Latest news about: UK

Royal mint UK launches bitcoin with gold backing

Royal mint UK launches bitcoin with gold backing

The Royal mint of great Britain, which is responsible for the production of all the physical money in circulation in the country, announced the launch of its cryptocurrency with gold backing. Coin based on the blockchain technology, called the Royal Mint Gold (RMG) is the digital equivalent of gold, which is stored in the repository… More

IHS Cambridge Blockchain and Markit entered into a blockchain-partnership

IHS Cambridge Blockchain and Markit entered into a blockchain-partnership

Signed a partnership between the Cambridge startup Blockchain and the British firm IHS, Markit, specializing in the analysis of data. In partnership with Cambridge Blockchain will complement existing IHS Markit services aimed at the prevention of money laundering through crypto-currencies and compliance with the policy “Know your customer” (KYC). About this informed the head of… More

British Prime Minister Theresa may announced plans to “seriously” engage bitcoin

British Prime Minister Theresa may announced plans to “seriously” engage bitcoin

British Prime Minister Theresa may said that her administration will examine the issue of cryptocurrencies, including bitcoin, after warnings about the use of their underworld. In an interview with Bloomberg behind the scenes of the world economic forum in Davos, Switzerland, British Prime Minister, Theresa may, discussed the possible “harassment” of such technology companies as… More

The UK government is investing $ 26 million in projects on the basis of technologies of distributed registries

The UK government is investing $ 26 million in projects on the basis of technologies of distributed registries

Special authority to the British government on the development of technologies – Innovate UK boosts support companies that work with blockchain technology. Innovate UK, not belonging to any of the departments, said that invests in projects that develop products or services with the use of new technologies including the blockchain, 19 million pounds (26.6 million… More

The Bank of England refused to release their cryptocurrency

The Bank of England refused to release their cryptocurrency

The Bank of England abandoned plans to create its own digital currency due to concerns over its impact on the financial system. The Central Bank are integrated Kingdom, told FTAdviser that he had no plans to launch its own cryptocurrency, but he will continue research on this topic. The announcement came a few days after… More

British regulator to increase pressure on the ICO

British regulator to increase pressure on the ICO

Last Friday the British financial regulator has announced that it will conduct a further analysis of the applicability of national laws to the ICO to determine the need for “further regulatory action”. In particular the statement of the office of financial regulation (FCA) said that it intends to conduct a “deeper analysis” of events, collecting… More

The Ministry of Finance of great Britain plans to regulate bitcoin

The Ministry of Finance of great Britain plans to regulate bitcoin

Proponents of bitcoin understand that the official policy of the regulation and the statements of many governments caused not by threats or tax evasion, as a continuous and unprecedented high growth rates for the world’s most popular cryptocurrency. In a local publication that the Ministry of Finance of great Britain “launches the crackdown against the… More

In the UK intend to strictly regulate cryptocurrencies

In the UK intend to strictly regulate cryptocurrencies

The UK Treasury has announced plans to strongly regulate the cryptocurrency in order to prevent money laundering and tax evasion. No specific details of future regulations is unknown, but they will include practices for combating money laundering – AML and KYC. Regulations should enter into force before the end of 2017 or early 2018. Advanced… More