The new advertising policies are designed to comply with the country’s FCA rules Google is introducing stricter policies for cryptocurrency advertisements in the UK, set to take effect on January 15, 2025. Many companies in the industry that use advertising services through this giant will have to rush to make the necessary changes and be
Tag: uk
2025 GUKPT Tour To Include 14 Different Stops Across The Country
The tournament series hosted by Grosvenor Casinos will begin in January The Grosvenor UK Poker Tour (GUKPT) is set to return for its 19th season in 2025, offering players 14 exciting stops across the United Kingdom. The schedule, announced just after the conclusion of the 2024 Grand Final, includes 12 main tour stops and two
UK Gambling Operators Face New Restrictions That Will Impact Players
Reduced slot caps and mandatory levies may hinder operator growth The UK government has introduced significant measures to address gambling-related harm, including stake limits on online slots and a mandatory tax on operators expected to raise £100 million (US$127 million) annually. Gambling Minister Baroness Twycross announced these changes, emphasizing their importance in tackling addiction and
British multinational bank Standard Chartered buys OTC crypto desk
The bank is reportedly looking to buy cryptocurrency firm Elwood Capital Management Standard Chartered’s foray into the cryptocurrency space is heating up again. Their crypto subsidiary, Zodia Markets, is reportedly in advanced discussions to acquire Elwood Capital Management, a crypto firm backed by billionaire hedge fund manager Alan Howard. The news, first reported by Bloomberg
Questions arise over lobby group challenging UK’s gaming reforms
The UK’s gaming industry is undergoing a major shift, and a group opposing it is catching flack The Gambler’s Consumer Forum (GCF), a lobby group hoping to derail the scheduled overhaul of UK gambling laws and claiming to be acting on behalf of ordinary gamblers, may not be so neutral. It was discovered to be
Cryptocurrency ATMs in the UK are under attack by financial regulators
The Financial Conduct Authority has shut down 26 crypto ATMs this year The Financial Conduct Authority (FCA) in Britain has initiated a fresh offensive against illicit cryptocurrency machines scattered throughout the nation. In a bid to safeguard consumers from potential monetary losses, the FCA firmly shut down over two dozen machines that were unlawfully providing
Cryptocurrency exchange Gemini launches Ethereum staking in the UK
Pressure in the US has forced the company to seek expansion opportunities elsewhere Coinbase’s legal woes with the US Securities and Exchange Commission (SEC) may be making waves at the moment. Still, it’s important to note that other US cryptocurrency companies have faced similar regulatory criticisms. Gemini, for instance, faced a significant SEC enforcement action