A look back on a highly technical Bitcoin conference hosted in London, in which ordinals, silent payments and the Lightning Network were studied and discussed. The Bitcoin (BTC) bear market builders convened in London, United Kingdom, during the Bitcoin-only conference “Advancing Bitcoin.” Common Bitcoin conference vernacular, words like “macro,” “shitcoin,” or “debt spiral” were absent…
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The banks join a growing list of financial institutions in the country tightening restrictions on digital assets. United Kingdom banks HSBC Holdings and Nationwide Building Society are banning cryptocurrency purchases via credit cards for retail customers. They join a growing list of banks in the country to tighten restrictions on digital assets. A Bloomberg report…
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Circularr won the European Blockchain Convention’s award for blockchain startup of the year for its pitch focused on recycling with blockchain. “Recycle-to-earn”: This was the motto presented by Eric Vogel earlier this month while pitching his startup at the European Blockchain Convention, decades after he started recycling plastics and cans from his grandmother’s house to…
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According to the FCA, all crypto ATM operators in the United Kingdom are currently illegal because none of them is registered with the regulator. The United Kingdom’s financial regulator, the Financial Conduct Authority (FCA), is coming for unregistered cryptocurrency automated teller machines (ATMs). The FCA and the cyber team at West Yorkshire Police have taken…
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The Bank of England’s plans for a CBDC launch raises concern among UK Tax Reform Council and the broader Bitcoin community. The U.K. Tax Reform Council has launched a campaign against the Bank of England’s plan to introduce a central bank digital currency (CBDC). The non-profit organization warns that such a move could seriously harm…
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The digital pound roadmap is reportedly set to be introduced next week, along with a joint public consultation. The Bank of England (BoE) and Treasury believes the United Kingdom is likely to need to create a central bank digital currency (CBDC) by 2030, according to a Telegraph report on Feb. 4. The “digital pound” roadmap…
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Binance, a top cryptocurrency exchange by trading volumes and client count, has praised the United Kingdom’s decision to consult as they look to establish a framework that will see cryptocurrencies better regulated, spurring adoption in the region. HM Treasury Report Released In a tweet on February 1, following the United Kingdom’s HM Treasury sharing a report detailing…
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Brits can now withdraw physical cash for GBPT, a one-for-one pound sterling stablecoin, as well as other cryptos at ATMs in the United Kingdom. A partnership between Poundtoken and BitcoinPoint will make the country’s first 100% backed GBP stablecoin ($GBPT) accessible to retail consumers via a network of 18,000 ATMs across the United Kingdom. The…
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The Charity Commission opened the inquiry on Dec. 19, after FTX had filed for bankruptcy in the United States and former CEO Sam Bankman-Fried was arrested. The commission in charge of regulating registered charities in England and Wales has announced it had begun investigating Effective Ventures Foundation, an organization tied to bankrupt crypto exchange FTX.…
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A new role, “Head of CBDC,” will help the United Kingdom to “explore the case for a digital pound,” although UK Bitcoiners would argue that might not be necessary. The UK Government’s economic and finance ministry, HM Treasury, is recruiting for a Head of central bank digital currency (CBDC) to lead the development of a…
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