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UK
Coinbase to Bring Ethereum 2.0 Staking to UK Customers
Users will be able to earn up to a 5% annualized interest rate.
HSBC UK Blocks Payments to Binance Exchange
Banking giant HSBC is blocking its U.K. customers from using credit cards to make payments to Binance after the Financial Conduct Authority (FCA)’s announcement in June saying the crypto exchange cannot conduct regulated activities in the country. “The Hash” panel discusses the latest enforcement action against Binance, possibly signaling the future of centralized exchanges.
UK Cops Seize Nearly $250M in Crypto Tied to Money Laundering
British police announced Tuesday they seized almost $250 million in crypto amid ongoing investigations into international money laundering. “The Hash” team discusses the potentially false narrative of crypto’s role in illicit activity. “Of all the transaction volume that cryptocurrencies have, only roughly 2% is used for criminal activity,” host Christine Kim said.
UK Binance Users Locked Out From Faster Payments System
In a letter to its U.K. customers, Binance said Monday that any pound sterling withdrawals or transactions on the platform via the Faster Payments network would not be processed. CoinDesk’s Nikhilesh De weighs in on what this means for Binance and its users.
ETC Group Launches First Bitcoin ETP in UK on Aquis Exchange
Britain has been green-lighting some bitcoin exchange-traded products (ETPs) on the Aquis exchange. Earlier this month, ETC Group, a U.K. provider of cryptocurrency-related instruments, launched their own offering as the first crypto ETP to be made available for trading on the U.K. market. ETC Group CEO Bradley Duke discusses the launch, inflation, bitcoin as legal tender, and growth of ETPs in Europe.
Digital Asset Custodian Komainu to Provide Safe Storage of Crypto Seized by UK Police
Komainu will be responsible for providing police across the U.K. with a more "robust" means to store cryptocurrencies.
Kraken Adds 26 Crypto Trading Pairs to Capture Growing UK, Australia Markets
Kraken's biggest-ever expansion of trading pairs is aimed at growing its presence in the two promising markets.
UK Man Offers Council $72M if He Finds Discarded Bitcoin Trove at Landfill
The town of Newport in Wales could get a hefty reward if the treasure is found in the trash.
Coinbase Apologizes to UK and EU Customers Hit by Regulatory Lockouts
The mea culpa was mum on Coinbase's broader troubles in keeping global trading running smoothly.
UK Treasury Calls for Feedback on Approach to Cryptocurrency and Stablecoin Regulation
The U.K. government is focusing on stablecoins for the next phase of its development of crypto regulations.
