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Crypto

  • HMRC contacts just 0.4 per cent of UK crypto holders about tax rules

    March 16, 2022

    HM Revenue & Customs contacted just 0.4 per cent of the estimated 2.3m crypto holders in the UK about owing tax on their investments.

  • Ex-Meta staff raise $200m for new crypto venture

    March 16, 2022

    Former Meta staffers have created a $1bn crypto startup from the ashes of Diem, the abortive stablecoin project shut down earlier this year.

  • Binance handed Dubai licence days after Bahrain green light

    March 16, 2022

    Binance has today been granted a Virtual Asset Licence to enable it to operate within Dubai’s ‘test-adapt-scale’ virtual asset market model as a base for expansion into the region.

  • HSBC dives into metaverse amid shutdown of bank branches

    March 16, 2022

    HSBC is swapping the physical world for virtual reality with plans to build a metaverse amid the closure of dozens of physical bank branches.

  • Olivier Trombert named as CEO at Tyr Capital

    March 16, 2022

    Cryptocurrency hedge fund Tyr Capital has appointed Olivier Trombert as its new Chief Executive Officer.

  • Hundreds of thousands of crypto addresses linked to sanctioned Russians

    March 15, 2022

    Several hundred thousand crypto wallets have been linked to Russia-based individuals facing sanctions amid conflict with Ukraine.

  • Consensys raises $450m at $7bn valuation

    March 15, 2022

    Consensys, the company behind the Metamask wallet, has doubled its valuation in a matter of months with its latest bumper funding round.

  • FCA opens search for head of new crypto division as crime soars

    March 15, 2022

    In a sign that UK regulators are turning the screws on crypto the Financial Conduct Authority is setting up a dedicated division.

  • Crypto scams reported to UK watchdog double in a year to top 6,300

    March 15, 2022

    Crypto scams are on the rise in the UK with the number of reports doubling last year amid an explosion of interest in digital assets.

  • Carmaker offers non-Fiat crypto rewards to electric vehicle drivers

    March 15, 2022

    Carmaker Fiat is driving crypto adoption with a scheme to reward efficient electric car drivers with the currency Kiricoin.

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