United Kingdom – DIGIT INFO

MoonPay boosts self-custodial crypto spending with new solution

November 13, 2024 by DIGIT

MoonPay Balance will support deposits and withdrawals in euros and British pounds, with future plans to expand to the US. Go to Source

Bitget relaunches UK platform after compliance update with FCA rules

November 12, 2024 by DIGIT

Bitget’s app relaunch in the UK comes a few months after the exchange restricted its website in the UK in accordance with the Financial Promotions regime in May 2024. Go to Source

UK-based pension scheme makes 3% Bitcoin allocation

November 4, 2024 by DIGIT

Cartwright reported that an “unnamed scheme” based in the UK had made a 3% allocation of Bitcoin into its pension fund. Go to Source

UK crypto rules unclear for firms avoiding Europe’s MiCA regulation

October 23, 2024 by DIGIT

While some industry execs believe that MiCA could trigger a shift from the EU to the UK, others question the UK’s unclear crypto regulations. Go to Source

UK crypto ATM operator pleads guilty to fraud, money laundering charges

September 30, 2024 by DIGIT

Olumide Osunkoy faces prosecution on multiple charges related to the operation of crypto ATMs across the UK. He could spend up to 26 years in jail if convicted of all charges. Go to Source

Telegram Wallet temporarily blocked for UK users due to restructuring

September 25, 2024 by DIGIT

Telegram users in the United States are also restricted from using the platform’s in-app wallet due to financial regulations. Go to Source

FBI Warns of Growing $55 Billion Business Email Scam

September 13, 2024 by DIGIT

The Federal Bureau of Investigation (FBI) has warned of a rising business email compromise (BEC) threat, responsible for $55 billion in global losses over a decade. The scam has affected all 50 U.S. states and 186 countries, with funds frequently routed through banks in the United Kingdom, Hong Kong, China, Mexico, and the United Arab … Read more