Bitget Returns to UK Market with Local Rules Compliance
Bitget’s U.K. platform has formally relaunched and is now completely compliant with the Financial Promotions Regime. Just six months after halting its services for new users in the U.K., cryptocurrency exchange Bitget is returning to the country. The exchange announced in a press statement on November 12 that it has relaunched its services by the […]
UK Crypto Rules Unclear for Firms Avoiding MiCA Regulation
While some industry execs anticipate MiCA will cause a shift from the EU to the UK, others are concerned about the UK’s unclear crypto regulations. According to industry experts, cryptocurrency regulation in the United Kingdom remains too uncertain to serve as a strong alternative for companies looking to escape Europe’s upcoming Markets in Crypto-Assets Regulation […]
Fake Bybit Demo Account Scam Hits 250 UK Victims
UK victims lose $650K to fake Bybit demo accounts in ‘Ape 31′ crypto hack, with blockchain specialist ZachXBT investigating. In recent months, the UK has experienced a significant crypto hack affecting over 250 individuals, with hackers stealing approximately $650,000. The scheme involved fake Bybit demo accounts designed to lure unsuspecting victims with promises of easy […]
Telegram Wallet Temporarily Suspended for UK Users Amid Restructuring
Telegram users in the United Kingdom are also barred from using the platform’s in-app wallet due to financial regulations. Telegram Wallet will be temporarily restricted for users in the United Kingdom due to a corporate restructuring. According to a Sept. 25 announcement, the wallet will be available again after the company registers as a crypto […]
US, EU, UK Sign First International AI Treaty
The US, EU, and UK sign the world’s first legally binding international AI treaty, prioritizing human rights and accountability in AI regulation. The global community has advanced towards aligning its goals and values concerning artificial intelligence (AI) with the signing of the Council of Europe’s AI convention. The United States, European Union, and the United Kingdom are […]