The UK economy, the second largest in Europe, will avoid going into recession this year, according to new forecasts from the International Monetary Fund (IMF), which now anticipates a GDP expansion of 0.4 %, compared to a contraction of 0..3 % previously projected.
"Built by resilient demand in the…
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UK
Binance considers the UK as an alternative to the US
During a recent interview, Patrick Hillmann, Binance's Chief Strategy Officer (CSO), expressed his opinion that the current regulatory environment in the United States is posing significant challenges for cryptocurrency companies. He argued…
The fortune of Carlos III exceeds $2,000 million dollars
The next king, Carlos III, has assets with an estimated value of 2.2 billion dollars before his coronation, enriching himself significantly. These assets include property, jewelry, investments, horses, cars, artwork, and rare stamps, among…
WhatsApp urges UK government to protect end-to-end encryption
WhatsApp urges the UK Government to review its online security bill, to respect end-to-end encryption of private messaging services and "guarantee the human right to privacy" since, otherwise, it implies an "unprecedented threat" to the…
Coinbase seeks to further the vision of the UK as a Web3 hub
Coinbase, a cryptocurrency exchange, presented a vision suggesting that the UK could become an "innovation hub for the Web3 economy" and strengthen its cryptocurrency sector.
This comes amid reports that the UK Treasury intends to…
TikTok was fined by the UK for data misuse
Chinese social media platform TikTok was fined £12.7 million (about $15.9 million) in the UK for various offenses, including misuse of children's data.
According to a statement issued by the UK Information Commissioner's Office (ICO),…
Cryptocurrency companies struggle to access banking services in the UK
Cryptocurrency businesses face multiple difficulties in accessing banking services in the UK. According to various sources, the few banks that still work with cryptocurrencies are increasingly requesting more documentation and information…
UK takes action against cryptocurrency ATMs
UK regulators are cracking down on cryptocurrency ATMs across the country, in a bid to prevent fraud and protect consumers. ATMs allow users to buy and sell digital currencies for cash.
However, the Financial Conduct Authority (FCA)…
Regulations in the UK would affect cryptocurrency companies
The UK Financial Conduct Authority has proposed a new financial promotion regime for cryptocurrency companies operating within and outside the region. If approved, executives of these companies could face up to two years in prison for…
England will honor J.R.R. Tolkien
The British Mint announced that starting next year, a coin honoring the writer J.R.R. Tolkien, creator of The Lord of the Rings, will be available.
On the occasion of celebrating the life and work of the Englishman, the organization…
UK cryptocurrency scams up 32 %
Cryptocurrency scams in the UK have increased this year by 32 % according to a study by the country's Police Fraud Unit.
The estimate in thefts and other cryptographic frauds in 2022 amounts to 273 million dollars. The main reason to hook…
UK investigates Google and Apple
The UK Competition and Markets Authority (CMA) has launched an investigation into a possible duopoly of mobile browsers operated by Apple and Google.
This analysis is based on a publication made in June and in which a Mobile Ecosystem…