News
The NCSC has gone scorched earth on crypto scams.
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United Kingdom News
There are no strict regulations on Bitcoin in UK. Bitcoin has no established legal status but is commonly treated as a foreign currency for most purposes, including value-added and goods-and-service taxes. Cryptocurrencies profits and losses are subject to capital gains tax. However, the UK government is planning on implementing some legal procedures in the cryptocurrency market. Their primary goal is to require UK Bitcoin exchanges to conduct due diligence in relation to customers and include cryptocurrency platforms in anti-money laundering and counter-terrorism financing policies. The UK has issued a warning about the risks of investing in ICOs and cryptocurrencies, though it has yet to establish any direct rules concerning it. Still, it was stated multiple times that the United Kingdom is working on cryptocurrency regulations and has no intentions to leave it in a legal gray area.
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The $150,000 worth of Bitcoin was allegedly being used to launder money gained through fraudulent support loan applications on behalf of dummy businesses.
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Wibbly wobbly, timey wimey stuff is about to become non-fungible.
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Revolut’s losses in 2019 surged over 200% due to investment in international expansion, Revolut founder and CEO says.
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File this one in the “stranger than fiction” category.
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EToro is reportedly moving ahead with its debit card plans as it acquires a U.K. Visa Principal Member.
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The purported investment fund is exhibiting some shady behavior.
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Opera users in the United Kingdom can now purchase cryptocurrency directly via bank accounts or digital banking app Revolut.
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A spate of global ransomware attacks has delayed Australian television ratings, compromised eight universities, and shut down a smart-wearables firm.
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Cybersecurity authorities in the UK warned that ransomware could threaten the sports sector.
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A UK-based university is investigating the slow response to a ransomware attack that took place in May.
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Investors tell us that something has gone wrong within a once-hot crypto company.
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The popular stock and crypto trading app has put its global expansion plans on hold.
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The integration of Signature Bank’s Signet will allow Copper’s customers to instantly pay and settle transactions in U.S. dollars and other fiat currencies.
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British consumers need stronger rules to protect them from deceptive crypto ads, says U.K. minister.
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