Please note, this is a STATIC archive of website cointelegraph.com from 17 Oct 2021, cach3.com does not collect or store any user information, there is no "phishing" involved.

United Kingdom News

There are no strict regulations on Bitcoin in UK. Bitcoin has no established legal status but is commonly treated as a foreign currency for most purposes, including value-added and goods-and-service taxes. Cryptocurrencies profits and losses are subject to capital gains tax. However, the UK government is planning on implementing some legal procedures in the cryptocurrency market. Their primary goal is to require UK Bitcoin exchanges to conduct due diligence in relation to customers and include cryptocurrency platforms in anti-money laundering and counter-terrorism financing policies. The UK has issued a warning about the risks of investing in ICOs and cryptocurrencies, though it has yet to establish any direct rules concerning it. Still, it was stated multiple times that the United Kingdom is working on cryptocurrency regulations and has no intentions to leave it in a legal gray area.

Top News

Shiba Inu rebounds 40% despite major selling by SHIB whales

One currency to rule them all: Facebook’s Diem has global ambitions

Shiba Inu is now a top-20 cryptocurrency with SHIB price soaring 300% in 9 days

Bitcoin's $100K price target returns as BTC price breaks out of bull pennant

What Bitcoin correction? BTC price holds $55K despite several bearish indicators

The U.K., the U.S, Hong Kong and Singapore have the largest number of registered digital currency exchanges, per a recent report.

New Study Reveals Countries With Most Registered Crypto Exchanges

2019-09-11T20:14:00+01:00

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Nickel Asset Management, a U.K.-based hedge fund manager, has raised $50 million for its newly launched crypto investment fund.

London-Based Hedge Fund Raises $50M for New Crypto Investment Fund

2019-09-09T21:55:00+01:00

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Bitcoin is poised to benefit from the economic havoc and political implications of a possible no-deal Brexit, analysts argue.

Bitcoin Price Stable Compared to Pound Sterling During Brexit Debacle

2019-09-05T01:10:00+01:00

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In a proof of concept demonstration, a Jaguar I-Pace uses Iota’s DLT to track and display the car’s energy source and usage to the public.

Jaguar Uses Iota in Proof-of-Concept Demo for Tracing Car Energy

2019-08-30T23:07:00+01:00

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Countries and internet companies hold on to hard stances on cryptocurrency advertising, as the industry seeks to survive the challenges.

Crypto Advertisement Still Unwelcome, How Is the Industry Coping?

2019-08-28T19:45:00+01:00

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The United Kingdom’s far-right National Liberal Party has published what it describes as the country’s first coherent cryptocurrency policy.

Controversial UK Party Becomes Nation’s First to Reveal Crypto Policy

2019-08-27T10:55:00+01:00

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A British judge has ordered the confiscation of $1.1 million worth of crypto from a hacker who used phishing attacks to obtain personal data and sell it on the ...

British Hacker to Hand Over $1M in Crypto for Phishing Attacks

2019-08-23T18:10:00+01:00

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"People always ask how I am coping with living on Bitcoin,” a British software developer tells a UK tabloid, “but the truth is that my lifestyle hasn’t really c...

UK Employee Explains Why He Chose a 100% Bitcoin Salary

2019-08-23T12:19:00+01:00

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