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Finance

Lloyd’s of London-Backed Insurance Policies Can Now Be Paid for in Crypto on Ethereum

Cryptocurrency insurance underwriter Evertas, a Lloyd’s coverholder, has teamed up with smart contract-based insurance marketplace Nayms to offer the on-chain policies.

By Ian AllisonJul 31, 2024

Lloyd’s of London-Backed Insurance Policies Can Now Be Paid for in Crypto on Ethereum

Finance

Coinbase's CBPL Fined $4.5M by UK Regulator for Lapses in Onboarding Controls

Despite restrictions in place, CBPL onboarded 13,416 high-risk customers for e-money services, the Financial Conduct Authority said.

By Camomile ShumbaJul 25, 2024

Coinbase's CBPL Fined $4.5M by UK Regulator for Lapses in Onboarding Controls

Finance

Crypto-Friendly Bank Revolut Plans to Sell $500M of Employee Shares at $45B Valuation: WSJ

Revolut has been in talks with investment firm Greenoaks over the sale, which would pave the way for a potential IPO

By Jamie CrawleyJul 23, 2024

Crypto-Friendly Bank Revolut Plans to Sell $500M of Employee Shares at $45B Valuation: WSJ

Policy

Craig Wright Referred to UK Prosecutors for Consideration of Perjury Charges

Judge James Mellor also approved injunctions that prevent Wright from taking others to court again under the guise he is Satoshi Nakamoto.

By Camomile Shumba, Cheyenne LigonJul 16, 2024

Craig Wright Referred to UK Prosecutors for Consideration of Perjury Charges

Policy

DAO-Specific Legislation Isn't Needed Yet, English Legal Body Says

The Law Commission said decentralized autonomous organizations appear to fall under existing laws for the time being.

By Camomile ShumbaJul 11, 2024

DAO-Specific Legislation Isn't Needed Yet, English Legal Body Says

Policy

Labour Landslide Sets Up Starmer as UK Prime Minister With Unstated Crypto Plans

While the industry was not mentioned in the party's manifesto or on the campaign trail, Labour has said it will support tokenization and a central bank digital currency.

By Camomile ShumbaJul 5, 2024

Labour Landslide Sets Up Starmer as UK Prime Minister With Unstated Crypto Plans

Policy

Ahead of the U.K. Election, Major Parties Remain Silent on Crypto Issues

The U.K. is set to hold its first election in five years on Thursday and crypto is not a campaign-trail issue.

By Camomile ShumbaJul 3, 2024

Ahead of the U.K. Election, Major Parties Remain Silent on Crypto Issues

Finance

Bitcoin Payments App Strike Enters UK as Global Expansion Rolls Out

The payments firm now operates in over 100 countries and territories globally.

By Will CannyJun 25, 2024

Bitcoin Payments App Strike Enters UK as Global Expansion Rolls Out

Policy

UK Regulator FCA Arrests Two People Associated With 1B-Pound Illegal Crypto Business

The two suspects were interviewed under caution by the FCA and then released on bail.

By Camomile ShumbaJun 20, 2024

UK Regulator FCA Arrests Two People Associated With 1B-Pound Illegal Crypto Business

Policy

UK Minister Says Government Only Has Time to Implement Stablecoin, Staking Legislation

Economic Secretary Bim Afolami said that the government could put through stablecoin and staking legislation in the coming weeks but will outline what more is coming later.

By Camomile ShumbaMay 8, 2024

UK Minister Says Government Only Has Time to Implement Stablecoin, Staking Legislation

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