Cryptocurrency is a type of digital or virtual money that uses cryptography to secure transactions.
– Figures published today by HM Revenue and Customs (HMRC) in the UK reveal 240 people declared more than £1 million in capital gains from cryptoassets in the 2024 to 2025 tax year, with the same group reporting a total of £717 million in cryptoasset gains.
Read More– Would-be crypto investors are being warned to check firms are registered after customers lost hundreds of thousands of pounds to a “Ponzi-style” scheme.
Read More– Bybit, the world’s second-largest cryptocurrency exchange by trading volume, today announced that it has filed a civil lawsuit in the U.S. District Court for the District of Columbia against the Democratic People’s Republic of Korea (DPRK).
Read More– The UK has taken further action against a network that operates illegal scam centres across Southeast Asia.
Read More– Cryptoassets firms will be backed to innovate and grow under plans to make the UK a global destination for digital assets and attract more investment.
Read More– Owners of Bitcoin and other digital assets will benefit from greater legal protection thanks to an important clarification to the law.
Read More– The Insolvency Service has appointed its first dedicated crypto intelligence specialist to help recover more money for the UK economy from bankruptcy cases.
Read MoreA cryptoasset business registered in the UK has been shut down after people from multiple countries said they paid for crypto mining services but did not receive the promised financial returns and were unable to withdraw their assets.
Read MoreFirms offering services for cryptoassets like Bitcoin and Ethereum will be subject to new, clear rules, boosting investor confidence and driving growth through the Plan for Change.
Read MoreBybit, a leading cryptocurrency exchange, has reportedly suffered a massive hack, losing approximately $1.5 billion in digital assets. This breach is believed to be the largest crypto theft ever recorded.
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