Crypto


Policy

UK Crypto Firms Must Now Report Sanctions Breaches, Freeze Accounts

The U.S. and European Union have also extended sanctions rules to crypto since Russia’s invasion of Ukraine gave way to heightened concerns over the use of digital assets to circumvent restrictions.

The U.K. Treasury has ordered crypto companies to report suspected sanctions violations. (Getty Images)

Finance

Crypto Custody Firm Copper Appoints Tim Neill as Chief Risk Officer

Neill, who has 20 years of experience in operations and risk management, previously worked at Mastercard.

Newly appointed chief risk officer Tim Neill (Copper)

Policy

Liz Truss to Become UK Prime Minister After Winning Conservative Party Leadership

Truss has revealed little about her stance on crypto save for two statements that indicate she may be open to innovative-friendly regulation.

Liz Truss beat Rishi Sunak to become the leader of the Conservative Party. (Dan Kitwood/Getty Images)

Policy

Nigeria Plans to Create a Virtual Free Zone With Binance Crypto Exchange

The west African country wants to create something similar to Dubai’s digital city.

Nigerian flag (Emmanuel Ikwuegbu/Unsplash)

Finance

Online Investing Platform BnkToTheFuture to Buy Crypto Lender Salt Lending

The platform also plans to work with companies in financial distress.

BnkToTheFuture CEO Simon Dixon. (BnkToTheFuture)