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Binance revives plans for a UK launch after winning over the financial regulators that banned it

Binance's relations with the FCA have improved ever since its UK-based marketplace was banned from …

Shalini Nagarajan   


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45% of young Brits say their first investment was in crypto - and half of them are using debt to fuel the boom, survey shows

Over half of young UK investors are using debt to fuel the boom and purchase crypto assets, accordi…

Sophie Kiderlin   


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Battle of the metaverses and a billion-dollar hack — 13 expert predictions for what's next for crypto in 2022

The crypto economy will top $7.5 trillion in 2022, and most jobs will touch virtual worlds as Meta …

Shalini Nagarajan   


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Ripple, Avalanche join independent group to support the development of a digital UK pound

The Digital Pound Foundation will run 'hands-on' exploratory projects aimed to help roll out a digi…

Carla Mozée   


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US futures trade mixed after stocks hit record highs, while bitcoin continues to slide

Stocks have remained buoyant on the back of strong earnings and economic optimism. But crypto has t…

Harry Robertson   


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Staples Center in LA is being renamed Crypto.com Arena

The cryptocurrency platform Crypto.com struck a deal for 20-year naming rights for the center. The …

Sinéad Baker   


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UK watchdog bans adverts saying 'it's time to buy' bitcoin, calling them misleading and irresponsible

The UK's advertising watchdog slammed ads from Luno - which is owned by Digital Currency Group - th…

Harry Robertson   


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An entrepreneur told police he was tortured for several hours by masked criminals attempting to steal his bitcoin millions

Zaryn Dentzel reportedly told police that an organized gang tied and gagged him before escaping wit…

Zahra Tayeb   


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Over 60 crypto companies have withdrawn their application to do business in the UK as the country tightens regulation

Registration data from the FCA showed that around 64 crypto-related firms have withdrawn their appl…

Isabelle Lee   


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PayPal and Visa are among the companies that will help the Bank of England work on a UK digital currency

Two forums will help the BoE and the UK Treasury department understand the technological and practi…

Carla Mozée   


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HSBC UK is blocking customers from making payments to Binance, report says

HSBC joins other banks in blocking payments to Binance, including Barclays and Santander. The crypt…

Isabelle Lee   


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Visa is looking to roll out a universal payment channel that could manage transfers of stablecoins, or central bank digital currencies

Visa said on Thursday it was looking into creating what it called a universal payment channel (UPC)…

Camomile Shumba   


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The UK will explore a Bank of England-backed cryptocurrency called 'Britcoin'

A new task force was launched to explore a central bank digital currency, which is envisioned to ex…

Isabelle Lee   


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UK regulator says celebrities such as Kim Kardashian are putting investors at risk by pushing unknown crypto tokens

Unsuspecting consumers are regularly being lured into crypto scams by social media influencers, the…

Harry Robertson   


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The UK will spend $15 million to warn young people about risks in crypto investing

There's been an "explosion" in young people investing in crypto and other high-risk assets, the FCA…

Carla Mozée   


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UK police seize $250 million in cryptocurrency tied to an international money-laundering operation

"We're increasingly seeing organized criminals using cryptocurrency to launder their dirty money," …

Carla Mozée   


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A large number of UK crypto firms are not meeting anti-money laundering standards, the national regulator has said

The UK regulator found a number of crypto firms are not carrying out due diligence and that others …

Harry Robertson   


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PayPal steps up its crypto push by allowing British customers to buy, hold, and sell 4 digital tokens

British customers can begin by buying as little as £1 ($1.37) of cryptocurrency on the platform, Pa…

Shalini Nagarajan   


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Britain bans cryptocurrency exchange Binance from operating in the UK without 'written consent'

The UK's financial watchdog also warned investors to be "wary of adverts online and on social media…

Victoria Cavaliere   


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Binance is 'not capable' of being effectively supervised and is a significant risk to consumers, says UK financial regulator

The Financial Conduct Authority said Binance Markets Limited failed to supply further information a…

Isabelle Lee