Archive

Tag: UK

INCREASING REPORTING REQUIREMENTS IN THE UK

Cryptocurrency companies in the UK may soon face a tightening of reporting requirements. FCA UK has proposed expanding the scope of the obligation of annual reporting for cryptocurrency companies in order to further investigate money laundering and which firms can…

KCN: DAI REWARDS FOR CUSTOMERS

Hello dear viewers! Coinbase is launching Dai Rewards for customers in six countries: USA, UK, Netherlands, Spain, France and Australia, which will allow receiving 2% of rewards. According to the official announcement, Coinbase is launching Dai Rewards, as the yields…

KCN: BINANCE STRIDES TOWARDS THE UK

Hello from the UK! Alice is in touch with you. One of the world cryptocurrency exchanges Binance, announced the launch of a trading platform in the UK in the summer of 2020. According to an article published by Reuters: “At…

COOPERATION OF FINTECH REGULATORS

The UK Treasury announced the formation of a cryptocurrency target group, consisting of the representatives of Bank of England (BOE) and the Financial Conduct Authority (FCA). The new group will manage the risks associated with cryptocurrency assets, as well as…

GREAT BRITAIN IS STUDYING CRYPTOMARKET

The Bank of England considers the possibility of issuing its own digital currency. The bank has created a research group to study the prospects for the establishment of the national crypto money. It is planned that the new currency will…