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) […]
PayPal has completed its rollout of cryptocurrency solutions in the UK. The payments company said at the end of last week that it had finished the launch of its crypto capabilities in the country after beginning to introduce access to digital currency in late August. The launch in the UK marks the first expansion of […]
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 […]
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 […]
A new study by the UK’s Financial Conduct Authority (UJ) reveals that there has been a significant increase in cryptocurrency ownership in the country. The FCA published the results of a consumer survey today that found that 2.3 million adults in the UK are holding cryptocurrency assets. This is an increase from the 1.9 million […]
