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You are here: Home / Archives for UK

UK

Worldcoin Jumps 5% as Google, OpenAI Sign Strategic Cloud Deal

June 11, 2025 by Mwongera Taitumu

On June 10, 2025, Worldcoin (WLD) saw a 5.4% increase after Google Cloud announced a collaboration with OpenAI. The token jumped from $1.11 to $1.18 and the trading volume increased by 38%. This increase follows rising investor confidence in both the spot and derivatives market. OpenAI-Google Cloud Deal OpenAI has tapped Google Cloud to facilitate […]

Filed Under: News Tagged With: Google Cloud, openai, Sam Altman, UK, worldcoin

Bitcoin at Peak Greed: Why This UK Company Just Spent $4.7M

June 11, 2025 by Mutuma Maxwell

UK-based The Smarter Web Company expanded its Bitcoin holdings by acquiring 45.32 BTC for $4.73 million this month. With this latest move, its total holdings stood at 168.08 BTC, almost 55% up from the last purchase. The time to buy this acquisition was during the high greed index of 71 sentiment on the market. The […]

Filed Under: Bitcoin News, News Tagged With: Bitcoin, btc, UK

UK Set to Unlock Retail Crypto ETNs in Game-Changing Move

June 7, 2025 by Mwongera Taitumu

U.K Financial Conduct Authority (FCA) has proposed to reverse its restriction on cryptocurrency exchange-traded notes (ETNs) for retail investors. This move strengthens the UK position in major global crypto markets. It seeks to provide more people with opportunities and maintain investor protections. The new rule enables investors to trade crypto ETNs listed on approved investment […]

Filed Under: News Tagged With: Crypto ETNs, ETF, FCA, UK

Reform U.K. Launches Pro-Bitcoin Plan With Major Tax Changes

May 31, 2025 by Mutuma Maxwell

Reform U.K. has released a new digital finance bill aiming to cut capital gains tax on cryptocurrencies and promote Bitcoin adoption. The bill outlines a national Bitcoin reserve fund and mandates equal access to banking for crypto users. These proposals come as the party, led by Nigel Farage, sees a sharp rise in polling figures. […]

Filed Under: Altcoin News, News Tagged With: Bitcoin, Ethereum, UK

Data Breach Fallout: Coinbase Sued Over Hidden UK Regulator Deal

May 26, 2025 by Mutuma Maxwell

Coinbase faces a new proposed class-action lawsuit after a stock drop linked to a recent data breach and UK regulatory issue. The suit, filed in a Pennsylvania federal court, claims Coinbase’s stock declined after it disclosed the breach and a violation of a UK agreement. The legal action seeks damages for shareholders who purchased Coinbase […]

Filed Under: Altcoin News, News Tagged With: Coinbase, Regulation, UK

Revolut Partners with Lightspark to Enhance BTC Transactions in the UK

May 9, 2025 by Sheila

Revolut partners with Lightspark to enable faster Bitcoin payments via the Lightning Network in the UK and EEA, reducing fees and transaction times.

Filed Under: News, Bitcoin News, Fintech Tagged With: BTC Transactions, EEA, Lightspark, Revolut, UK

UK Moves In on Crypto, What the FCA’s Plan Could Mean for the Market

May 3, 2025 by Mutuma Maxwell

The Financial Conduct Authority (FCA) launched a public consultation about crypto key areas such as staking, lending, and DeFi. The regulator introduced a document to establish regulatory guidelines that fit modern digital asset market trends. This public initiative includes the strategic development of an innovative, secure crypto environment in the United Kingdom. The FCA aims […]

Filed Under: Altcoin News, News Tagged With: DeFi, FCA, Regulation, UK

Kraken Launches Ambitious Crypto Derivatives in UK, Targets Institutions and Eligible Clients

May 2, 2025 by Mwongera Taitumu

Kraken, a top crypto exchange, has launched a crypto derivatives trading service in the UK. The service is accessible to professional investors under the regulations of the U.K. Financial Conduct Authority(FCA). Kraken’s entry into the UK market marks a major step in the company’s expansion in institutional markets. The product was initially accessible to select […]

Filed Under: News Tagged With: Crypto, Crypto derivatives, FCA, Kraken, NinjaTrader, U.S, UK

Stripe Launches New Stablecoin to Revolutionize Cross-Border Crypto Payments

April 27, 2025 by Mwongera Taitumu

Stripe, a major global payments platform, has announced plans to launch a new stablecoin product. Stripe will use Bridge stablecoin payments network, which it acquired  in October 2024, to test the product. Stripe intends to expand the adoption of US dollar-backed stablecoin outside the current United States, Europe and UK markets. Stripe’s stablecoin product comes […]

Filed Under: News Tagged With: Blockchain, Coinbase, Crypto, Cryptocurrency, Ethereum (ETH), europe, solana, stripe, UK, US Dollar, USDC

UK Freezes £6 Million in Crypto to Combat Financial Crimes

March 31, 2025 by Mwongera Taitumu

UK authorities have frozen £6 million ($7.7 million) in crypto since they gained new enforcement power in April 2024. The officials froze a substantial crypto order worth £1.5 million from a Coinbase wallet. The new framework seeks to stop illegal operations such as use of digital assets for money laundering, tax evasion and funding terrorism. […]

Filed Under: News Tagged With: Crypto, Cryptocurrency, UK

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