A cryptocurrency project connected to US President Donald Trump has reportedly generated at least $350 million (c. £271m) in revenue for its creators. The memecoin project, associated with the tradable Official TRUMP ($TRUMP) token, has accrued $314m (c. £243m) from token sales and $36m
Cryptocurrency
Bitcoin and other cryptocurrencies experienced a significant rally over the weekend, spurred by the announcement of a US strategic crypto reserve. Bitcoin climbed above $92,000, an 18% increase from its Friday low, while Ether rose by 13% to around $2,300.
The Royal Institution of Chartered Surveyors (RICS) is launching a consultation for a second edition of its financial crime standard.
Scotcoin has debuted on the MEXC exchange today at 10.00 am GMT, representing one of the biggest UK-based project listings of recent years and a big step forward for the ethically focussed crypto project. The listing, which will see the tokens valued at a combined $250 million (c. £200m), will
Scotcoin is set to be listed on a major cryptocurrency exchange in February 2025, which will see the project valued at $250 million (£200m) on its market debut. The Scotcoin Project (TSP) Community Interest Company has exchanged contracts with a tier 1 exchange and will initially be paired wit
Bitcoin has reached a long-awaited milestone, rising above $100,000 (c. £78,000) for the first time in its history. The cryptocurrency traded above the $100,000 mark on Wednesday night, and continued to trade in six-figure territory for half a day, into Thursday, when it dropped back under $10
CB Payments Limited (CBPL) has been fined £3,503,546 by the Financial Conduct Authority (FCA) for repeatedly breaching a requirement that prevented the firm from offering services to high-risk customers. CBPL is part of the Coinbase Group, which operates a prominent cryptoasset trading platfor
The Financial Conduct Authority (FCA), has softened its stance on digital assets, allowing the listing of Bitcoin and Ethereum-backed exchange-traded notes (ETNs) on the London Stock Exchange for professional investors from April.
The Treasury Committee has called for the regulation of consumer trading in unsupported cryptocurrencies, akin to gambling laws.
The Financial Conduct Authority (FCA) has teamed up with the South West Regional Organised Crime Unit, Yorkshire and Humber Regional Organised Crime Unit, and the Nottinghamshire Police force to intensify its crackdown on unregistered and illegal crypto ATMs.
Binance, the world's largest crypto exchange platform, has announced it will be suspending sterling deposits and withdrawals after its UK partner, Paysafe, ended its service agreement.
Temple Melville, CEO of The Scotcoin Project Community Interest company, discusses how the ownership laws surrounding cryptocurrency and cryptoassets affect individuals in cases of bankruptcy of firms which held their assets, and the need for regulation to protect retail users. As we know, most peop
The Chartered Institute of Taxation (CIOT) and Association of Taxation Technicians (ATT) are reminding crypto asset investors to include their gains (and losses) in their 2021/22 tax returns as the 31 January deadline looms.
Temple Melville, CEO of the Scotcoin Project CIC, discusses the benefits of regulation in the cryptocurrency industry, including protections for citizens and investors, the ability for institutions to invest, and the adoption of regulated crypto ETFs. Six years ago, when Gideon Greenspan said that r
The Securities and Exchange Commission (SEC) has charged Caroline Ellison, the former CEO of Alameda Research, and Zixiao (Gary) Wang, the former CTO of FTX Trading Ltd. (FTX), for their roles in a multiyear scheme to defraud equity investors in FTX, the crypto trading platform co-founded by Samuel