UK

The UK’s Financial Conduct Authority, FCA, wants to employ a cryptocurrency enlightened person. The institution announced the job opening on the 6th of February on LinkedIn. The FCA needs an intelligent associate skilled in cryptocurrency to deal with digital assets within the context of the EU’s fifth Anti-Money Laundering Directive, 5AMLD. The 5AMLD became effective on the 10th of January and deals with money laundering and terrorism financing in Europe. On the 31st of January, the UK exited the EU;…

A British court ordered Bitfinex to hold up to Bitcoins worth $860k. It was after finding out that there were cryptocurrencies for a ransomware payment. Bitfinex and Chainalysis traced the Bitcoins with almost a million dollars back to ransomware payment. England and Wales High Court ordered the exchange to hold up the address and reveal its Know Your Customer (KYC) information. Chainalysis software got used when tracking the stolen funds. More on the Court Order An anonymous company got affected…

The British tax agency recently released a notice inviting contractors to provide technological tools aimed at combating crypto cybercriminals. This technology valued at 100k GBP was released on the 17th of January with the main agenda of gathering intelligence using cluster analysis. The first team much awaiting this technology's release is the Her Majesty's Revenue and Customs (HMRC) teams. It will create a correlation of crypto assets transactions with service providers.  There are 10s, maybe hundreds of other free online tools…