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Category United Kingdom

UK government plans to introduce new incentives to make electric vehicles (EVs) more affordable

UK government plans to introduce new incentives to make electric vehicles (EVs) more affordable

While Donald Trump’s government is making sure its citizens don’t feel pressured to buy electric cars, the UK is planning to introduce incentives t...
How Two UK Scammers Used Fake Crypto Sites to Steal $2 Million

How Two UK Scammers Used Fake Crypto Sites to Steal $2 Million

A United Kingdom court has sentenced two men for engaging in cryptocurrency fraud, which resulted in losses of over $2 million.
BoE Governor Warns Stablecoin Boom Could Undermine Monetary Trust – Central Banks on Alert

BoE Governor Warns Stablecoin Boom Could Undermine Monetary Trust – Central Banks on Alert

BoE Governor Andrew Bailey has argued that modern reserve currencies rely on central-bank liquidity and secure assets, not fixed pegs, and has caut...
Barclays To Ban All Crypto Transactions on Its Bank Cards, Citing Volatility Risks

Barclays To Ban All Crypto Transactions on Its Bank Cards, Citing Volatility Risks

One of the biggest financial institutions based in the United Kingdom (UK) is blocking all crypto transactions on its bank cards. In a new post, UK...
BOE Governor’s Skepticism Threatens Digital Pound Timeline Amid Global CBDC Race

BOE Governor’s Skepticism Threatens Digital Pound Timeline Amid Global CBDC Race

Speaking in Kyiv, Bank of England Governor Andrew Bailey has questioned the need for a retail Digital Pound, citing unclear benefits, while confirm...