News with the tag "United Kingdom UK"

Kraken has announced that it has officially secured an Electronic Money Institution (EMI) authorization from the U.K.’s Financial Conduct Authority (FCA). This milestone is set to accelerate Kraken’s growth plans in the U.K. and enable the launch of new products and services tailored to the needs of...

Economist Neil Record has criticized the UK’s digital pound initiative, calling it an “ill-fated venture” due to a lack of customer demand. Cash Use Decline British businessman and economist Neil Record has described the United Kingdom’s digital pound initiative as an “ill-fated venture” due to a la...

Bitpanda has secured approval from the UK’s Financial Conduct Authority (FCA) to operate in the United Kingdom, marking a significant regulatory milestone for the European cryptocurrency platform. This approval, along with a recently obtained MiCAR license, allows Bitpanda to expand its offerings in...

James Howells, a British man who lost a hard drive containing 7,500 bitcoins, has offered to buy part of the Newport landfill where he believes it is buried. Howells Wants Landfill Area With 100,000 Tons of Waste A British computer expert who lost a hard drive containing about 7,500 bitcoins has off...

Spanish police arrested three British men in Costa del Sol for kidnapping a UK cryptocurrency broker and demanding €30,000 (approximately $31,000) for his release. The victim, a 34-year-old Hindi speaker, escaped by deceiving his captors into thinking he was calling a customer for a crypto wallet co...

A landfill in Newport, Wales, where James Howells accidentally discarded a hard drive containing 7,500 bitcoins (now worth approximately $750m or £620m) is scheduled to close in 2025-26. Howells’ attempts to sue the council for access to the site or compensation were unsuccessful. The council is pla...

Coinbase has secured UK regulatory approval, cementing its dominance as the country’s largest registered digital asset provider and accelerating its global expansion in crypto and fiat services. Crypto Giant Coinbase Gets FCA Approval Cryptocurrency exchange Coinbase (Nasdaq: COIN) announced on Feb....