UK economic secretary commits to make country a crypto hub under new PM
“We want to become the country of choice for those looking to create, innovate and build in the crypto space,” said MP Richard Fuller. Go to Source Powered by WPeMatico
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UK advertising watchdog cites 2 former reality stars for crypto ads on Instagram stories
The ASA said the Gale twins could not post the crypto ads “in the form complained about” again, but did not bar them from promoting digital assets in future advertisements. Go to Source Powered by WPeMatico
New finance minister Kwasi Kwarteng leaves crypto policy in the UK unclear
While serving as the secretary of state for business, energy and industrial strategy, Nadhim Zahawi was part of a department suggesting support for blockchain technology in 2021. Go to Source Powered by WPeMatico
UK regulators target Revolut for ‘material misstatement’ in audit: Report
“The auditors are being significantly more challenging now, because they’re getting beaten up by their regulators,” reportedly said an individual familiar with Revolut’s situation. Go to Source Powered by WPeMatico
Liz Truss, who said UK ‘should welcome cryptocurrencies’ will be the next prime minister
Winning the election to be Conservative Party leader with 57.4% of the vote from members compared to Rishi Sunak’s 42.6%, Liz Truss will be the next U.K. prime minister. Go to Source Powered by WPeMatico
Accomplice of ‘Cryptoqueen’ Ruja Ignatova faces extradition to US: Report
The British national facing extradition was allegedly involved in laundering $105 million through the crypto Ponzi scheme OneCoin starting in 2014. Go to Source Powered by WPeMatico
The Real Deal? Peter McCormack’s Bedford Bitcoin Bet scores more than goals
Real Bedford Football Club nets another example of how Bitcoin grassroots adoption benefits the broader community. Go to Source Powered by WPeMatico
UK hits double-digit inflation for the first time in 40 years
At 10.1% inflation, the United Kingdom joins 2 billion people around the world suffering as price rises erode people’s purchasing power. Go to Source Powered by WPeMatico
Exit stage left — Eqonex to close crypto exchange after two years
The firm said it would also move its principal business and several people from management from Hong Kong to the United Kingdom. Go to Source Powered by WPeMatico
UK parliamentary group calls for submissions in new crypto asset inquiry
The U.K.’s Crypto and Digital Assets All Party Parliamentary Group (APPG) announced it will launch an inquiry into the crypto and digital asset industry. Go to Source Powered by WPeMatico
