Over £4m returned to victims of international crypto scam
150 people around the world invested in a savings and trading service
Cryptocurrency
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Cryptocurrencies ‘akin’ to Ponzi schemes, says India regulator
‘They threaten the financial sovereignty of a country’
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Singapore retail investors warned against cryptocurrency trading
Regulator said it ‘is highly risky and not suitable for the general public’
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UK to strengthen rules on ‘misleading’ cryptocurrency ads
But changes ‘won’t stop the outright scams that have exploded off the back of Bitcoin’
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Football club rapped for ‘trivialising’ crypto risks
Premier League team’s NFT ads ‘took advantage of consumer inexperience’
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India eyes crypto ban
But it is considering the introduction of a national digital currency
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202% rise in underpaid tax on crypto holdings
HMRC is ‘actively looking for wealthy individual evaders’
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Crypto beats pensions for a third of young Brits
Despite recent warning from FCA that the asset class can cause ‘potential harm and exploitation’
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Crypto ‘provides a serious potential for exploitation and harm’
UK regulator admits fraudsters and scammers are ‘benefitting from new technologies’
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Surge in crypto fraud reports in the UK
This is the fourth consecutive year cases increased by more than 100%
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HMRC sends ‘nudge’ letters to crypto investors over unpaid tax
It ‘suspects there is an increasing amount of hidden wealth thanks to the rise’ of the asset class
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Young Brits gamble on high-risk products to compete with friends
UK regulator unveils £11m campaign to help inexperienced investors understand the market