The Prime Minister of the United Kingdom, Boris Johnson, has undertaken a wide ministerial reshuffle this Wednesday that introduces changes in key positions such as Justice, Education and Foreign Affairs. Liz Truss joins the latter portfolio. She has already led the Ministry of Commerce, playing a…
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UK sets records for job openings
The United Kingdom registered 29.06 million workers in the month of August, which means recovering the level of employment that was observed in February 2020, before the Covid-19 pandemic began to affect the economy of the country,…
Binance forced to investigate digital asset theft
Supreme Court of the United Kingdom imposed an injunction on Binance for the search of 2.6 million dollars in digital assets stolen from the Fetch.ai account, which was violated by a hacker, who transferred the assets to another exchange…
Binance could Restrict UK pound withdrawal
UK users of the Binance platform were informed about the suspension of cryptocurrency withdrawals in sterling.
This is not the first time this has happened, in June of this year cash payments through Faster Payouts had been stopped after a…
Chancellor of the United Kingdom includes cryptocurrencies in financial reforms
Rishi Sunak, Chancellor of the Exchequer of the United Kingdom, stated that the government will analyze some recommendations for the country to become a center of innovation and business of fintech. "While I believe in the power of new…
Binance banned from continuing operations in the UK
The Financial Conduct Authority (FCA), the UK's financial watchdog, has ordered Binance to cease all its regulated activities in the country for operating without authorization.
This is one of the most important actions that any global…
UK seizes $ 160 million in cryptocurrency
The police in London, United Kingdom, reported this Friday on the largest cryptocurrency seizure in the history of that country, valued at 160 million dollars.
Police forces agents were conducting a money laundering investigation, which…
G7 reaches an agreement to reform the tax system
British Finance Minister Rishi Sunak announced that the world's most developed economies, meeting at the G7 in London, reached a historic agreement on the reform of the global tax system.
Thus, the G7 ministers, made up of the United…
The United Kingdom to enter the Trans-Pacific trade agreement
The Free Trade Area Commission of the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) made up of Japan, Canada, Australia, New Zealand, Singapore, Chile, Malaysia, Vietnam, Mexico, Peru and Brunei, confirmed the start of…
E-commerce increases to $ 26.7 trillion
The e-commerce sector has presented an increase of 3 %, going from 16 % obtained in 2020 to 19 %, which is equivalent to 26.7 trillion dollars. This growth has been driven by traffic restrictions, all of them adopted by different countries…
UK bets on the “britcoin” as a new digital asset
The British miniter of Treasury, Rishi Sunak, has asked the Bank of England to analyze its arguments in order to test a new digital currency called "Britcoin", supported by the Central Bank, with the aim of addressing some of the challenges…
Revolut adds more cryptocurrencies to its portfolio
UK financial services provider Revolut announced the addition of 11 new cryptocurrencies to its trading list.
Through an official statement, the company detailed that its clients will now be able to trade with assets such as cardano,…