Materials by tag UK

Nov 07, 2019 at 08:35
UK’s Tax Authority Rejects Recognizing Bitcoin as Money
The emergence of new forms of money, including bitcoin and other digital currencies, has been embraced by various groups of people, businesses and governments across the world and this has triggered global financial regulatory watchdogs to start formulating and amending their rules and regulations concerning cryptocurrencies.
Oct 11, 2019 at 11:10
Bank of England Gives Green Light to Libra Cryptocurrency
The Bank of England (BoE) has come out to embrace Facebook’s digital currency project Libra despite the recent criticism it has been facing from various financial regulators across the globe.
Jun 13, 2019 at 16:21
Could Brexit be the Next Push for Crypto
As stock markets are declining over the past months with fears of a looming trade war, cryptocurrency markets are way up, slowly resurging into their peak levels. Are these two things connected? Could we say that there is an adverse relationship between the stock market and the crypto market as a whole?
Feb 04, 2019 at 12:43
UK Financial Watchdogs Gives Go-Ahead to Trading Crypto Derivatives
While new digital currency derivatives product such as exchange-traded funds (ETFs) and physically delivered futures are in a precarious situation with an unclear future in the United States, one big United Kingdom store has begun trading a new major financial product that is tied to digital assets.
Feb 01, 2019 at 13:27
Iran to Use its Cryptocurrency in Trades with Europe, UK, Russia and South Africa
The head of Iran’s Trade Promotion Organization (ITPO) has said that the country is in talks with senior representatives from 8 nations to begin transactions with its ‘IranCoin’ - the newly created State-backed digital currency, Crypto-Rial, according to Tehran Times, a local news outlet.
Jan 28, 2019 at 10:47
The UK FCA Consults on Cryptoasset Regulations, Publishes New Crypto Guidance
The Financial Conduct Authority (FCA), an autonomous financial watchdog in the U.K, has started consulting on guidance related to virtual currencies, as per a Wednesday, January 23, official release.
Jan 26, 2019 at 16:27
36-Year Old British Man Behind Bars After Stealing €10 Million IOTA Crypto
The United Kingdom (UK’s) South East Regional Organized Crime Unit (SEROCU), Europol, Hessen State Police of Germany and the UK’s National Crime Agency (NCA), tactically-technically arrested a 36-year old British man suspected of fraud, money laundering and theft crimes.
Jan 05, 2019 at 09:36
FCA: UK Regulator Inquires 67 Cryptoasset Firms
The U.K disclosed that it has rolled out a total of 67 different inquiries into cryptoasset firms, out of which 49 were successfully closed and 18 are still ongoing. To boot, the U.K government has ratified that it is poised for action to offer more aid to the Financial Conduct Authority (FCA) to assist regulate the cryptocurrency sector.
Dec 20, 2018 at 17:44
HMRC: UK Tax Authority Releases Guidance for CryptoAsset Holders
The tax agency of the U.K published an exhaustive explanation of how it looks at digital assets plus how users will be taxed on their holdings, on Wednesday, December 19, 2018. Now, individuals who get crypto as a gift won’t pay the same taxes as those anticipating to accumulate money with them.
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