Challenger bank Kroo bans crypto transactions, warning of “scams”
London-based challenger bank Kroo is banning customers from carrying out crypto transactions, saying cryptocurrencies are “increasingly being used by fraudsters...
Cryptocurrency
British-Chinese bitcoin money launderer jailed for over 6 years
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.A British-Chinese woman has been sentenced to six years and eight months in prison for laundering bitcoin derived from a £5bn fraud in China committed by her employer, London’s Southwark Crown Court heard on Friday.Jian Wen, 42, was convicted in March of one count of money laundering on behalf of a Chinese woman, Yadi Zhang, her former boss.During a raid on Wen and Zhang’s Hampstead mansion in 2018 London’s Metropolitan Police seized...
Woman jailed for laundering bitcoin in UK from $6.4 billion China fraud
By Sam TobinLONDON (Reuters) -A woman accused of converting bitcoin into cash and property to help hide the proceeds of...
Chinese takeaway worker Jian Wen jailed for money laundering after £3bn Bitcoin seizure | UK News
Wen, 42, tried to buy properties in London, including a £23.5m seven-bedroom Hampstead mansion with a swimming pool and a...
Internet-famous Kabosu has passed away, owner says
Kabosu, the Japanese dog famously known online for being the face of the cryptocurrency Dogecoin, has passed away.Owner Atsuko Sato...
Bitcoin Whales Accumulate $1.4 Billion BTC as US Congress Passes FIT21 Bill
A major shift in US cryptocurrency regulations has set off a surge of excitement for Bitcoin (BTC) and injected fresh...
Here’s Why US SEC Is in Trouble Following Ether ETF Approval, According to Crypto Lawyer
Cryptocurrency lawyer James Murphy, known as MetaLawMan, believes the United States Securities and Exchange Commission (SEC) has gotten into trouble...
What are bitcoin ETNs?
Bitcoin ETNs will soon begin trading on the London Stock Exchange. But what are these financial products and how will...
US House approves new regulation bill in a win for crypto
The United States House of Representatives has voted 279-136 to approve the Financial Innovation and Technology for the 21st Century...
Analysts sees upside for EUR/GBP amid weak UK retail sales By Investing.com
Analysts at ING stated that the currency pair seems undervalued, following the United Kingdom's retail sales data which came in...
