United Kingdom

UK FCA gives crypto startups a hindering hand

Late last week, the United Kingdom’s Financial Conduct Authority issued temporary licenses to applicant companies looking to become licensed crypto-asset firms. However, with the publication of this list of temporarily authorized firms has come a large amount of confusion for those that applied or were thinking of applying. The deadline for companies to have acquired …

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CB Insights’ Blockchain 50 lists US, UK and Switzerland as adoption hotbeds

Research firm CB Insights and Blockdata, the data company acquired by CB Insights in September of this year, have unveiled their first-ever annual “Blockchain 50” list, which consists of 50 private companies applying or analyzing blockchain technology to solve business- or consumer-related problems across various industries. Jonathan Knegtel, CEO and co-founder of Blockdata, told Cointelegraph …

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World governments agree on importance of crypto regulation at G-7 meeting

Digital asset regulation has been a hot topic in 2020 and shows no signs of cooling. A recent G7 meeting concluded that the sector faces an ongoing need for regulation.  In addition to talking about COVID-19 and economic issues, the group “also discussed ongoing responses to the evolving landscape of crypto assets and other digital …

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Amazon workers plan Black Friday strikes and protests in 15 countries

ASSOCIATED PRESS Amazon warehouse workers in several countries are planning to carry out strikes and protests on Black Friday, one of the biggest sales events of the year for the company. Among other things, they’ll call on Amazon to improve pay and safety conditions, and respect their right to organize. Social and environmental justice activists …

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Watch out, fraudsters are claiming they are from Blockchain.com

Fraudulent actors currently float around the internet claiming association with crypto trading and wallet company Blockchain.com, as confirmed by the Financial Conduct Authority, or FCA, a United Kingdom-based regulatory entity. The copycats assert association with Blockchain.com under Blockchain Ltd, a clone version of the real company. The genuine Blockchain.com, under the agent Blockchain Access UK …

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Hedera Hashgraph to be used for crowdsourced airstrike warning app in Syria

Sentry is an an app developed by Hala Systems that has been providing civilians with a crowdsourced and sensor-driven early warning system against airstrikes during the protracted civil war in Syria. Live since 2016, the system has evolved to become more accurate and complex, using a sensor network, artificial intelligence, and blockchain technology to provide …

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The UK Bans Crypto Derivatives

The crypto industry reacts to a big move from the United Kingdom’s Financial Conduct Authority. Our main discussion: The U.K. has banned crypto derivatives. Just days after the U.S. announced significant action involving BitMEX, the U.K.’s Financial Conduct Authority has made its own move to stop crypto derivatives.  In this episode, NLW breaks down what …

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More than half of all crypto exchanges have weak or no ID verification

More than half of all exchanges worldwide have weak KYC identification protocols — with exchanges in Europe, the U.S. and U.K. among the worst offenders, according to a new study by blockchain analysis firm CipherTrace CipherTrace analyzed more than 800 decentralized, centralized, and automated market maker exchanges and found 56% of them did not follow …

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Could Russia lead Eastern Europe’s crypto boom?

Not unlike many other jurisdictions around the world, Russia has come to recognize the potential benefits and risks flowing from cryptocurrencies by taking its first step to define and codify digital assets. The new Russian legislation dubbed “On Digital Financial Assets” sets a clear direction for the treatment of cryptocurrencies by authorities and how both …

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Bitcoin could help to obtain financial services, making them more accessible

The price of Bitcoin (BTC) has recently shot up after months of stability. In April and May, trading prices came in between the narrow range of $9,000 and $10,000, with realized volatility falling to its lowest in three years by mid-July.  The speculation behind the price move has come amid economic uncertainty brought about by …

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