The UK’s Financial Conduct Authority has charged two men for orchestrating a £1.5 million cryptocurrency fraud, they both pleaded guilty to multiple charges In a landmark case that has underlined the risk of unauthorized crypto schemes, the UK’s Financial Conduct Authority has prosecuted two men, Raymondip Bedi and Patrick Mavanga, for orchestrating a £1.5 million…
Robinhood, a major player in the United States financial technology industry is set to stretch out its trading services in the United Kingdom for the purpose of growing its business globally. Robinhood To Offer US Stock Trading In the UK Co-founder and Chief Executive Officer (CEO) of Robinhood Vladimir Tenev confirmed the expansion toward the…
UK data regulator, the Information Commissioner Office (ICO), has laid out intentions to probe the newly launched crypto project Worldcoin. According to a report by Reuters on July 25, the ICO has taken notice of WorldCoin’s launch in the UK and will now proceed to “making further inquiries.” Launched on Monday, Worldcoin is an Ethereum-based…
What does a OneLife-produced event look like? Is the organization that supports the OneCoin community competent enough to produce a beauty pageant? The answer to those questions might surprise you. For this fourth episode, Jamie Bartlett and Georgia Catt go into the lion’s den. They travel to Bucharest, Romania, and witness the Miss OneLife coronation.…
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…
According to a recent study, over 75% of US retailers hope to support stablecoin and crypto payment options within the next two years. Deloitte, a UK-head quartered consulting and financial advisory company conducted research on 2,000 chief officers of small-scale American companies and just recently published the results. The study occurred between December 3rd and…
London’s Metropolitan Police say they have seized a record £180m of cryptocurrency, which they believe has links to international money laundering.The seizure is the largest of its kind seen in the UK, beating the last record set on 24 June when the Met confiscated £114m of cryptocurrency.A woman, who was arrested on suspicion of money…
Barclays clients in the UK can no longer transfer funds to Binance after the bank indefinitely banned credit and debit card transactions to the exchange, according to recent reports. The apparent ban comes roughly two weeks after the UK’s Financial Conduct Authority (FCA) stated that Binance Markets Limited, the firm’s UK operations, was not holding…
Britain’s Financial Conduct Authority (FCA) has stated that Binance, one of the world’s largest cryptocurrency exchanges, is not permitted to undertake any regulated activity in the UK.The watchdog said in a statement that Binance, which is part of the wider Binance Group, cannot undertake any regulated activities without the prior written consent of the FCA.“The…
Binance first announced plans for a UK crypto trading platform in mid-June. The company has now confirmed an Autumn 2020 rollout.Source: binance.comThe UK platform will provide GBP and Euro on/off ramps via bank transfer through the UK’s Faster Payments service, as well as the equivalent function in Europe, the Single Euro Payments Area (SEPA) network.Payments…