Britain News

U.K.-based crypto exchange Lykke said over $22 million worth of crypto had been stolen from its wallet in early June. British cryptocurrency exchange Lykke reported a loss exceeding $22 million following a cyberattack on its wallet. In a Jun. 10…

With the latest move, the U.K. hopes to bolster liquidity in its asset management market. British investment managers have received an approval to develop tokenized funds with the help of blockchain technology as the country seeks to benefit from the…

Government agencies intensify crypto-related crackdown amid increased scams, US Congress progress on regulations, Worldcoin triggers regulatory concerns

Worldcoin, which is gaining notoriety due to its controversial iris-scanning biometrics, is currently being investigated by French data authority

A British government official stated that Britain’s primary focus would be to regulate stablecoins, rather than the extensive cryptocurrency market. Stablecoins’ Perceived  Threat Propels Calls for Regulation According to Reuters on Tuesday (Mar. 30, 2021), Britain’s Economic Secretary to the…