UK watchdog, the Financial Conduct Authority (FCA) has announced the launch of its upcoming digital marketing campaign worth £11m to alert the younger investors in the crypto community of the risks in the crypto market. Nikhil Rathi, the chief executive officer delivered a speech at the ‘FCA’s Our Role and Business Plan webinar’. He expressed
Two recent announcements from the U.S. government on the improvement of trade with the European Union and its economic rival, China, are faring well for the stocks market. However, it seems to be causing a downturn in Gold and Bitcoin. Worries around inflation are also not bading well for the ‘safe haven’ assets. The U.S.
U.K based fraud detection firm, Cifas, warns investors on the skyrocketing cases of fraud involving Bitcoin payments and donations. The firm states the current program by the World Health Organization (WHO) to donate BTC directly to its wallet is one of the websites facing the highest cases of Bitcoin fraud. According to the report, there
Brave, the blockchain-based browser with grand plans of matching and even surpassing Google’s market share, now takes issue with the behemoth’s monopolistic tendencies. It is also concerned with the centralized browser’s track record on matters privacy. Brave writes to the British CMA However, while they are trying to rope in the British government expecting them
The Financial Conduct Authority on Wednesday released guidelines for the Finance Ministry in the UK on how to regulate cryptocurrencies. Reportedly, the Ministry welcomed the guidance and was planning to consult on ‘unregulated cryptocurrencies’ later this year. This was a monumental event in the UK’s Financial System as they attempted at a classification of different types
CoinShare released its third edition of Bitcoin Mining Report along with Fidelity Center for Applied Technology. It is an expansive piece of research to address one of the most daunting and rather important aspects of Bitcoin, the mining process. In a game of supply and demand, supply should account for 50% of the price consideration.
The phase of investing in ICOs had created a lot of euphoria in the markets. It was a time when individual teams would design their own project on a blockchain and seek investment for it through cryptocurrencies. It was basically an exchange of one cryptocurrency for another. The investors in the ICO were given equivalent
Over the past few months, there have been quite a few stable coin launches in the United States as investors are demanding it. A similar demand wave seems to be starting across the Atlantic in the UK, as a UK based start-up has now announced that it would be developing a stable and tokenized version
The UK is tightening the noose as it states a no-deal Brexit would lead to several consequences viz. companies would suffer from red tape, costly payments, and border delays while Britons living in EU can lose access to their UK bank accounts. This will certainly become a catalyst for Bitcoin adoption and boom as people
UK’s biggest and world’s 7th largest bank, HSBC is cautiously looking into cryptocurrencies, however, denies to be interested right now that could change in future. Given the way banking giants like Goldman Sachs and SBI holdings are embracing crypto and a new report stating UK to be well-placed to become a leader in crypto and