Cryptocurrency News
Various governments around the world aren’t too sure how to tackle Bitcoin. Numerous aspects of this particular industry need to be treated very differently from one another. Crypto-derivatives are getting some unfavorable attention in the United Kingdom. So much even that these vehicles may be considered illegal in the near […]
Only three percent of Brits own cryptocurrencies according to new research. The research was conducted by the Financial Conduct Authority, the U.K’s financial services regulator. A majority of these crypto owners are men, aged between 20 and 44. Of those who own cryptos, an overwhelming majority describe it as a […]
UK’s Financial Conduct Authority (FCA) has issued a stern warning to two Bitcoin investment firms; Local Bitcoin and BK Coin, two companies that are alleged to be owned and operated by the same group. According to the FCA, the two cryptocurrency firms were offering crypto investment services without authorization. Although […]
The Financial Conduct Authority, a financial industry regulator in the UK, has called for appropriate caution and enhanced scrutiny from banks as they handle firms engaged in crypto trading. In an open letter to CEOs, the FCA’s Executive Directors of Supervision, Megan Butler and Jonathan Davidson, listed a number of […]