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Euro Taps a $0.973 Low Against the US Dollar, Analysts Claim British and EU Currencies Are Trapped in a ‘Doom Loop’

Euro Taps a alt=On Friday, the official fiat currency of 19 out of the 27 member states of the European Union (EU), the euro, plunged to a low of $0.9732 against the U.S. dollar. The drop comes at a time when fiat currencies like the yen, yuan, and pound have struggled against the greenback during the past six […]

Mt. Gox moves over 47,000 BTC to new wallet ahead of creditor repayment

British Fintech Revolut Granted Crypto License in Cyprus

British Fintech Revolut Granted Crypto License in CyprusU.K.-based digital bank Revolut has been authorized by Cyprus to provide cryptocurrency services to millions of customers on the Old Continent. The fintech firm says the regulatory approval will allow it to establish a European crypto hub in the island nation. Revolut to Expand Crypto Services for Europeans From Cyprus A leader in the neobank […]

Mt. Gox moves over 47,000 BTC to new wallet ahead of creditor repayment

UK Unveils Comprehensive Plan to Become Global Crypto Hub With Dynamic Regulation

UK Unveils Comprehensive Plan to Become Global Crypto Hub With Dynamic RegulationThe U.K. government has unveiled a detailed plan to make the country a global crypto hub and “a hospitable place for crypto.” The plan includes establishing a dynamic regulatory framework for crypto, regulating stablecoins, and working with the Royal Mint to create a non-fungible token (NFT) to be issued by the Summer. U.K. Wants to […]

Mt. Gox moves over 47,000 BTC to new wallet ahead of creditor repayment

Police Set New UK Record Seizing £180 Million Worth of Cryptocurrency

Police Set New UK Record Seizing £180 Million Worth of CryptocurrencyBritain’s Metropolitan Police have seized a staggering £180 million in cryptocurrency as part of a money laundering investigation. The announcement comes just weeks after Scotland Yard confiscated £114 million in crypto, breaking the previous record. UK Police Discover £180 Million in Crypto Linked to Criminal Transfers Law enforcement officials in the U.K. have announced the […]

Mt. Gox moves over 47,000 BTC to new wallet ahead of creditor repayment

Scotland Yard Seizes Record £114 Million in Cryptocurrency

Scotland Yard Seizes Record £114 Million in CryptocurrencyBritish police have carried out U.K.’s largest crypto seizure to date. Detectives working on a money laundering case found a staggering £114 million worth of cryptocurrency in a suspect’s account. Scotland Yard vowed to continue the investigation. UK Makes One of World’s Largest Crypto Seizures Acting on intelligence about the transfer of criminal funds, specialist […]

Mt. Gox moves over 47,000 BTC to new wallet ahead of creditor repayment

FCA’s Fourth Consumer Report Shows UK’s Crypto Asset Ownership Increased 27% Since Last Year

FCA’s Fourth Consumer Report Shows UK’s Crypto Asset Ownership Increased 27% Since Last YearThe UK’s Financial Conduct Authority (FCA) has published a research report that reveals crypto asset ownership has increased a great deal. According to the study, crypto ownership spiked more than 27% since last year as the FCA’s estimates show 2.3 million adults hold digital currencies, up from 1.9 million in 2020. United Kingdom’s Regulator Publishes […]

Mt. Gox moves over 47,000 BTC to new wallet ahead of creditor repayment