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	<title>UK &#8211; Bitfinance</title>
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	<item>
		<title>The Hyundai Tucson was recognized as “Best Used Family SUV” at the What Car? Used Car Awards.</title>
		<link>https://bitfinance.news/en/the-hyundai-tucson-was-recognized-as-best-used-family-suv-at-the-what-car-used-car-awards/</link>
		
		<dc:creator><![CDATA[Marilin Pino]]></dc:creator>
		<pubDate>Tue, 17 Feb 2026 11:00:07 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Featured]]></category>
		<category><![CDATA[Other topics]]></category>
		<category><![CDATA[“Best Used Family SUV”]]></category>
		<category><![CDATA[Ashley Andrew]]></category>
		<category><![CDATA[Best Family SUV]]></category>
		<category><![CDATA[Both new and used]]></category>
		<category><![CDATA[efficient driving]]></category>
		<category><![CDATA[high ownership value]]></category>
		<category><![CDATA[Hyundai Tucson]]></category>
		<category><![CDATA[hyundai venezuela]]></category>
		<category><![CDATA[Iksan Motors]]></category>
		<category><![CDATA[interior quality]]></category>
		<category><![CDATA[Mark Pearson]]></category>
		<category><![CDATA[practicality]]></category>
		<category><![CDATA[Tucson]]></category>
		<category><![CDATA[UK]]></category>
		<category><![CDATA[United Kingdom]]></category>
		<category><![CDATA[What Car? Used Car Awards]]></category>
		<guid isPermaLink="false">https://bitfinance.news/?p=119412</guid>

					<description><![CDATA[<div style="margin-bottom:20px;"><img width="1000" height="667" src="https://bitfinance.news/wp-content/uploads/2026/02/Imagen-referencial-Hyundai-TUCSON.jpeg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Este reconocimiento reafirma su solidez y valor tanto en el mercado de vehículos nuevos como de seminuevos a nivel mundial" decoding="async" fetchpriority="high" srcset="https://bitfinance.news/wp-content/uploads/2026/02/Imagen-referencial-Hyundai-TUCSON.jpeg 1000w, https://bitfinance.news/wp-content/uploads/2026/02/Imagen-referencial-Hyundai-TUCSON-300x200.jpeg 300w, https://bitfinance.news/wp-content/uploads/2026/02/Imagen-referencial-Hyundai-TUCSON-768x512.jpeg 768w" sizes="(max-width: 1000px) 100vw, 1000px" /></div><p>The Hyundai TUCSON was named “Best Used Family SUV” at the What Car? Used Car Awards,, organized by the British specialist magazine What Car?, for the year 2025, reaffirming the appeal of this model not only as a new vehicle but also as one of the top choices in the used car market. The What [&#8230;]</p>
<p>La entrada <a rel="nofollow" href="https://bitfinance.news/en/the-hyundai-tucson-was-recognized-as-best-used-family-suv-at-the-what-car-used-car-awards/">The Hyundai Tucson was recognized as “Best Used Family SUV” at the What Car? Used Car Awards.</a> apareció primero en <a rel="nofollow" href="https://bitfinance.news">Bitfinance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1000" height="667" src="https://bitfinance.news/wp-content/uploads/2026/02/Imagen-referencial-Hyundai-TUCSON.jpeg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Este reconocimiento reafirma su solidez y valor tanto en el mercado de vehículos nuevos como de seminuevos a nivel mundial" decoding="async" srcset="https://bitfinance.news/wp-content/uploads/2026/02/Imagen-referencial-Hyundai-TUCSON.jpeg 1000w, https://bitfinance.news/wp-content/uploads/2026/02/Imagen-referencial-Hyundai-TUCSON-300x200.jpeg 300w, https://bitfinance.news/wp-content/uploads/2026/02/Imagen-referencial-Hyundai-TUCSON-768x512.jpeg 768w" sizes="(max-width: 1000px) 100vw, 1000px" /></div><p style="text-align: justify;">The <a href="https://hyundaivenezuela.com/pasajeros/tucson-2/" target="_blank" rel="noopener"><strong>Hyundai TUCSON</strong></a> was named <strong>“Best Used Family SUV”</strong> at the <a href="https://www.whatcar.com/awards/used-car-awards" target="_blank" rel="noopener"><strong>What Car? Used Car Awards</strong></a>,, organized by the British specialist magazine What Car?, for the year <strong>2025, reaffirming the appeal of this model not only as a new vehicle but also as one of the top choices in the used car market.</strong></p>
<p style="text-align: justify;">The <strong>What Car? jury </strong>— one of the UK’s most prestigious and respected automotive publications and a benchmark for buyers worldwide — praised the <strong>Tucson</strong> for its <strong>exceptional practicality, premium interior quality, efficient driving dynamics, and high resale value.</strong></p>
<p style="text-align: justify;"><em>“If interior space is a priority, the <a href="https://hyundaivenezuela.com/pasajeros/tucson-2/" target="_blank" rel="noopener"><strong>Hyundai TUCSON</strong></a> is an ideal choice. Four tall adults will travel comfortably, and the trunk is truly spacious. The interior quality is also impressive. Furthermore, it’s enjoyable to drive, has very efficient hybrid versions, and a <strong>reputation for reliability that inspires confidence,”</strong></em> said<strong> Mark Pearson,</strong> Used Car Editor at What Car?</p>
<p style="text-align: justify;"><em>“The fact that this attractive family SUV offers such outstanding value when purchased used sealed the deal for the jury,”</em> he added.</p>
<p style="text-align: justify;">Since its launch in 2021, the <strong>Tucson</strong> has remained one of the UK’s best-selling vehicles and has received numerous international accolades from media outlets such as<em><strong> Top Gear, Auto Express, and Carbuyer.</strong></em></p>
<h3 style="text-align: left;">Brand new or used: best Family SUV</h3>
<figure id="attachment_119397" aria-describedby="caption-attachment-119397" style="width: 897px" class="wp-caption alignnone"><img decoding="async" class="wp-image-119397 size-full" src="https://bitfinance.news/wp-content/uploads/2026/02/Imagen-referencial-B.jpg" alt="The Hyundai TUCSON was distinguished and awarded as “Best Used Family SUV” in the awards organized by the renowned British magazine What Car?" width="897" height="595" srcset="https://bitfinance.news/wp-content/uploads/2026/02/Imagen-referencial-B.jpg 897w, https://bitfinance.news/wp-content/uploads/2026/02/Imagen-referencial-B-300x199.jpg 300w, https://bitfinance.news/wp-content/uploads/2026/02/Imagen-referencial-B-768x509.jpg 768w" sizes="(max-width: 897px) 100vw, 897px" /><figcaption id="caption-attachment-119397" class="wp-caption-text">The Hyundai TUCSON was distinguished and awarded as “Best Used Family SUV” in the awards organized by the renowned British magazine What Car?</figcaption></figure>
<p>&nbsp;</p>
<p style="text-align: justify;"><strong>Ashley Andrew,</strong> President of <strong>Hyundai Motor</strong> and Genesis <strong>UK</strong>, commented: “The <a href="https://hyundaivenezuela.com/pasajeros/tucson-2/" target="_blank" rel="noopener"><em><strong>TUCSON</strong></em></a> has proven to be a <strong>highly desirable SUV for tens of thousands of new car buyers for years</strong>, so it’s no surprise that its attributes are equally valued by those looking for a pre-owned vehicle. <strong>What Car?</strong> naming it <strong>Best Used Family SUV 2025</strong> is further proof of this. It’s a stylish, enjoyable vehicle to drive and offers exceptional value.”</p>
<p style="text-align: justify;">One of the many Hyundai dealerships always ready to provide advice and information in Venezuela is <strong><a href="https://concesionariohyundai.com/pasajeros/" target="_blank" rel="noopener">Iksan Motors</a></strong>, located in Las Mercedes (Caracas).</p>
<p style="text-align: justify;"><em>With information from Hyundai Venezuela, international media, and social media</em></p>
<p><strong>Follow our news on Google!</strong> For current, interesting, and accurate information, <a href="https://www.google.com/search?q=site:bitfinance.news&amp;tbm=nws&amp;tbs=sbd:1" target="_blank" rel="noopener">click here</a> to see all the content on <strong>Bitfinance.news</strong>. You can also find us on <a href="https://twitter.com/BitFinance_News" target="_blank" rel="noopener"><strong>X/Twitter</strong></a> and <a href="https://www.instagram.com/bitfinancenews/?hl=es" target="_blank" rel="noopener">Instagram</a></p>
<p>La entrada <a rel="nofollow" href="https://bitfinance.news/en/the-hyundai-tucson-was-recognized-as-best-used-family-suv-at-the-what-car-used-car-awards/">The Hyundai Tucson was recognized as “Best Used Family SUV” at the What Car? Used Car Awards.</a> apareció primero en <a rel="nofollow" href="https://bitfinance.news">Bitfinance</a>.</p>
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		<title>UK to apply new regulations to Google</title>
		<link>https://bitfinance.news/en/uk-to-apply-new-regulations-to-google/</link>
		
		<dc:creator><![CDATA[Marilin Pino]]></dc:creator>
		<pubDate>Fri, 24 Oct 2025 20:00:26 +0000</pubDate>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Legal & legislative]]></category>
		<category><![CDATA[Other topics]]></category>
		<category><![CDATA[90 percent of searches are done with Google]]></category>
		<category><![CDATA[cma]]></category>
		<category><![CDATA[Competition regulators]]></category>
		<category><![CDATA[market dominance]]></category>
		<category><![CDATA[modify search operations]]></category>
		<category><![CDATA[UK]]></category>
		<guid isPermaLink="false">https://bitfinance.news/?p=116839</guid>

					<description><![CDATA[<div style="margin-bottom:20px;"><img width="1100" height="629" src="https://bitfinance.news/wp-content/uploads/2025/10/nathana-reboucas-O5v8heKY4cI-unsplash.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Google podría ser obligada en Reino Unido a modificar sus operaciones de búsqueda luego de que el país le aplicara nuevas regulaciones para hacer frente al dominio de las grandes tecnológicas" decoding="async" srcset="https://bitfinance.news/wp-content/uploads/2025/10/nathana-reboucas-O5v8heKY4cI-unsplash.jpg 1100w, https://bitfinance.news/wp-content/uploads/2025/10/nathana-reboucas-O5v8heKY4cI-unsplash-300x172.jpg 300w, https://bitfinance.news/wp-content/uploads/2025/10/nathana-reboucas-O5v8heKY4cI-unsplash-1024x586.jpg 1024w, https://bitfinance.news/wp-content/uploads/2025/10/nathana-reboucas-O5v8heKY4cI-unsplash-768x439.jpg 768w, https://bitfinance.news/wp-content/uploads/2025/10/nathana-reboucas-O5v8heKY4cI-unsplash-750x430.jpg 750w" sizes="(max-width: 1100px) 100vw, 1100px" /></div><p>Competition regulators in the UK have targeted Google for concentrating the largest percentage of searches. On Friday, October 10, a landmark ruling was issued designating Google as a company with a strategic position in the search market. According to Will Hayter, Executive Director of Digital Markets at the Competition and Markets Authority, the company “holds [&#8230;]</p>
<p>La entrada <a rel="nofollow" href="https://bitfinance.news/en/uk-to-apply-new-regulations-to-google/">UK to apply new regulations to Google</a> apareció primero en <a rel="nofollow" href="https://bitfinance.news">Bitfinance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1100" height="629" src="https://bitfinance.news/wp-content/uploads/2025/10/nathana-reboucas-O5v8heKY4cI-unsplash.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Google podría ser obligada en Reino Unido a modificar sus operaciones de búsqueda luego de que el país le aplicara nuevas regulaciones para hacer frente al dominio de las grandes tecnológicas" decoding="async" srcset="https://bitfinance.news/wp-content/uploads/2025/10/nathana-reboucas-O5v8heKY4cI-unsplash.jpg 1100w, https://bitfinance.news/wp-content/uploads/2025/10/nathana-reboucas-O5v8heKY4cI-unsplash-300x172.jpg 300w, https://bitfinance.news/wp-content/uploads/2025/10/nathana-reboucas-O5v8heKY4cI-unsplash-1024x586.jpg 1024w, https://bitfinance.news/wp-content/uploads/2025/10/nathana-reboucas-O5v8heKY4cI-unsplash-768x439.jpg 768w, https://bitfinance.news/wp-content/uploads/2025/10/nathana-reboucas-O5v8heKY4cI-unsplash-750x430.jpg 750w" sizes="(max-width: 1100px) 100vw, 1100px" /></div><p style="text-align: justify;"><strong>Competition regulators in the UK have targeted Google</strong> for <strong>concentrating the largest percentage of searches.</strong> On Friday, October 10, a landmark ruling was issued designating <strong>Google as a company with a strategic position in the search market.</strong></p>
<p style="text-align: justify;">According to Will Hayter, <strong>Executive Director of Digital Markets at the Competition and Markets Authority</strong>, the company “holds a <strong>strategic position</strong> in the search and search advertising sector, with over <strong>90 % of searches in the UK conducted on its platform.”</strong></p>
<p style="text-align: justify;">The CMA has the power to intervene and <strong>ensure that Google’s search services are “open to effective competition.”</strong> Although the ruling does not lead to immediate changes, the regulator can impose fines for non-compliance and has direct enforcement powers.</p>
<p style="text-align: justify;">Since June, potential changes it could require from Google have been outlined, &#8220;such as fairer search rankings, easier access to alternative search engines for consumers, and greater control by publishers over how their content is used in AI-generated responses.<strong> It is expected to consult on any planned intervention later this year.&#8221;</strong></p>
<p style="text-align: justify;">M.Pino</p>
<p><em>Source: <a href="https://es.marketscreener.com/noticias/reino-unido-activa-nuevos-poderes-para-regular-la-b-squeda-de-google-ce7d5adad18af423" target="_blank" rel="noopener">es.marketscreener</a></em></p>
<p>(Reference image source: Nathana Rebouças on Unsplash)</p>
<p><em>Visit our news channel on </em><a href="https://news.google.com/publications/CAAqBwgKMP_wxAswoozcAw?ceid=VE:es-419&amp;oc=3" target="_blank" rel="noopener"><em><strong>Google News</strong></em></a><em> and follow us to get accurate, interesting information and stay up to date with everything. You can also see our daily content on </em><a href="https://twitter.com/BitFinance_News" target="_blank" rel="noopener"><em><strong>X/Twitter</strong></em></a><em> and </em><a href="https://www.instagram.com/bitfinancenews/?hl=es" target="_blank" rel="noopener"><em><strong>Instagram</strong></em></a></p>
<p>La entrada <a rel="nofollow" href="https://bitfinance.news/en/uk-to-apply-new-regulations-to-google/">UK to apply new regulations to Google</a> apareció primero en <a rel="nofollow" href="https://bitfinance.news">Bitfinance</a>.</p>
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		<title>Xbox requires age verification to accounts in the UK</title>
		<link>https://bitfinance.news/en/xbox-requires-age-verification-to-accounts-in-the-uk/</link>
		
		<dc:creator><![CDATA[Marilin Pino]]></dc:creator>
		<pubDate>Fri, 01 Aug 2025 20:00:33 +0000</pubDate>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Innovation]]></category>
		<category><![CDATA[Legal & legislative]]></category>
		<category><![CDATA[Other topics]]></category>
		<category><![CDATA[age verification]]></category>
		<category><![CDATA[new measures]]></category>
		<category><![CDATA[security]]></category>
		<category><![CDATA[UK]]></category>
		<category><![CDATA[xbox]]></category>
		<guid isPermaLink="false">https://bitfinance.news/?p=115078</guid>

					<description><![CDATA[<div style="margin-bottom:20px;"><img width="1100" height="733" src="https://bitfinance.news/wp-content/uploads/2025/07/alexandre-schrammel-_93_b9yh190-unsplash.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Microsoft ha lanzado la medida de verificación de edad para Xbox en Reino Unido como medida de protección para los jugadores más jóvenes" decoding="async" srcset="https://bitfinance.news/wp-content/uploads/2025/07/alexandre-schrammel-_93_b9yh190-unsplash.jpg 1100w, https://bitfinance.news/wp-content/uploads/2025/07/alexandre-schrammel-_93_b9yh190-unsplash-300x200.jpg 300w, https://bitfinance.news/wp-content/uploads/2025/07/alexandre-schrammel-_93_b9yh190-unsplash-1024x682.jpg 1024w, https://bitfinance.news/wp-content/uploads/2025/07/alexandre-schrammel-_93_b9yh190-unsplash-768x512.jpg 768w" sizes="(max-width: 1100px) 100vw, 1100px" /></div><p>The United Kingdom must comply with the age verification request for Xbox, Microsoft recently announced. The measure seeks to protect gamers, particularly younger ones. The announcement has put countries such as Spain, Mexico, and Colombia on alert, considering that the measure could affect local gamers. As the technology company stated, &#8220;the verification affects accounts declared [&#8230;]</p>
<p>La entrada <a rel="nofollow" href="https://bitfinance.news/en/xbox-requires-age-verification-to-accounts-in-the-uk/">Xbox requires age verification to accounts in the UK</a> apareció primero en <a rel="nofollow" href="https://bitfinance.news">Bitfinance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1100" height="733" src="https://bitfinance.news/wp-content/uploads/2025/07/alexandre-schrammel-_93_b9yh190-unsplash.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Microsoft ha lanzado la medida de verificación de edad para Xbox en Reino Unido como medida de protección para los jugadores más jóvenes" decoding="async" srcset="https://bitfinance.news/wp-content/uploads/2025/07/alexandre-schrammel-_93_b9yh190-unsplash.jpg 1100w, https://bitfinance.news/wp-content/uploads/2025/07/alexandre-schrammel-_93_b9yh190-unsplash-300x200.jpg 300w, https://bitfinance.news/wp-content/uploads/2025/07/alexandre-schrammel-_93_b9yh190-unsplash-1024x682.jpg 1024w, https://bitfinance.news/wp-content/uploads/2025/07/alexandre-schrammel-_93_b9yh190-unsplash-768x512.jpg 768w" sizes="(max-width: 1100px) 100vw, 1100px" /></div><p style="text-align: justify;">The <strong>United Kingdom</strong> must comply with the age <strong>verification request for Xbox, Microsoft recently announced</strong>. The measure seeks to <strong>protect gamers, particularly younger ones.</strong></p>
<p style="text-align: justify;">The announcement has put <strong>countries such as Spain, Mexico, and Colombia on alert,</strong> considering that the measure could affect local gamers.</p>
<p style="text-align: justify;">As the technology company stated, &#8220;the <strong>verification affects accounts declared as 18 years of age or older and will be required to continue using social features such as voice chat, messages, or game invites without limitations.&#8221;</strong> For its part, Xbox confirmed in an official statement that t<strong>he decision has no impact on &#8220;games, history, or previous purchases</strong>, but <strong>those who do not verify their age will see their social use restricted to friends only starting in 2026.&#8221;</strong></p>
<p style="text-align: justify;">In the document, Xbox clarifies that the measure &#8220;seeks to comply with the UK Online Safety Act, a law that requires mechanisms to <strong>protect minors on digital platforms.</strong> Verification will be mandatory<strong> starting in early 2026</strong>, although users can already complete it voluntarily now to avoid future restrictions.&#8221;</p>
<p style="text-align: justify;">Among the options for completing age verification, the platform offers <strong>several secure options:</strong> through<strong> an official ID, a bank card, a mobile operator card, or facial recognition.</strong> They assure us that this process is <strong>encrypted,</strong> and the information is not stored or used for other purposes.</p>
<p style="text-align: justify;">Regarding <strong>security</strong>, <strong>Microsoft</strong> maintains its <strong>recommendation that parents create child or youth accounts from the beginning,</strong> given that they &#8220;do not require additional verification and can be easily managed from the<strong> Xbox Family Settings app.&#8221;</strong></p>
<p style="text-align: justify;">M.Pino</p>
<p><em>Source: <a href="https://generacionxbox.com/xbox-comienza-a-exigir-verificacion-de-edad-en-reino-unido-llegara-tambien-a-espana-y-otros-paises/" target="_blank" rel="noopener">generacionxbox.com</a></em></p>
<p>(Reference image source: Alexandre Schrammel on Unsplash)</p>
<p><em>Visit our news channel on </em><a href="https://news.google.com/publications/CAAqBwgKMP_wxAswoozcAw?ceid=VE:es-419&amp;oc=3" target="_blank" rel="noopener"><em><strong>Google News</strong></em></a><em> and follow us to get accurate, interesting information and stay up to date with everything. You can also see our daily content on </em><a href="https://twitter.com/BitFinance_News" target="_blank" rel="noopener"><em><strong>X/Twitter</strong></em></a><em> and </em><a href="https://www.instagram.com/bitfinancenews/?hl=es" target="_blank" rel="noopener"><em><strong>Instagram</strong></em></a></p>
<p>La entrada <a rel="nofollow" href="https://bitfinance.news/en/xbox-requires-age-verification-to-accounts-in-the-uk/">Xbox requires age verification to accounts in the UK</a> apareció primero en <a rel="nofollow" href="https://bitfinance.news">Bitfinance</a>.</p>
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		<title>Cryptocurrency firms in the UK to report transactions data</title>
		<link>https://bitfinance.news/en/cryptocurrency-firms-in-the-uk-to-report-transactions-data/</link>
		
		<dc:creator><![CDATA[Marilin Pino]]></dc:creator>
		<pubDate>Wed, 21 May 2025 17:00:17 +0000</pubDate>
				<category><![CDATA[Cryptocurrencies]]></category>
		<category><![CDATA[Featured]]></category>
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		<category><![CDATA[Europe]]></category>
		<category><![CDATA[report customer transactions]]></category>
		<category><![CDATA[strengthen tax practices]]></category>
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		<category><![CDATA[UK]]></category>
		<guid isPermaLink="false">https://bitfinance.news/?p=113693</guid>

					<description><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="800" src="https://bitfinance.news/wp-content/uploads/2025/05/general-bytes-2fgO8iBeJ1U-unsplash-1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="A partir de 2026, las empresas de criptomonedas en Reino Unido deberán realizar el reporte de todas las transacciones de los clientes" decoding="async" srcset="https://bitfinance.news/wp-content/uploads/2025/05/general-bytes-2fgO8iBeJ1U-unsplash-1.jpg 1200w, https://bitfinance.news/wp-content/uploads/2025/05/general-bytes-2fgO8iBeJ1U-unsplash-1-300x200.jpg 300w, https://bitfinance.news/wp-content/uploads/2025/05/general-bytes-2fgO8iBeJ1U-unsplash-1-1024x683.jpg 1024w, https://bitfinance.news/wp-content/uploads/2025/05/general-bytes-2fgO8iBeJ1U-unsplash-1-768x512.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></div><p>The UK government has mandated that all cryptocurrency firms must report customer transactions starting in 2026 as an initiative to strengthen the country&#8217;s tax practices. The data these firms must provide to the government includes &#8220;the user&#8217;s full name, residential address, and VAT number,&#8221; as well as the cryptocurrency used in the transaction and the [&#8230;]</p>
<p>La entrada <a rel="nofollow" href="https://bitfinance.news/en/cryptocurrency-firms-in-the-uk-to-report-transactions-data/">Cryptocurrency firms in the UK to report transactions data</a> apareció primero en <a rel="nofollow" href="https://bitfinance.news">Bitfinance</a>.</p>
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										<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="800" src="https://bitfinance.news/wp-content/uploads/2025/05/general-bytes-2fgO8iBeJ1U-unsplash-1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="A partir de 2026, las empresas de criptomonedas en Reino Unido deberán realizar el reporte de todas las transacciones de los clientes" decoding="async" srcset="https://bitfinance.news/wp-content/uploads/2025/05/general-bytes-2fgO8iBeJ1U-unsplash-1.jpg 1200w, https://bitfinance.news/wp-content/uploads/2025/05/general-bytes-2fgO8iBeJ1U-unsplash-1-300x200.jpg 300w, https://bitfinance.news/wp-content/uploads/2025/05/general-bytes-2fgO8iBeJ1U-unsplash-1-1024x683.jpg 1024w, https://bitfinance.news/wp-content/uploads/2025/05/general-bytes-2fgO8iBeJ1U-unsplash-1-768x512.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></div><p style="text-align: justify;">The <strong>UK government has mandated that all cryptocurrency firms</strong> must <strong>report customer transactions starting in 2026</strong> as an initiative to strengthen the country&#8217;s tax practices.</p>
<p style="text-align: justify;">The data these firms must provide to the government includes <strong>&#8220;the user&#8217;s full name, residential address, and VAT number,&#8221; </strong>as well as the <strong>cryptocurrency used</strong> in the transaction and the <strong>amount </strong>moved, the UK Revenue and Customs Department stated in an official statement on May 14.</p>
<p style="text-align: justify;">&#8220;Details of <strong>companies, trusts, and charities</strong> that transact on cryptocurrency platforms must also be reported.&#8221; <strong>Failure to comply</strong> with this requirement or providing inaccurate data can result in <strong>fines of up to 300 British pounds ($398.4) per user.</strong></p>
<p style="text-align: justify;">For their part, the country&#8217;s authorities are &#8220;encouraging cryptocurrency companies to begin collecting data now to ensure compliance readiness,&#8221; as the new rule is part of the <strong>&#8220;UK&#8217;s integration of the Organization for Economic Development&#8217;s Cryptoasset Declaration</strong> <strong>Framework</strong> to improve transparency in cryptocurrency tax reporting.&#8221;</p>
<p style="text-align: justify;">M.Pino</p>
<p><em>Source: <a href="https://es.cointelegraph.com/news/uk-to-mandate-crypto-reporting-on-all-customer-transactions-in-2026" target="_blank" rel="noopener">cointelegraph</a></em></p>
<p>(Reference image source: GENERAL BYTES on Unsplash)</p>
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<p>La entrada <a rel="nofollow" href="https://bitfinance.news/en/cryptocurrency-firms-in-the-uk-to-report-transactions-data/">Cryptocurrency firms in the UK to report transactions data</a> apareció primero en <a rel="nofollow" href="https://bitfinance.news">Bitfinance</a>.</p>
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		<title>UK proposes law to reduce smartphone addiction in minors</title>
		<link>https://bitfinance.news/en/uk-proposes-law-to-reduce-smartphone-addiction-in-minors/</link>
		
		<dc:creator><![CDATA[Marilin Pino]]></dc:creator>
		<pubDate>Thu, 24 Oct 2024 16:00:16 +0000</pubDate>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Innovation]]></category>
		<category><![CDATA[States & entities]]></category>
		<category><![CDATA[addictive content]]></category>
		<category><![CDATA[Bill]]></category>
		<category><![CDATA[health of minors]]></category>
		<category><![CDATA[limiting exposure]]></category>
		<category><![CDATA[minors under 16]]></category>
		<category><![CDATA[reducing dependency]]></category>
		<category><![CDATA[Safer Phones]]></category>
		<category><![CDATA[Smartphone use]]></category>
		<category><![CDATA[UK]]></category>
		<guid isPermaLink="false">https://bitfinance.news/?p=109858</guid>

					<description><![CDATA[<div style="margin-bottom:20px;"><img width="1920" height="1076" src="https://bitfinance.news/wp-content/uploads/2024/10/daniel-romero-h0BZnBkl18I-unsplash.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="A través de un proyecto de Ley, autoridades de Reino Unido pretenden regular el uso de los teléfonos inteligentes en menores de 16 años" decoding="async" srcset="https://bitfinance.news/wp-content/uploads/2024/10/daniel-romero-h0BZnBkl18I-unsplash.jpg 1920w, https://bitfinance.news/wp-content/uploads/2024/10/daniel-romero-h0BZnBkl18I-unsplash-300x168.jpg 300w, https://bitfinance.news/wp-content/uploads/2024/10/daniel-romero-h0BZnBkl18I-unsplash-1024x574.jpg 1024w, https://bitfinance.news/wp-content/uploads/2024/10/daniel-romero-h0BZnBkl18I-unsplash-768x430.jpg 768w, https://bitfinance.news/wp-content/uploads/2024/10/daniel-romero-h0BZnBkl18I-unsplash-1536x861.jpg 1536w" sizes="(max-width: 1920px) 100vw, 1920px" /></div><p>The UK is studying a bill to reduce the exposure of minors under 16 to addictive content through mobile phones. The proposal was made by Labour MP Josh MacAlister, who argued that the goal is to “protect children from excessive use of mobile devices and social networks, which are often addictive by design.” The new [&#8230;]</p>
<p>La entrada <a rel="nofollow" href="https://bitfinance.news/en/uk-proposes-law-to-reduce-smartphone-addiction-in-minors/">UK proposes law to reduce smartphone addiction in minors</a> apareció primero en <a rel="nofollow" href="https://bitfinance.news">Bitfinance</a>.</p>
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										<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1920" height="1076" src="https://bitfinance.news/wp-content/uploads/2024/10/daniel-romero-h0BZnBkl18I-unsplash.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="A través de un proyecto de Ley, autoridades de Reino Unido pretenden regular el uso de los teléfonos inteligentes en menores de 16 años" decoding="async" srcset="https://bitfinance.news/wp-content/uploads/2024/10/daniel-romero-h0BZnBkl18I-unsplash.jpg 1920w, https://bitfinance.news/wp-content/uploads/2024/10/daniel-romero-h0BZnBkl18I-unsplash-300x168.jpg 300w, https://bitfinance.news/wp-content/uploads/2024/10/daniel-romero-h0BZnBkl18I-unsplash-1024x574.jpg 1024w, https://bitfinance.news/wp-content/uploads/2024/10/daniel-romero-h0BZnBkl18I-unsplash-768x430.jpg 768w, https://bitfinance.news/wp-content/uploads/2024/10/daniel-romero-h0BZnBkl18I-unsplash-1536x861.jpg 1536w" sizes="(max-width: 1920px) 100vw, 1920px" /></div><p style="text-align: justify;">The <strong>UK is studying a bill </strong>to reduce the exposure of <strong>minors under 16 to addictive content through mobile phones.</strong></p>
<p style="text-align: justify;">The proposal was made by <strong>Labour MP Josh MacAlister</strong>, who argued that the goal is to <strong>“protect children </strong>from excessive use of mobile devices and <strong>social networks</strong>, which are often <strong>addictive by design.”</strong></p>
<p style="text-align: justify;">The new regulation called “Safer Phones,” presented last week in the European country, “highlights that <strong>social media platforms must exclude teenagers from recommended content algorithms,</strong> a measure that aims to limit their exposure to addictive content.”</p>
<p style="text-align: justify;">MacAlister stressed that the bill would raise the minimum age for Internet access from 13 to 16 years, with the requirement of parental approval “so that <strong>technology companies can access the data of minors.”</strong></p>
<p style="text-align: justify;">As long as the companies behind <strong>social networks cannot use the data of teenagers</strong> in their recommendation algorithms, it will be more difficult to show them addictive content.</p>
<p style="text-align: justify;">On the other hand, the independent British communications body <strong>Ofcom</strong> will monitor the application of user age verification so that minors are not exposed to <strong>applications designed to be addictive.</strong></p>
<p style="text-align: justify;">It is important to highlight that<strong> the bill “includes prohibiting the use of telephones in educational centers, turning them into mobile phone-free zones</strong> to improve the concentration of students.”</p>
<p style="text-align: justify;">On the other hand, it is expected that the country&#8217;s <strong>authorities will implement “stricter regulations</strong> on the design, supply, marketing and use of smartphones for minors under 16 years of age” in favor of the mental health of young people.</p>
<p>M.Pino</p>
<p><em>Source: <a href="https://www.nacion.com/el-mundo/reino-unido-propone-ley-para-controlar-el-uso-de/JSCIAFCWCVCVVNM3GRGN3HU2OU/story/" target="_blank" rel="noopener">nacion</a></em></p>
<p>(Reference image source: Daniel Romero in Unsplash)</p>
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<p>La entrada <a rel="nofollow" href="https://bitfinance.news/en/uk-proposes-law-to-reduce-smartphone-addiction-in-minors/">UK proposes law to reduce smartphone addiction in minors</a> apareció primero en <a rel="nofollow" href="https://bitfinance.news">Bitfinance</a>.</p>
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		<title>Apps are increasingly consuming mobile data</title>
		<link>https://bitfinance.news/en/apps-are-increasingly-consuming-mobile-data/</link>
		
		<dc:creator><![CDATA[Marilin Pino]]></dc:creator>
		<pubDate>Tue, 22 Oct 2024 16:00:49 +0000</pubDate>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Innovation]]></category>
		<category><![CDATA[apps]]></category>
		<category><![CDATA[mobile data consumption]]></category>
		<category><![CDATA[Ofcom]]></category>
		<category><![CDATA[UK]]></category>
		<category><![CDATA[update]]></category>
		<category><![CDATA[users]]></category>
		<guid isPermaLink="false">https://bitfinance.news/?p=109817</guid>

					<description><![CDATA[<div style="margin-bottom:20px;"><img width="1920" height="1280" src="https://bitfinance.news/wp-content/uploads/2024/10/angela-compagnone-4Iyg6cNU7sI-unsplash.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Con cada actualización de las aplicaciones en el móvil aumenta el consumo de datos por parte de los usuarios, según un informe del organismo independiente de Reino Unido Ofcom" decoding="async" srcset="https://bitfinance.news/wp-content/uploads/2024/10/angela-compagnone-4Iyg6cNU7sI-unsplash.jpg 1920w, https://bitfinance.news/wp-content/uploads/2024/10/angela-compagnone-4Iyg6cNU7sI-unsplash-300x200.jpg 300w, https://bitfinance.news/wp-content/uploads/2024/10/angela-compagnone-4Iyg6cNU7sI-unsplash-1024x683.jpg 1024w, https://bitfinance.news/wp-content/uploads/2024/10/angela-compagnone-4Iyg6cNU7sI-unsplash-768x512.jpg 768w, https://bitfinance.news/wp-content/uploads/2024/10/angela-compagnone-4Iyg6cNU7sI-unsplash-1536x1024.jpg 1536w" sizes="(max-width: 1920px) 100vw, 1920px" /></div><p>The annual report by the independent UK body Ofcom for the communications industry highlights the increase in data consumption through certain smartphone apps. According to Ofcom data, “mobile data has experienced an annual increase of between 20 and 30 % in personal consumption.” In daily dynamics, the apps that consume the most data while browsing [&#8230;]</p>
<p>La entrada <a rel="nofollow" href="https://bitfinance.news/en/apps-are-increasingly-consuming-mobile-data/">Apps are increasingly consuming mobile data</a> apareció primero en <a rel="nofollow" href="https://bitfinance.news">Bitfinance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1920" height="1280" src="https://bitfinance.news/wp-content/uploads/2024/10/angela-compagnone-4Iyg6cNU7sI-unsplash.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Con cada actualización de las aplicaciones en el móvil aumenta el consumo de datos por parte de los usuarios, según un informe del organismo independiente de Reino Unido Ofcom" decoding="async" srcset="https://bitfinance.news/wp-content/uploads/2024/10/angela-compagnone-4Iyg6cNU7sI-unsplash.jpg 1920w, https://bitfinance.news/wp-content/uploads/2024/10/angela-compagnone-4Iyg6cNU7sI-unsplash-300x200.jpg 300w, https://bitfinance.news/wp-content/uploads/2024/10/angela-compagnone-4Iyg6cNU7sI-unsplash-1024x683.jpg 1024w, https://bitfinance.news/wp-content/uploads/2024/10/angela-compagnone-4Iyg6cNU7sI-unsplash-768x512.jpg 768w, https://bitfinance.news/wp-content/uploads/2024/10/angela-compagnone-4Iyg6cNU7sI-unsplash-1536x1024.jpg 1536w" sizes="(max-width: 1920px) 100vw, 1920px" /></div><p style="text-align: justify;">The <strong>annual report by the independent UK body Ofcom</strong> for the communications industry highlights the <strong>increase in data consumption through certain smartphone apps.</strong></p>
<p style="text-align: justify;">According to Ofcom data, “mobile data has experienced an <strong>annual increase of between 20 and 30 %</strong> in personal consumption.” In daily dynamics, the apps that consume the most data while browsing are: <strong>YouTube, with an average of 193 megabytes (MB) per five minutes; Disney+, with 150 MB every five minutes; and AllTrails, with 155 MB for use in the same period of time.</strong></p>
<p style="text-align: justify;">On the other hand, they mention <strong>Waze, Hotels.com and Uber, with a consumption of 110 MB, 104 MB and 102 MB, respectively</strong>, due to the data they require for “the maps, the real-time transportation network and the way the companies&#8217; servers communicate with the application.”</p>
<p style="text-align: justify;">As for social networks, where users browse more hours a day, <strong>Snapchat</strong> is mentioned at the top of the list, with a consumption of <strong>101 MB for every five minutes.</strong> Then there is <strong>Pinterest, which consumes 85 MB</strong> every five minutes; <strong>Threads with 82 MB</strong> for every five minutes; <strong>TikTok</strong> with 79 MB, <strong>Telegram with a consumption of 70 MB, Instagram with 69 MB, Facebook and X with 65 MB and 50 MB each.</strong></p>
<p style="text-align: justify;">It is necessary to take into account that for the <strong>calculation of the MB of consumption, each action through the connection is included.</strong> That is, “each word, image or video that is viewed through the web browser of a smartphone has its own data footprint, which is measured in megabytes. The same thing happens when posting a photo on Instagram or sending messages via WhatsApp.”</p>
<p style="text-align: justify;">In the case of browsers, the study mentions <strong>Safari (default for iOS)</strong> as the one that uses the most data, with <strong>56 MB</strong> for every five minutes. <strong>Microsoft Edge consumes 29 MB and Google Chrome 24 GB</strong> every five minutes on average.</p>
<p style="text-align: justify;">Recommendations to optimize and reduce data <strong>consumption include deactivating the automatic synchronization of application</strong>s, which helps prevent “data from accounts that have been used on other devices from being downloaded to keep applications synchronized.”</p>
<p style="text-align: justify;">In addition, and in the specific case of <strong>YouTube videos</strong>, it is recommended to view them in lower quality, for example; this is to go from 1,080p to 240p. The user can configure the video quality preferences in advance.</p>
<p style="text-align: justify;">In the case of social networks,<strong> it is possible to deactivate automatic downloads and playback of content to reduce data consumption.</strong></p>
<p style="text-align: justify;">Regarding navigation, <strong>iOS and Android are known to have a “saving mode in the system settings”</strong> that helps limit the amount of data used.</p>
<p style="text-align: justify;">M.Pino</p>
<p><em>Source: <a href="https://www.elnacional.com/tecnologia/cuales-con-las-aplicaciones-que-consumen-mas-datos-moviles/" target="_blank" rel="noopener">elnacional</a></em></p>
<p>(Reference image source: Angela Compagnone in Unsplash)</p>
<p><em>Visit our news channel on </em><a href="https://news.google.com/publications/CAAqBwgKMP_wxAswoozcAw?ceid=VE:es-419&amp;oc=3" target="_blank" rel="noopener"><em>Google News</em></a><em> and follow us to get accurate, interesting information and stay up to date with everything. You can also see our daily content on </em><a href="https://twitter.com/BitFinance_News" target="_blank" rel="noopener"><em>Twitter</em></a><em> and </em><a href="https://www.instagram.com/bitfinancenews/?hl=es" target="_blank" rel="noopener"><em>Instagram</em></a></p>
<p>La entrada <a rel="nofollow" href="https://bitfinance.news/en/apps-are-increasingly-consuming-mobile-data/">Apps are increasingly consuming mobile data</a> apareció primero en <a rel="nofollow" href="https://bitfinance.news">Bitfinance</a>.</p>
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		<title>UK to invest €26 billion in carbon capture over next 25 years</title>
		<link>https://bitfinance.news/en/uk-to-invest-e26-billion-in-carbon-capture-over-next-25-years/</link>
		
		<dc:creator><![CDATA[Marilin Pino]]></dc:creator>
		<pubDate>Thu, 10 Oct 2024 16:00:47 +0000</pubDate>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Financial security]]></category>
		<category><![CDATA[2050]]></category>
		<category><![CDATA[carbon capture projects]]></category>
		<category><![CDATA[multi-million-dollar investment over next 25 years]]></category>
		<category><![CDATA[net-zero by 2050]]></category>
		<category><![CDATA[reduce carbon emissions]]></category>
		<category><![CDATA[UK]]></category>
		<guid isPermaLink="false">https://bitfinance.news/?p=109525</guid>

					<description><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="800" src="https://bitfinance.news/wp-content/uploads/2024/10/getty-images-LZElDXp-wD0-unsplash.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Mediante un anuncio reciente, el Gobierno británico indicó que en los próximos 25 años invertirá 26.000 millones de euros en la captura de dióxido de carbono" decoding="async" srcset="https://bitfinance.news/wp-content/uploads/2024/10/getty-images-LZElDXp-wD0-unsplash.jpg 1200w, https://bitfinance.news/wp-content/uploads/2024/10/getty-images-LZElDXp-wD0-unsplash-300x200.jpg 300w, https://bitfinance.news/wp-content/uploads/2024/10/getty-images-LZElDXp-wD0-unsplash-1024x683.jpg 1024w, https://bitfinance.news/wp-content/uploads/2024/10/getty-images-LZElDXp-wD0-unsplash-768x512.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></div><p>In its fight to reduce its carbon emissions to net-zero by 2050, the United Kingdom announced an investment of €26 billion over the next 25 years. The announcement, published Thursday, October 3, in the Financial Times, states that “the projects called HyNet and East Coast Cluster aim to capture emissions from factories and power plants [&#8230;]</p>
<p>La entrada <a rel="nofollow" href="https://bitfinance.news/en/uk-to-invest-e26-billion-in-carbon-capture-over-next-25-years/">UK to invest €26 billion in carbon capture over next 25 years</a> apareció primero en <a rel="nofollow" href="https://bitfinance.news">Bitfinance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="800" src="https://bitfinance.news/wp-content/uploads/2024/10/getty-images-LZElDXp-wD0-unsplash.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Mediante un anuncio reciente, el Gobierno británico indicó que en los próximos 25 años invertirá 26.000 millones de euros en la captura de dióxido de carbono" decoding="async" srcset="https://bitfinance.news/wp-content/uploads/2024/10/getty-images-LZElDXp-wD0-unsplash.jpg 1200w, https://bitfinance.news/wp-content/uploads/2024/10/getty-images-LZElDXp-wD0-unsplash-300x200.jpg 300w, https://bitfinance.news/wp-content/uploads/2024/10/getty-images-LZElDXp-wD0-unsplash-1024x683.jpg 1024w, https://bitfinance.news/wp-content/uploads/2024/10/getty-images-LZElDXp-wD0-unsplash-768x512.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></div><p style="text-align: justify;">In its fight to reduce its <strong>carbon emissions to net-zero by 2050,</strong> the <strong>United Kingdom</strong> announced an investment of <strong>€26 billion over the next 25 years.</strong></p>
<p style="text-align: justify;">The announcement, published Thursday, October 3, in the <em>Financial Times,</em> states that “the <strong>projects called HyNet and East Coast Cluster</strong> aim to capture<strong> emissions from factories and power plants in the north of England </strong>and <strong>north Wales</strong> and<strong> store them on the seabeds of Liverpool Bay and the North Sea, respectively.”</strong></p>
<p style="text-align: justify;">The technology they will apply in this crucial project involves “capturing carbon dioxide as it is produced, compressing it and <strong>pumping it underground, sometimes into disused oil and gas deposits,</strong> to prevent it from being released into the atmosphere.”</p>
<p style="text-align: justify;">In 2023, the world&#8217;s carbon capture capacity was 51 million tonnes, representing 0.14% of global emissions, according to the energy research organization <em>BloombergNEF.</em></p>
<p style="text-align: justify;">Regarding the United Kingdom, the European nation “emitted 384.2 million tonnes of carbon dioxide equivalent in 2023, according to provisional figures from the Government, and it is not the first time that the country has shown interest in CCS projects.”</p>
<p style="text-align: justify;">The Labour Government&#8217;s project is expected to <strong>capture between 20 and 30 million tonnes of carbon dioxide before 2030,</strong> as well as “providing peace of mind and providing certainty to heavy industry in its attempt to decarbonize.”</p>
<p style="text-align: justify;">M.Pino</p>
<p><em>Source: <a href="https://elperiodicodelaenergia.com/reino-unido-invertira-26-000-millones-en-captura-de-carbono-en-los-proximos-25-anos/" target="_blank" rel="noopener">elperiodicodelaenergia</a></em></p>
<p>(Reference image source: Getty Images for Unsplash+)</p>
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		<title>Coinbase recruited a former UK minister</title>
		<link>https://bitfinance.news/en/coinbase-recruited-a-former-uk-minister/</link>
		
		<dc:creator><![CDATA[Krystian Tovar]]></dc:creator>
		<pubDate>Fri, 02 Feb 2024 14:00:32 +0000</pubDate>
				<category><![CDATA[Cryptocurrencies]]></category>
		<category><![CDATA[Featured]]></category>
		<category><![CDATA[Coinbase]]></category>
		<category><![CDATA[Cryptocurrency]]></category>
		<category><![CDATA[Digital economy]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[former minister]]></category>
		<category><![CDATA[UK]]></category>
		<guid isPermaLink="false">https://bitfinance.news/?p=102954</guid>

					<description><![CDATA[<div style="margin-bottom:20px;"><img width="1280" height="720" src="https://bitfinance.news/wp-content/uploads/2024/02/GFHTp8qWUAAwT_x.jpeg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="El exchange de criptomonedas Coinbase Global Inc. nombró a George Osborne como asesor mientras se enfrenta a un creciente escrutinio regulador en EE.UU." decoding="async" srcset="https://bitfinance.news/wp-content/uploads/2024/02/GFHTp8qWUAAwT_x.jpeg 1280w, https://bitfinance.news/wp-content/uploads/2024/02/GFHTp8qWUAAwT_x-300x169.jpeg 300w, https://bitfinance.news/wp-content/uploads/2024/02/GFHTp8qWUAAwT_x-1024x576.jpeg 1024w, https://bitfinance.news/wp-content/uploads/2024/02/GFHTp8qWUAAwT_x-768x432.jpeg 768w" sizes="(max-width: 1280px) 100vw, 1280px" /></div><p>Cryptocurrency exchange Coinbase Global Inc. appointed George Osborne, former UK Treasury Secretary, as an advisor as it faces growing regulatory scrutiny in the United States. Coinbase has announced that Osborne will join the company&#8217;s Global Advisory Board, which includes other notable political figures such as former U.S. Senator Patrick Toomey, former U.S. Secretary of Defense. [&#8230;]</p>
<p>La entrada <a rel="nofollow" href="https://bitfinance.news/en/coinbase-recruited-a-former-uk-minister/">Coinbase recruited a former UK minister</a> apareció primero en <a rel="nofollow" href="https://bitfinance.news">Bitfinance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1280" height="720" src="https://bitfinance.news/wp-content/uploads/2024/02/GFHTp8qWUAAwT_x.jpeg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="El exchange de criptomonedas Coinbase Global Inc. nombró a George Osborne como asesor mientras se enfrenta a un creciente escrutinio regulador en EE.UU." decoding="async" srcset="https://bitfinance.news/wp-content/uploads/2024/02/GFHTp8qWUAAwT_x.jpeg 1280w, https://bitfinance.news/wp-content/uploads/2024/02/GFHTp8qWUAAwT_x-300x169.jpeg 300w, https://bitfinance.news/wp-content/uploads/2024/02/GFHTp8qWUAAwT_x-1024x576.jpeg 1024w, https://bitfinance.news/wp-content/uploads/2024/02/GFHTp8qWUAAwT_x-768x432.jpeg 768w" sizes="(max-width: 1280px) 100vw, 1280px" /></div><p style="text-align: justify;">Cryptocurrency exchange <strong>Coinbase Global Inc.</strong> appointed <strong>George Osborne,</strong> former UK Treasury Secretary, as an advisor as it faces growing regulatory scrutiny in the <strong>United States.</strong></p>
<p style="text-align: justify;">Coinbase has announced that Osborne will join the company&#8217;s Global Advisory Board, which includes other notable political figures such as former U.S. Senator <strong>Patrick Toomey,</strong> former U.S. Secretary of Defense. UU. Dr. Mark T. Esper and former U.S. Congressman Sean Patrick Maloney.</p>
<p style="text-align: justify;">Osborne brings significant experience in government and international affairs, having served as Chancellor from <strong>2010 to 2016.</strong> In addition, he was an advisor to <strong>BlackRock,</strong> the world&#8217;s largest asset manager, from 2017 to 2021.</p>
<p style="text-align: justify;">In a statement, Osborne said: “There is a tremendous amount of exciting innovation in finance right now. Blockchains are transforming financial markets and online transactions. Coinbase is on the verge of these advances. I look forward to working with the team there as they build a new future in <strong>financial services”.</strong></p>
<p style="text-align: justify;">Coinbase has been sued by the <strong>U.S. Securities and Exchange Commission (SEC)</strong> last June for offering unregistered securities. The former chancellor&#8217;s experience could prove useful to Coinbase at this time of growing regulatory pressure.</p>
<p style="text-align: justify;">Osborne has held numerous <strong>high-level positions</strong> since leaving the Government in 2016. He is currently president of the British Museum.</p>
<p style="text-align: justify;">K. Tovar</p>
<p style="text-align: justify;"><em>Source: <a href="https://es.cointelegraph.com/news/coinbase-hires-former-uk-finance-minister-george-osborne-for-battle-against-sec" target="_blank" rel="noopener">Cointelegraph</a></em></p>
<p style="text-align: justify;">(Reference image source: @adamantiumnews, X)</p>
<p><em>Visit our news channel on </em><a href="https://news.google.com/publications/CAAqBwgKMP_wxAswoozcAw?ceid=VE:es-419&amp;oc=3" target="_blank" rel="noopener"><em>Google News</em></a><em> and follow us to get accurate, interesting information and stay up to date with everything. You can also see our daily content on </em><a href="https://twitter.com/BitFinance_News" target="_blank" rel="noopener"><em>Twitter</em></a><em> and </em><a href="https://www.instagram.com/bitfinancenews/?hl=es" target="_blank" rel="noopener"><em>Instagram</em></a></p>
<p>La entrada <a rel="nofollow" href="https://bitfinance.news/en/coinbase-recruited-a-former-uk-minister/">Coinbase recruited a former UK minister</a> apareció primero en <a rel="nofollow" href="https://bitfinance.news">Bitfinance</a>.</p>
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		<title>UK banks that fail to guarantee access to cash will be fined</title>
		<link>https://bitfinance.news/en/uk-banks-that-fail-to-guarantee-access-to-cash-will-be-fined/</link>
		
		<dc:creator><![CDATA[Marilin Pino]]></dc:creator>
		<pubDate>Sun, 20 Aug 2023 18:00:55 +0000</pubDate>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Financial security]]></category>
		<category><![CDATA[States & entities]]></category>
		<category><![CDATA[Bank Fines]]></category>
		<category><![CDATA[Cash Order]]></category>
		<category><![CDATA[Enforcement]]></category>
		<category><![CDATA[Fee Free Deposits and Withdrawals]]></category>
		<category><![CDATA[UK]]></category>
		<category><![CDATA[UK Treasury]]></category>
		<guid isPermaLink="false">https://bitfinance.news/?p=97838</guid>

					<description><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="800" src="https://bitfinance.news/wp-content/uploads/2023/08/alicja-ziajowska-AOjmfr3ofSY-unsplash.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Bancos británicos deberán garantizar acceso al efectivo o serán multados" decoding="async" srcset="https://bitfinance.news/wp-content/uploads/2023/08/alicja-ziajowska-AOjmfr3ofSY-unsplash.jpg 1200w, https://bitfinance.news/wp-content/uploads/2023/08/alicja-ziajowska-AOjmfr3ofSY-unsplash-300x200.jpg 300w, https://bitfinance.news/wp-content/uploads/2023/08/alicja-ziajowska-AOjmfr3ofSY-unsplash-1024x683.jpg 1024w, https://bitfinance.news/wp-content/uploads/2023/08/alicja-ziajowska-AOjmfr3ofSY-unsplash-768x512.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></div><p>UK banks must offer their customers the ability to deposit or withdraw cash free of charge within a maximum radius of one mile (1.6 km) in urban areas and up to three miles (4.8 km) in rural areas, according to the plan presented by the British Treasury, which contemplates the imposition of fines to those [&#8230;]</p>
<p>La entrada <a rel="nofollow" href="https://bitfinance.news/en/uk-banks-that-fail-to-guarantee-access-to-cash-will-be-fined/">UK banks that fail to guarantee access to cash will be fined</a> apareció primero en <a rel="nofollow" href="https://bitfinance.news">Bitfinance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="800" src="https://bitfinance.news/wp-content/uploads/2023/08/alicja-ziajowska-AOjmfr3ofSY-unsplash.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Bancos británicos deberán garantizar acceso al efectivo o serán multados" decoding="async" srcset="https://bitfinance.news/wp-content/uploads/2023/08/alicja-ziajowska-AOjmfr3ofSY-unsplash.jpg 1200w, https://bitfinance.news/wp-content/uploads/2023/08/alicja-ziajowska-AOjmfr3ofSY-unsplash-300x200.jpg 300w, https://bitfinance.news/wp-content/uploads/2023/08/alicja-ziajowska-AOjmfr3ofSY-unsplash-1024x683.jpg 1024w, https://bitfinance.news/wp-content/uploads/2023/08/alicja-ziajowska-AOjmfr3ofSY-unsplash-768x512.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></div><p class="MsoNormal" style="text-align: justify;"><strong>UK banks</strong> must offer their customers the ability to <strong>deposit or withdraw cash free of charge</strong> within a maximum radius of<strong> one mile (1.6 km) in urban areas and up to three miles (4.8 km) in rural areas, a</strong>ccording to the plan presented by the British Treasury, which contemplates the imposition of <strong>fines</strong> to those banks that fail to <strong>comply with their obligations.</strong></p>
<p class="MsoNormal" style="text-align: justify;">The British Government has assured that its objective is to maintain reasonable access to deposit and withdrawal services and has defended that it does not consider it necessary to undertake a substantial redistribution or the large-scale introduction of additional access points, since the data at a national level suggest that the distribution of access to cash in the country is broadly comprehensive.</p>
<p class="MsoNormal" style="text-align: justify;">However, the UK Treasury has stressed that it is important to ensure that the &#8220;reasonable provision&#8221; takes into account potential local deficiencies that could have a significant impact, as well as evolving trends and innovations.</p>
<figure id="attachment_97832" aria-describedby="caption-attachment-97832" style="width: 378px" class="wp-caption alignleft"><img decoding="async" class="wp-image-97832 " src="https://bitfinance.news/wp-content/uploads/2023/08/bancos-300x200.jpg" alt="Cash maintains an important role in the lives of English citizens (Reference image source: Toa Heftiba, Unsplash)" width="378" height="252" srcset="https://bitfinance.news/wp-content/uploads/2023/08/bancos-300x200.jpg 300w, https://bitfinance.news/wp-content/uploads/2023/08/bancos-1024x682.jpg 1024w, https://bitfinance.news/wp-content/uploads/2023/08/bancos-768x512.jpg 768w, https://bitfinance.news/wp-content/uploads/2023/08/bancos.jpg 1100w" sizes="(max-width: 378px) 100vw, 378px" /><figcaption id="caption-attachment-97832" class="wp-caption-text">Cash maintains an important role in the lives of English citizens (Reference image source: Toa Heftiba, Unsplash)</figcaption></figure>
<p class="MsoNormal" style="text-align: justify;">&#8220;While the increasing choice and convenience of digital payments is great, <strong>cash has an important and continuing role to play,&#8221;</strong> said <strong>Treasury Economic Secretary Andrew Griffith,</strong> stressing that the move will particularly benefit <strong>those who living in rural areas, the elderly and people with disabilities.</strong></p>
<p class="MsoNormal" style="text-align: justify;">&#8220;That&#8217;s why we&#8217;re taking steps to protect access to cash by law and making this mean withdrawals <strong>free of charge and cash availability</strong> within a reasonable distance,&#8221; he added.</p>
<p class="MsoNormal" style="text-align: justify;">Thus, Treasury seeks with this statement to ensure that the <strong>Financial Conduct Authority (FCA)</strong> will use its powers to maintain the <strong>current level of coverage,</strong> while acknowledging that <strong>needs may differ by location</strong> and change over time, while which makes it clear that<strong> if a service is retired and a replacement service is needed,</strong> it must be implemented before the shutdown occurs.</p>
<p class="MsoNormal" style="text-align: justify;">It also requires the FCA to <strong>&#8220;take into account&#8221; local deficiencies in access to cash</strong> and states that the regulator must consider factors such as opening hours and distance to cash access services, as well as the need for assistance in person.</p>
<p class="MsoNormal" style="text-align: justify;">Thus, building on the <strong>laws granted through the Financial Services and Markets Act 2023</strong>, the FCA will use these new powers to ensure that banks and building societies comply with these standards, and will have the <strong>power to fine them if they don&#8217;t.</strong></p>
<p class="MsoNormal">Source: dpa</p>
<p class="MsoNormal"><em><span lang="EN-US" style="mso-ansi-language: EN-US;">(Source of main reference image: Alicja Ziajowska, Unsplash)</span></em></p>
<p class="MsoNormal"><i style="mso-bidi-font-style: normal;">Visit our news channel on <a href="https://news.google.com/publications/CAAqBwgKMP_wxAswoozcAw?ceid=VE:es-419&amp;oc=3" target="_blank" rel="noopener">Google News</a> and follow us to get accurate, interesting information and stay up to date with everything. You can also see our daily content on <a href="https://twitter.com/BitFinance_News" target="_blank" rel="noopener">Twitter</a> and <a href="https://www.instagram.com/bitfinancenews/?hl=es" target="_blank" rel="noopener">Instagram</a></i></p>
<p>La entrada <a rel="nofollow" href="https://bitfinance.news/en/uk-banks-that-fail-to-guarantee-access-to-cash-will-be-fined/">UK banks that fail to guarantee access to cash will be fined</a> apareció primero en <a rel="nofollow" href="https://bitfinance.news">Bitfinance</a>.</p>
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		<title>UK GDP grew 0.2 % in the second quarter</title>
		<link>https://bitfinance.news/en/uk-gdp-grew-0-2-in-the-second-quarter/</link>
		
		<dc:creator><![CDATA[Krystian Tovar]]></dc:creator>
		<pubDate>Sat, 12 Aug 2023 14:00:24 +0000</pubDate>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[States & entities]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Europe]]></category>
		<category><![CDATA[GDP]]></category>
		<category><![CDATA[second quarter]]></category>
		<category><![CDATA[sterling]]></category>
		<category><![CDATA[UK]]></category>
		<guid isPermaLink="false">https://bitfinance.news/?p=97590</guid>

					<description><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="918" src="https://bitfinance.news/wp-content/uploads/2023/08/reino-unido.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" srcset="https://bitfinance.news/wp-content/uploads/2023/08/reino-unido.jpg 1200w, https://bitfinance.news/wp-content/uploads/2023/08/reino-unido-300x230.jpg 300w, https://bitfinance.news/wp-content/uploads/2023/08/reino-unido-1024x783.jpg 1024w, https://bitfinance.news/wp-content/uploads/2023/08/reino-unido-768x588.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></div><p>The Gross Domestic Product (GDP) of the United Kingdom accelerated its growth in the second quarter to 0.2 % compared to the expansion of 0.1 % in the previous quarter, as reported by the National Statistics Office (ONS). The rebound in growth in Europe&#8217;s second-largest economy reflects the 0.1 % expansion in services, as well [&#8230;]</p>
<p>La entrada <a rel="nofollow" href="https://bitfinance.news/en/uk-gdp-grew-0-2-in-the-second-quarter/">UK GDP grew 0.2 % in the second quarter</a> apareció primero en <a rel="nofollow" href="https://bitfinance.news">Bitfinance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="918" src="https://bitfinance.news/wp-content/uploads/2023/08/reino-unido.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" srcset="https://bitfinance.news/wp-content/uploads/2023/08/reino-unido.jpg 1200w, https://bitfinance.news/wp-content/uploads/2023/08/reino-unido-300x230.jpg 300w, https://bitfinance.news/wp-content/uploads/2023/08/reino-unido-1024x783.jpg 1024w, https://bitfinance.news/wp-content/uploads/2023/08/reino-unido-768x588.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></div><p style="text-align: justify;">The <strong>Gross Domestic Product (GDP)</strong> of the <strong>United Kingdom</strong> accelerated its growth in the second quarter to 0.2 % compared to the expansion of 0.1 % in the previous quarter, as reported by the <strong>National Statistics Office (ONS).</strong></p>
<p style="text-align: justify;">The rebound in growth in <strong>Europe&#8217;s second-largest economy</strong> reflects the 0.1 % expansion in services, as well as 0.7 % in production and 0.3 % in construction.</p>
<p style="text-align: justify;">In monthly data, <strong>British GDP</strong> grew by 0.5 % in June, after contracting 0.1 % in <strong>May</strong> and expanding 0.2 % in April.</p>
<p style="text-align: justify;">In June, the services sector grew by 0.2 %, while production and construction grew by 1.8 % and 1.6 %, respectively. It is the first month since <strong>October 2022</strong> that all three sectors contributed positively to GDP in the same month.</p>
<p style="text-align: justify;">In this way, unlike the quarterly data, in the month of <strong>June</strong> the GDP of the United Kingdom stood 0.8 % above the level of <strong>February 2020,</strong> prior to the pandemic.</p>
<p style="text-align: justify;">Source: dpa</p>
<p style="text-align: justify;"><em>(Reference image source: John McArthur, Unsplash)</em></p>
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