Category: England

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Bank of England Pushes for Swift Digital Payment Solutions as Cash Usage Drops

The Bank of England (BOE) is urging UK banks to expedite their digital payment solutions as cash use declines. The BOE’s recent paper highlights the need for innovations that allow direct payments from bank accounts, bypassing credit and debit cards, to save time and costs for consumers and retailers. The British central bank is developing…
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Binance denies affiliation with entity registered in UK

Binance has denied claims it’s been using a small building shared with thousands of other companies as its registered office in the U.K. Disclaimer: This article has been updated following clarification from Binance that it was not affiliated with the firm.  On June 19, a post on the r/buttcoin subreddit showed a so-called “utility closet”…
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Spanish Crypto ATM Company Bitbase Eyes European and Latam Expansion

Bitbase, a Spanish cryptocurrency ATM company, is planning to keep expanding its services in 2023. The company, which received investments from Dextools and Woonkly, two Web3-based decentralized companies, aims to reach 200 cryptocurrency ATMs installed in Spain. Bitbase is also working to obtain licenses to begin operating in countries like Italy, England, Germany, and the…
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Floki Inu resumes controversial ad blitz in London

The new campaign spanning buses and train stations across the city comes only a few weeks after regulators banned the previous ads from a marketing run Floki Inu conducted in 2021. Dogecoin rival Floki Inu has begun what it calls an “aggressive” marketing campaign in London, plastering advertisements around the city’s train stations and on…
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