Plans to burn ill-gotten crypto that can't be returned to victims — instead of dumping it on the market — is attracting praise from some corners of the industry.
An estimated five million Britons now invest in digital assets — and the U.K. wants to become a more attractive location for crypto firms to set up their headquarters.
Plans to burn ill-gotten crypto that can't be returned to victims — instead of dumping it on the market — is attracting praise from some corners of the industry.
An estimated five million Britons now invest in digital assets — and the U.K. wants to become a more attractive location for crypto firms to set up their headquarters.
The exchange has obtained authorization as an Electronic Money Institution from the UK's Financial Conduct Authority. The license allows the platform to issue electronic money and provide financial services.
To comply with the UK's recent implementation of the 'Travel Rule', crypto-exchange Gemini will limit the inbound and outbound transfers of UK-based users.
