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[ad_1] Binance, starting this week, is pausing first-time signups in the UK. The reason behind the crypto exchange’s decision is that it requires some time to get its operations to comply with UK’s laws around crypto marketing and advertisement. The UK is exploring ways to establish itself as a crypto hub. British Prime Minister Rishi … Read more
[ad_1] Britain urged Meta not to roll out end-to-end encryption on Instagram and Facebook Messenger without safety measures to protect children from sexual abuse after the Online Safety Bill was passed by parliament. Meta, which already encrypts messages on WhatsApp, plans to implement end-to-end encryption across Messenger and Instagram direct messages, saying the technology re-enforced … Read more
[ad_1] Payments giant PayPal will stop allowing UK customers to buy cryptocurrencies through its platform from October as it works to comply with new rules on crypto promotions. Britain’s financial regulator is due to bring in tougher rules to limit how crypto is advertised to British consumers, including requiring crypto firms to carry warnings about … Read more
[ad_1] Apple on Tuesday found itself the target of a $1 billion (roughly Rs. 8,200 crore) class action lawsuit brought by more than 1,500 apps developers in the UK over its App Store fees. Apple’s services business, which includes the App Store, has seen revenues grow at a rapid pace in the last few years … Read more
[ad_1] Apple has strongly opposed a move by the British parliament to amend an act that would allow the government to order messaging services to weaken the encryption that protects their users. The Cupertino company said it will not compromise the end-to-end encryption that it offers to its iMessage users for one country. UK lawmakers … Read more
[ad_1] India’s Tata will build an electric vehicle battery plant in Britain, the company and the government said on Wednesday, in a major boost for a car industry in need of domestic battery production to help secure its long-term future. The company said the factory includes an investment of GBP 4 billion (roughly Rs. 32,800 … Read more
[ad_1] Israel may follow the footsteps of the UK, as the has parliament of Israel — Knesset — could soon exempt foreigner residents from paying taxes on incomes derived from the sale of crypto assets. The decision is an effort towards making the nation profitable in terms of sustaining the cryptocurrency ecosystem. With this, Israel … Read more
[ad_1] Marking another clarification to its set of crypto-related legal provisions, the UK Lords have reportedly passed the Economic Crime and Corporate Transparency Bill. This gives UK’s law enforcement agencies the authority to freeze and confiscate crypto assets linked to busted crimes. Under Prime Minister Rishi Sunak, the UK has been pacing briskly towards making … Read more