The United Kingdom Will Regulate Decentralized Finances
The United Kingdom's watchdogs are focusing their attention on the cryptocurrency sector and decentralised financial systems.
The United Kingdom is attempting to regulate…
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UK
A UK-based air traffic technology company utilises the Hedera Hashgraph to monitor drones
The multi-drone testing took place between April and October 2021 at Port Montrose, Scotland, and Cranfield University in Bedfordshire, England.
Hedera's public ledger consensus service…
Institutions Have Only Dabbled in Cryptocurrency, Former UK Chancellor Declares
According to Philip Hammond, bitcoin and alternative cryptocurrencies are "extremely volatile" and investors should only invest in them with funds that have been "written off."
Philip…
Despite regulatory obstacles, Binance intends to register as a UK company
The exchange's CEO has said that it intends to expand to the United Kingdom over the next six to 18 months, despite being told by the country's regulator to halt trading in June.
Binance…
The UK’s digital services tax specifically targets cryptocurrency exchanges
Britain's cryptocurrency exchanges will be subject to a 2% tax, which would almost certainly be passed on to investors, CryptoUK said.
Her Majesty's Revenue and Customs (HMRC) recently…
The UK Gambling Commission launched an investigation into the NFT soccer game Sorare.
The UK gaming authority is examining whether or not Sorare, a fantasy NFT soccer game, should be needed to get a gambling license.
In the United Kingdom, the Gambling Commission has…
PayPal Launches Bitcoin and Other Crypto Trading in the UK
PayPal, the world's largest payment processor, stated on Twitter that eligible users in the United Kingdom can now purchase, sell, and store cryptocurrencies such as Bitcoin, Ethereum,…
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