Exchange to Slash Most of its Employees
The UK’s oldest bitcoin exchange Coinfloor is about to slash its staff numbers in a blow to bitcoin as well as London’s blooming cryptocurrency industry, Financial News reported on October 8, 2018. дальше »
2018-10-9 03:00
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Amazon is reportedly looking for retail space for its first UK cashierless supermarkets
A report in the Sunday Times newspaper says Amazon is currently looking to acquire a “significant number” of retail locations in the UK. These would most likely be used to bring its cashierless Amazon Go supermarkets to the British high street. дальше »
2018-10-8 00:48
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Can Blockchain Solve Brexit Border Woes? UK Finance Minister Believes So
Phillip Hammond, the U. K. finance minister, stated yesterday that blockchain technology could help smooth trade across the Irish border after the U. K. leaves the European Union. However, Hammond is the first to admit that he has no idea what he is talking about. дальше »
2018-10-3 22:00
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New Stablecoins: From Cryptopound and Metal-Backed Swiss Coin to Mongolian ‘Candy’
Following some notable premiers in the genre recently, the next batch of stablecoins is on the way. A British startup is partnering with a bank to launch a GBP-pegged crypto, a Swiss commodities trader wants to mint a coin backed by metals, and a Mongolian telecom has been licensed to issue the country’s first digital […] The post New Stablecoins: From Cryptopound and Metal-Backed Swiss Coin to Mongolian ‘Candy’ appeared first on Bitcoin News. дальше »
2018-9-29 21:30
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Major US Crypto Exchange Gemini to Expand to UK, Improvement For Europe
For many years, the crypto exchange market of Europe has lagged behind the US, Japan, and South Korea in terms of infrastructure, regulation, security, and liquidity. According to FT, two sources close to Gemini have stated that the major US-based crypto exchange has hired advisers to consult the company in the process of expanding into. дальше »
2018-9-24 11:06
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Brexit Britain Can’t Rope-In Crypto Cowboys Alone
Bloomberg contributor Lionel Laurent believes that Brexit Britain needs to get serious about regulating the crypto industry. Yet, he’s skeptical it can be done alone. It’s clear from a September 21st Bloomberg article that regulation-cozy Lionel Laurent believes crypto regulation needs to be an international effort. дальше »
2018-9-22 05:00
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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 the county of Shropshire, a Bitcoin ATM has been installed at a petrol station in. дальше »
2018-9-22 01:30
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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. дальше »
2018-9-17 16:30
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UK Meds Signs Deal with Stratis to Use Blockchain in Online Pharmacy Industry
A major U. K. -based online pharmacy has partnered with Stratis to bring the benefits of blockchain to the industry. UK Meds believe that using the Stratis platform to track patient records will improve security and stop people claiming multiple prescriptions. дальше »
2018-9-11 04:00
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Kucoin Expands Into Australia After $3M Bitcoin Australia Deal
Kucoin is expanding into Australia after it agreed to invest $3 million in Bitcoin Australia. The deal is seen as a win-win for both cryptocurrency exchanges, each seeking to expand into its own direction – Kucoin establishing a niche in the rapidly growing Australian market. дальше »
2018-9-11 14:25
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Wonga: a premature but overdue eulogy
Wonga, the company once dubbed by UK lawmakers as a “legal loan shark” is in dire straits, and is almost certain to enter administration. In preparation for this delightful and long overdue event, we went ahead and wrote it a eulogy: Wonga, fintech loan shark, is dead at 12. дальше »
2018-8-28 15:08
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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 Coinbase opened a bank account with Barclays. дальше »
2018-8-25 00:00
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Research from Stripe shows Brits love Apple Pay; hate tipping
Research from hugely popular payment platform Stripe has shone a light on the payment preferences of British consumers, especially compared to their American cousins. It doesn’t paint a positive light on UK punters, who are reportedly too lazy to key in their payment information, and are loath to tip their Uber and Deliveroo drivers. дальше »
2018-8-20 16:59
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The Weekly: McAfee’s Doomed Wallet, Altcoin Panic, Binance Launches Fiat-to-Crypto
In this week’s daily editions of Bitcoin in Brief we reported on McAfee’s “Doomed” wallet, a panic in the altcoin markets, Binance’s new fiat-to-crypto platform in Liechtenstein and much more. дальше »
2018-8-19 12:25
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Funds Frozen, Account Closed: UK Banks Target Cryptocurrency Owners
In a chilling but sadly all-too-familiar sequence of events, UK banks have been targeting cryptocurrency owners. Individuals who have cashed out large amounts of cryptocurrency – legitimately – have had their assets frozen and accounts locked without warning, fueled by fears of money laundering and a general distrust of bitcoin. дальше »
2018-8-17 16:10
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Nano (NANO) Updates: $5,750 Treasure Hunt in London and Amazing NANO Community Efforts
On the 7th of August, the London Block Exchange (LBX) teamed up with NANO to offer the first paring of Nano (NANO) with the GBP (British Pound). The LBX exchange allows users to also access their UK bank accounts in an efficient manner. дальше »
2018-8-10 12:30
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UK Financial Authority Seek To Promote Blockchain Growth with Global Alliance
Collaboration between regulators and companies with regards to fintech innovations like blockchain technology is expected to improve after the UK Financial Conduct Authority (FCA) announced the launch of a new global initiative. дальше »
2018-8-8 11:25
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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. дальше »
2018-8-3 00:30
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Study: Only 5% Of U.K. Crypto Investors Turn A Profit
Despite the seemingly endless supply of stories of investors making millions of dollars through cryptocurrencies, a recent report from a U. K. -based news source seems to tell a different story. As per an article from Express U. дальше »
2018-7-31 09:03
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Capital Goods Giant CNH Industrial Partners With IBM on Long-Term Blockchain Upgrade
IBM Blockchain will be used by CNH Industrial to update supply chain and other areas
дальше »2018-7-27 18:08
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UK Emerges As A Hub For Blockchain Tech
As blockchain technology continues to evolve and expand throughout the world, some countries are establishing themselves as world leaders in the blockchain and cryptocurrency industries. A few examples are Switzerland, China, Japan, and even the United States. дальше »
2018-7-25 17:19
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This startup wants to change how renters pay for deposits
For lots of people, moving apartments is hampered by difficulties in scraping together a security deposit. If you’re living paycheck-to-paycheck, this can be unbelievably hard. One insurtech startup trying to change how deposits work is Reposit, which replaces the traditional six-week’s deposit with an insurance bond. дальше »
2018-7-24 09:00
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Peter Gabriel, Former Genesis Frontman, Invests in Blockchain Startup for Food Transport
Former Genesis frontman Peter Gabriel has invested in British blockchain startup Provenance, whose goal is to improve food transport with blockchain
дальше »2018-7-19 07:43
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UK Urged To Name Chief Blockchain Officer
A British politician has called for the creation of a Chief Blockchain Officer to oversee the implementation of Distributed Ledger Technology (DLT) in the UK Government. In a research paper, the Conservative Member for Walsall North, Eddie Hughes, argued blockchain would lead to greater efficiency and security in the running of government departments, potentially leading […] The post UK Urged To Name Chief Blockchain Officer appeared first on Crypto Briefing. дальше »
2018-7-18 20:58
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The Daily: Report Sees UK as Crypto Leader, Jersey Adopts ICO Rules
The United Kingdom has what it takes to become a true leader in the crypto space, according to a new report covered in today’s Bitcoin in Brief. Also in The Daily, the British Crown dependency of Jersey has adopted new requirements for ICO projects to better protect participating investors, Malta now has a two-way bitcoin […] The post The Daily: Report Sees UK as Crypto Leader, Jersey Adopts ICO Rules appeared first on Bitcoin News. дальше »
2018-7-18 14:25
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Report Shows the UK may Lead the Crypto Economy
According to a report from the Big Innovation Centre, DAG Global, and Deep Knowledge Analytics, Britain has all the necessary resources, the government support, and the industrial will to lead the cryptocurrency and blockchain movement in the next few years. дальше »
2018-7-18 08:00
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