Cryptocurrency

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

Sam Bankman-Fried (SBF), the founder and former CEO of collapsed crypto exchange FTX, has been taken into custody in the Bahamas at request of US government prosecutors.

American federal prosecutors have named a Scottish “ghost” firm in connection to a $500 million (£414m) cryptocurrency scam, alleging it was used to help launder the ill-gotten gains. Two Estonians were arrested by United States authorities and accused with internationally defraudi

John J. Ray, the lawyer known for taking over Enron after its collapse has been put in charge of failed crypto exchange FTX, founded and run by Sam Bankman-Fried.

Analysts at JP Morgan have suggested Bitcoin could fall to $13,000 (£11,040) amid the recent market instability. After this week's collapse of FTX, which was one the largest bitcoin exchanges by volume often handling over $1 billion (£850 million) in daily transactions, the cryptocu