[ad_2][ad_1] The UK Financial Watchdog, the Financial Conduct Authority (FCA), has revealed that it is investigating 18 companies that use cryptocurrency, the Telegraph newspaper reported on December 29th. Responding to a Freedom of Information Act (FOI) request from the publication, the FCA said it had closed most of its investigations …
Read More »Samsung searches for the UK brand for the Cryptocurrency portfolio
[ad_2][ad_1] The South Korean electronics giant Samsung is apparently looking for a brand in the UK for a cryptocurrency portfolio, according to a statement on December 27th at the British Intellectual Property Office. In the "Classes and terms" section of the application, Samsung cites such developments as "Computer software to …
Read More »Cryptocurrency Regulation: FCA set to receive extended mandate from the UK government
[ad_1] The United Kingdom Government plans to give the country's regulatory body the power to oversee the regulation of cryptocurrencies. Imposition of the UK cryptocurrency regulation Second The Guardian, the Government of the United Kingdom Government has announced its readiness to authorize the Financial Conduct Authority (FCA) a regular all …
Read More »UK Gov & # 39; t unveils the cryptocurrency tax guidelines for individuals
[ad_2][ad_1] Her Majesty & # 39; s Revenue and Customs (HMRC) published yesterday a reference document with the guidelines on the taxation of cryptocurrencies for individuals. The good news is that no new punitive fiscal measures are applied to the crypt, which essentially falls under the existing tax regimes. What …
Read More »Bitcoin could be overseen by the UK financial regulator Technology
[ad_2][ad_1] The United Kingdom Government has stated that it is ready to authorize the British financial regulator to oversee all cryptocurrency assets, following a warning by parliamentarians that bitcoin and other cryptocurrencies were "wild" Western activities that exposed consumers to a series of risks. While some crypto-assets are regulated by …
Read More »Ripple's blockchain technology will be used to transfer the pound from Britain to the UK bank Santander
[ad_2][ad_1] Akbank, a Turkish bank, has announced that it is using Ripple's blockchain technology to transfer the British pound [GBP] at the UK & # 39; s Santander Bank from Turkey. As the most devastating bear nears the end, some good news comes to light as Olga Ulutaş, executive vice …
Read More »$ 2.5 + Billions in bill now with GBP money remittance to Santander UK with ripple – XRP News today – Today's Gazette
[ad_2][ad_1] The first bank to use the blockchain technology to transfer funds to Turkey, Akbank, announced today the start of the transfer of the British pound (GBP) with the use of Ripple's block technology. Founded in 1948, the Istanbul bank with over $ 2.5 billion in revenue (₺ 13.7 billion) …
Read More »UK Blockchain Startup Canyudo launches Social Tasking App in Closed Beta
[ad_2][ad_1] Canyudo The British startup blockudo, Canyudo, released its closed beta social task app in view of its upcoming launch in January 2019, the company said on Tuesday. It is planned to launch the Canyudo app in Hong Kong before a global launch. My homework, Canyudo mobile app Canyudo is …
Read More »Financial Action Task Force Urges UK to Improve AML Activities in Cryptocurrency Sector
[ad_2][ad_1] The Financial Action Task Force (FATF), an intergovernmental financial security body, has demanded the United Kingdom step up its cryptocurrency monitoring. According to a new report released Dec. 7, the country needs increased measures to prevent money laundering and combat terrorist financing (CFT). As part of its dedicated "mutual …
Read More »Major UK Executive Charity Fund Believes Crypto Market Crash Is 'Just a Bump in the Road'
[ad_2][ad_1] A major United Kingdom charity fund executive at the Bloomberg Crypto Summit in London this Friday the latest crypto market crash is just "bump in the road," Bloomberg reports Dec. 7. James Bevan, the chief investment manager at CCLA, said the recent reduction in the value of cryptocurrencies "as …
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