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Teen scammer in the UK has $2.7 million in cryptocurrency seized by police

A teenager in the UK who set up a phony site as a feature of a “complex digital misrepresentation” has had more than £2 million ($2.7 million) of cryptocurrency seized by police. The unidentified 17-year-old used the site to trick clients of a digital gift card site into entering their details. He took £6,500 ($8,923) […]

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PayPal launches cryptocurrency support in the UK

Residents of the UK now have the ability to buy, hold and sell cryptocurrencies through PayPal. The payments platform announced last November that it would begin providing support for cryptocurrency, a move that it initiated in the US at the time. It is now expanding its support, with the UK becoming the latest market it […]

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Cryptocurrency exchange Binance banned from the UK

The Financial Conduct Authority (FCA), the UK’s financial watchdog, has told cryptocurrency exchange Binance that it needs to take a break. It had previously questioned the company’s access to the UK market, and has now formally determined that it is not permitted to be operating in the country. Binance can no longer serve British clients […]

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