Seven U.K. individuals sentenced to 76 years in crypto crime spree

A Manchester U.K. court has sentenced seven individuals to a combined 76 years in prison for kidnapping, assault, and stealing £100,000 in cryptocurrency from a single victim. The criminals, who carried out a series of violent actions against a Manchester resident, received varying prison terms for their repeated offenses. According to the Warrington Guardian, the […]

U.K. Central Bank opens Digital Pound Labs for CBDC test

The Bank of England plans to launch a sandbox to test a potential central bank digital currency or government-issued digital pound. On Jan. 14, the BoE published a progress report outlining possible use cases for a CBDC, business models, and a test phase roadmap focused on blockchain-powered payment systems. Dubbed the “Digital Pound Labs,” the […]