14:00 Disputed Venezuelan Gold Worth $1.8B in Bank of England Vaults Remains Uncertain After Dissolution of Interim Government
Argentine Senate Mulls Crypto Advertisement Regulation The Argentine senate is discussing a preliminary project that would regulate the way in which individuals and organizations promote crypto. The objective of the project, which is still under discussion, would be to educate consumers on the dangers of investing in crypto and also to protect them from investing in crypto Ponzi schemes. Argentine Senate […]
UK tax regulator welcomes crypto service providers with new tax exemption United Kindom’s tax regulator invited crypto service providers to operate in its jurisdiction by announcing the inclusion of cryptocurrencies in a tax exemption program. The Commissioners for His Majesty’s Revenue and Customs (HMRC) have published legislation defining “designated crypto assets” as qualifying for the investor management exemption (IME) in transactions made from 2022 to 2023. […]
UK announces tax break for crypto investors and new regulatory sandbox In a recent move to become a hotbed for innovative technologies, the UK announces a tax break for crypto investors and a new regulatory sandbox for financial technologies. The government of the UK has confirmed its plans to include crypto investors in the existing Investment Manager Exemption. This tax rule allows overseas investors, including hedge […]
Britain’s Bitcoiners Are A Ray Of Hope In Bitcoin No Man’s Land This is an opinion editorial by Bitcoms, a writer and British Bitcoiner. “I made the joke on stage that as far as Bitcoin goes, I don't think of myself as being from Edinburgh — I think myself as being from Twitter,” says writer Allen Farrington. “I have worried, looking forward, that Britain might be one […]
Crypto News Summary: UK Santander to Block Payments to Exchanges, BTC 50K Silk Road Guilty Plea, Ledger Live & Solana Mobile Stack Integration Source: AdobeStock / johndavidphoto Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________ Banking news UK bank Santander is set to block real-time payments to crypto exchanges in 2023 as part of measures to protect customers from scams, Reuters reported, citing the […]
Crypto Adoption: Number of Bitcoin ATMs in Canada Jumps 28% in One Year Source: AdobeStock / Parilov The number of bitcoin (BTC) automated teller machines (ATMs) in Canada went up nearly 28% in a year and almost 190% in two years, according to data provided by Coin ATM Radar. The number of Bitcoin ATMs currently installed in Canada is 2,549. On the first day of this month, the […]
Santander UK Limits Cryptocurrency Exchange Transactions, Bank Says Investing in Crypto ‘Can Be High Risk’ On Nov. 3, Santander UK, the subsidiary of the Spanish financial giant Banco Santander, S.A., published a notice that says “investing in cryptocurrency assets can be high risk.” Furthermore, the British bank also imposed a limit on cryptocurrency exchanges using the firm’s mobile and online banking services. Santander UK Limits Crypto Exchange Transfers to ‘Protect’ […]
One in three Brits now own crypto One in three Brits now own crypto We published a piece recently outlining how British interest in cryptocurrency has fallen 82% this year. We also mentioned, however, that there was a positive spin coming out of all the data: “(The data shows) ownership of crypto and general awareness remains on the rise is testament to […]
U.K. Seeks To Regulate Bitcoin, Crypto Similar To Current Financial Instruments: Report The Financial Services and Markets bill passes the House of Commons, heads to the House of Lords. Draft bill seeks to establish digital assets, such as bitcoin, as regulated financial instruments. Lawmakers are consulting with stakeholders and industry leaders throughout the process. Legislators in the U.K. voted to recognize bitcoin and digital assets as regulated […]
Crypto News Summary: $40M in Crypto Seized, Hong Kong May Allow Direct Crypto Purchases, Bitcoin Group May Buy Local Bank Source: AdobeStock / ChiccoDodiFC Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________ Legal news Turkish authorities have seized $40 million in cryptocurrency as part of an investigation into an illegal gambling ring, the Daily Sabah reported. The Office of the Chief […]
Crypto News Summary: Nubank’s New Nucoin Crypto, Fidelity’s ETH Offer, Bitpanda Partners With N26 Digital Bank Source: AdobeStock / Tada Images Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________ Adoption news Brazil's Nubank announced plans to release its own crypto as part of a new customer rewards program, with a goal to offer customers benefits such as […]
Ep03- OneCoin – Companion Guide For BBC’s “The Missing Cryptoqueen” Podcast Good news! Since OneCoin is back on the news and “The Missing Cryptoqueen” already released an 11th episode, proving that they’re back for real, we’re going to hit the accelerator. Starting today, we’ll summarize two episodes a week to catch up with the new developments in Dr. Ruja’s case. We hit the nail on the […]
Crypto News Summary: Nuri Shuts Down, UK’s Pablo Escobar Banned from Crypto, Do Kwon Denies Seeing Arrest Warrant, Interpol’s New Team Source: AdobeStock / Ralf Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________ Investment news Nuri, a Germany-based neobank that offers crypto investment tools, has shut down. Per a statement by CEO Kristina Walcker-Mayer, “we have not been able to find investors […]
Bitcoin Is The Ultimate Freedom, Says Former EU MP Nigel Farage Any new idea automatically faces the opposition of the establishment, said former Member of the European Parliament, Nigel Farage, on a panel at Bitcoin Amsterdam on Thursday. That argument served as the introduction to Farage’s point throughout the conversation, as he drew parallels between Bitcoin and his experience pushing the then-unpopular idea of Brexit, the […]
Crypto News Summary: Samsung's 'Private Blockchain' Security System, Five Charged Over $2.5M NFT Theft
U.K. Authorities Press On With Crypto Hub Plans Summary: The U.K. could continue moving toward crypto-friendly regulations despite a change in leadership. New Treasury economic secretary Richard Fuller reaffirmed the government’s stance during a digital asset debate, the first of its kind in the country. Crypto proponents previously feared Rishi Sunak’s plans might take the back burner after new Prime Minister Liz Truss […]
Hackers Attack EthereumPoW and ETH Vanity Addresses, Binance Partners With Ukrainian Varus, FTX Has $1BN for Acquisitions & Bailouts + More News
Newly Elected UK Prime Minister Lizz Truss Has Previously Shown Support For Crypto Summary: Liz Truss is set to emerge as the next Prime Minister of the United Kingdom. Truss secured the Conservative Party leader seat ahead of Rishi Sunak, former Treasury Head. Tweets from 2018 suggest pro-crypto sentiment from Truss but the lawmaker has not explicitly laid out “crypto-friendly” regulatory plans. Sunak’s regime was more publicly pro-crypto […]
Shopify Not Allowed to Pause Crypto-related Lawsuit, UAE Company Parners with Binance to Accept Crypto + More News
Landmark Crypto Judgment: Service by NFTs, Disclosure Orders Against Crypto Exchanges, and Potential Constructive Trustee Liability Source: AdobeStock / TSViPhoto Kate Gee is Counsel at Signature Litigation LLP, specialising in crypto disputes, civil fraud, and asset tracing.__________ The recent, and highly-publicised, volatility of the crypto markets has been accompanied by an increased level of fraudulent activity in the crypto space. Victims too often have little recourse to recover digital assets that […]
Do Kwon Reportedly Lawyers Up, Colombia May Fight Tax Evasion with Digital Currency, Unstoppable Domains Lunches App + More News
Ripple Reportedly Eyes Celsius' Assets, New Crypto Rule from SEC, Risky Metaverse + More News Source: Adobe/vitpluz Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ Investments news Ripple Labs is interested in potentially purchasing at least some of bankrupt crypto lender Celsius Network's assets, as the blockchain payments company looks to scale, Reuters reported, citing a […]
Soaring Inflation Puts Central Banks on a Difficult Journey Source: Adobe/Rmcarvalhobsb Tobias Adrian is the Financial Counsellor and Director, and Christopher Erceg and Fabio Natalucci are Deputy Directors at the International Monetary Fund (IMF)'s Monetary and Capital Markets Department.__________ Central banks in major economies expected as recently as a few months ago that they could tighten monetary policy very gradually. Inflation seemed to be […]
Bitcoin Debuts in BlackRock & Coinbase Partnership, Meta Rolls Out NFTs to More Countries, Risky Crypto Bridges + More News
Law Commission of England Proposes New Form of Property For Bitcoin The Law Commission of England and Wales, an independent consultant firm for legal reform originally commissioned by the parliament, has proposed a new category of property to encompass digital assets such as bitcoin in a 549 page proposal. How could this change the way the United Kingdom interacts with and recognizes bitcoin, and why was […]
