Brits can now withdraw physical cash for GBPT, a one-for-one pound sterling stablecoin, as well as other cryptos at ATMs in the United Kingdom.
Read more
UK regulator investigates charity linked to FTX
The Charity Commission opened the inquiry on Dec. 19, after FTX had filed for bankruptcy in the United States and former CEO Sam Bankman-Fried was
Read moreUK Is Becoming The China Of Europe-Find Out Why
In recent months, crypto platforms with U.S. operations, including, Wirex and B2C2, withdrew their application to register with the United Kingdom (UK) financial service watchdog
Read more
UK Bitcoin community reacts to incoming CBDC and digital pound rollout
A new role, “head of CBDC,” will help the United Kingdom to “explore the case for a digital pound,” although U.K. Bitcoiners would argue that
Read more
UK gov’t is hiring a central bank digital currency lead for Treasury team
The team lead will determine the “strategic direction” for Treasury’s efforts to develop a digital pound in line with the U.K. government’s agenda.
Read more
British authorities split on banning sale of crypto investment products
Policymakers in the United Kingdom are divided on whether the sale, marketing and distribution of derivatives and exchange-traded notes, tied with crypto, should be banned.
Read more