PayPal UK has announced a suspension of crypto sales from October 1, signaling a need for adaptability in the evolving cryptocurrency landscape.…
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PayPal Pauses Cryptocurrency Transactions in the U.K. Till 2024 Due to FCA Regulations.
by coinbritby coinbritThe leader in online payments worldwide, PayPal, has temporarily suspended its bitcoin buying services in the UK. This action is in accordance…
- CryptoRegulations
UK Crypto Registration Stats: Only 13% of Applications Approved, Reveals Regulator
by coinbritby coinbritThe Financial Conduct Authority (FCA), the primary financial regulator in the UK, has disclosed data showing that since January 2020, 291 cryptocurrency…
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SoFi Bank’s Q2 Earnings Report Reveals $166M Crypto Holdings and Regulatory Challenges
by coinbritby coinbritThe San Francisco-based SoFi bank has unveiled its second quarter (Q2) earnings report, showcasing a staggering $166 million in cryptocurrency holdings. This…
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UK Government Considers Bolstering Bank of England’s Role in Regulating Stablecoins
by coinbritby coinbritThe UK government is deliberating a potential shift in regulatory dynamics, aiming to strengthen the authority of the Bank of England (BoE)…
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Binance Secures Licenses for Crypto Services in Bitcoin-Adopter El Salvador
by coinbritby coinbritGlobal crypto exchange Binance has received regulatory greenlights for providing cryptocurrency services to residents of El Salvador. The Central Reserve Bank of…
Revolut, a cryptocurrency-friendly trading neobank, has announced its decision to suspend all cryptocurrency services for its US users due to ongoing regulatory…
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SEC Freezes Assets of Debt Box, Alleging $50M Node License ‘Sham’
by coinbritby coinbritThe United States Securities and Exchange Commission (SEC) has taken action against Utah-based crypto company Digital Licensing Inc., operating as “DEBT Box,”…
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Binance Appoints New Compliance and Money Laundering Reporting Officer
by coinbritby coinbritBinance, the prominent cryptocurrency exchange, has appointed Kristen Hecht as its Deputy Chief Compliance Officer (CCO) and Global Money Laundering Reporting Officer…
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X’s Ad Revenue Sharing: Potential for Crypto Payments in the Future?
by coinbritby coinbritKraken’s Proposal and Community Response: Kraken suggested the idea of enabling Bitcoin payments on the X platform, which garnered a favorable response…