UK Blockchain Leadership: Natalie Elphicke’s Call for Action
Natalie Elphicke, the chair of the blockchain APPG, has called for the UK authorities to fully embrace the potential of blockchain technologies and take a leading role in the global blockchain scene. She stressed the need for collaboration and action in terms of blockchain policy and education. Natalie Elphicke, a UK Member of Parliament and […]
Tether’s $1 Billion Deposit at Stake in London Court Case
Tether, the issuer of the world’s largest stablecoin, has deposited over $1 billion with a subsidiary of Britannia Financial, a global investment bank. The funds are now involved in a legal dispute between Britannia and another firm, Arbitral International, in London’s High Court. Tether’s USDT token is widely used in the crypto market as a […]
Binance Visa Card Services to End in Europe
Binance, the leading cryptocurrency exchange, announced that it will stop its Visa debit card services in the European Economic Area (EEA) on December 20, 2023. The decision affects about 1% of Binance’s global user base and some humanitarian programs. Binance suggests alternative payment options for its European customers. Binance, the leading cryptocurrency exchange, announced a […]
NiceHash Becomes Latest Crypto Firm to Leave U.K.
In a message sent to subscribers, the cloud mining company NiceHash announced that it will stop offering its services in the United Kingdom. On October 10, 2023, the company announced that it would stop offering services to subscribers in the United Kingdom. After that date, people living in the U.K. won’t be able to establish […]
UK to Boost Crypto Seizure Powers with New Crime Bill
The U.K. government plans to enact a new bill that will give local courts and law enforcement agencies more power to freeze and confiscate crypto assets linked to crime. The Economic Crime and Corporate Transparency Bill, expected to be finalized later this year, will remove some legal hurdles and speed up the process of targeting […]