UK

Binance Exchange Ordered to Exit Malaysia. Will Binance Remain the Largest Cryptocurrency Exchange?
Aug 01, 2021 at 10:48
News
Binance Exchange Ordered to Exit Malaysia. Will Binance Remain the Largest Cryptocurrency Exchange?
The world's largest crypto exchange Binance has suffered another shutdown in Malaysia as the company continues to crack down globally.
Cryptocurrency Money Laundering Thrives in the UK; $408 Million Already Laundered
Jul 15, 2021 at 09:15
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Cryptocurrency Money Laundering Thrives in the UK; $408 Million Already Laundered
Since the UK began hunting money launderers, British police have managed to seize over $408 million (£294 million) worth of illegal cryptocurrencies. This shows that the general situation with money laundering using cryptocurrencies in the United Kingdom is alarming.
Binance Faces Scrutiny Worldwide: How Can This Affect the Cryptocurrency Community?
Jul 08, 2021 at 10:00
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Binance Faces Scrutiny Worldwide: How Can This Affect the Cryptocurrency Community?
Cayman Islands-based cryptocurrency exchange Binance received a red card from several regulators worldwide. What's next for crypto users and the crypto community in general?
Cryptocurrency Scams are on a High Rise; A 1000% Increase Registered, Billions Lost
Jun 16, 2021 at 08:19
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Cryptocurrency Scams are on a High Rise; A 1000% Increase Registered, Billions Lost
There has been a significant increase in the use of digital currencies ever since Covid-19 pandemic started. However, scammers have taken advantage of the pandemic to scam cryptocurrency users, investors and other innocent people. Last week alone, an investor in the UK lost more than $283,200 through a cryptocurrency scam.
Europe's Fintech Hub Will Not Tolerate Illegal Cryptocurrency Mining
Jun 01, 2021 at 11:03
News
Europe's Fintech Hub Will Not Tolerate Illegal Cryptocurrency Mining
The legality of cryptocurrencies varies from territory to territory. The UK especially leans towards crypto mining and trading as well as blockchain development but will get under the skin of illegal miners.
UK Law Enforcement Prepares for a Rise in Cryptocurrency Scams
Apr 10, 2021 at 12:48
News
UK Law Enforcement Prepares for a Rise in Cryptocurrency Scams
The head of the UK’s Crown Prosecution Service (CPS) recently made remarks saying they expect a rise in cryptocurrency sam cases in the UK. In an interview with Financial Times, Max Hill QC, a CPS director of public prosecution said the authority predicts an uptick in the number of scams.
London's Fintech Industry Grows Faster than Anywhere in European Union
Mar 21, 2021 at 11:44
News
London's Fintech Industry Grows Faster than Anywhere in European Union
Despite the effect of Covid-19 pandemic on innovations, London’s financial technology (Fintech) industry is gaining more traction than any other region in the European Union (EU). More than £50 billion has been invested since the start of 2019 in the UK’s fintech industry.
The United Kingdom Is Exploring the Potential of Cryptocurrency Despite Conservativeness from Regulators
Mar 10, 2021 at 15:23
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The United Kingdom Is Exploring the Potential of Cryptocurrency Despite Conservativeness from Regulators
When Bitcoin first stepped in the United Kingdom, it was sluggishly welcomed with two hands and people. At first the citizens were reluctant about learning or using Bitcoin since it was still a new technology. But now, the trend of cryptocurrency adoption seems to be growing.
Why Credit Cards are a Terrible Online Casino Payment Method
Feb 25, 2021 at 09:00
News
Why Credit Cards are a Terrible Online Casino Payment Method
Online casinos accept a variety of payment methods, but one such method has become controversial in recent years. Credit cards have affected the gambling community so negatively that the UK resorted to banning them.
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