United Kingdom
Crypto Custodian Copper Raises $196M in Series C Funding Round
The company also reported a loss of $16 million last year, up from $4.1 million in 2020.
UK Judge Awards Craig Wright One British Pound in Libel Lawsuit Damages
U.K. High Court Judge Martin Chamberlain has ruled that Craig Wright, the Australian scientist who claims to be Bitcoin inventor Satoshi Nakamoto, advanced false evidence in his defamation case against Peter McCormack. The judge awarded Wright only nominal damages of one British pound. Law firm Anderson Kill Partner Preston Byrne discusses the key takeaways and next steps.
Blockchain Firm Millicent Wins UK Government Funding to Develop CBDC
London-based blockchain-powered firm Millicent has won a prestigious research grant from the U.K. government to develop a central bank digital currency (CBDC). Kene Ezeji-Okoye, co-founder and president of Millicent, shares his insights into the firm's latest projects, including creating regulator complaint stablecoins and a "highly secure blockchain." Plus, addressing privacy concerns of a potential digital pound.
WikiLeaks Founder Julian Assange Can Appeal Extradition to US, Says London Court
Julian Assange, the founder of WikiLeaks, has been approved the right to request the U.K. Supreme court to block his extradition to the U.S., where he would face criminal charges under the Espionage Act for his role in obtaining and publishing classified government documents.
UK Government Reportedly Plans PR Campaign Against Encrypted Communications
The Home Office of the U.K. government is set to launch a publicity campaign attacking end-to-end encryption, citing child abuse fears. The main objective is to sway public opinion against Facebook’s decision to encrypt its Messenger app. “The Hash” panel discusses the latest in the battle over end-to-end encryption.
Amazon to Stop Accepting Visa Credit Cards Issued in UK Due to High Fees
Amazon has pulled support for Visa credit cards in the United Kingdom, citing high fees. "The Hash" team discusses the move and its implications for payment networks in the crypto industry. "I'm glad that more merchants are realizing how high the fees are with these credit cards," host Naomi Brockwell said. "Crypto can provide a much better alternative."
Facebook Wants to Hire Up to 10K People in EU to Build 'Metaverse'
Facebook is looking to hire 10,000 people in Europe to build out a metaverse program, catered for everyone. "The Hash" hosts discuss the implications for Facebook getting into the metaverse, an area growing in interest from VCs, and what it could mean for Europe's tech industry during a time of increased scrutiny of the company by EU and U.K. regulators.
FCA Said Binance Had Complied With Its Requirements, But Was 'Not Capable' of Being Supervised
The FCA had ordered Binance to cease carrying out regulated activity in the U.K.
Nickel Digital Sees Growing Institutional Demand in UK for Crypto
More than half of institutional investors plan to invest more in crypto by 2023, according to a survey.
PayPal Brings Crypto Service to UK Customers
Rollout of PayPal's first expansion of its crypto offering outside the U.S. will begin this week.
