Independent financial advisor Neil Liversidge recently introduced a petition to ban digital currency transactions in the UK. He argues that cryptocurrencies have a destabilizing influence […] …
Tag: UK
Ripple partners Mobile Money for wallet-to-wallet payments between Malaysia and Bangladesh
TL;DR Breakdown Ripple has entered into a partnership with Malaysia’s Mobile Money. The UK and Japan financial authorities say XRP is not a security. San Francisco based crypto company, Ripple, has announced a new partnership with Mobile Money, a Malaysian based mobile financial services company. According to the announcement, the partnership is geared towards promoting […] …
Bitcoin Ban: Fresh move to end crypto in UK initiated
TL;DR Breakdown Neil F. Liversidge initiates petition to end crypto transactions in the UK Petition requires 100,000 signatures before Parliament debate Neil F. Liversidge, managing director at an independent financial solution firm in the United Kingdom, West Riding Personal Financial Solutions Ltd, has filed a petition to prohibit Bitcoin and other cryptocurrencies transaction in the […] …
New Zealand Financial Regulator Warns About Risks of Investing in Bitcoin
The New Zealand FMA has joined the UK’s FCA to warn investors about the potential risks associated with investing in cryptocurrencies. …
Breaking: German Authorities Seize Dark Web Marketplace Using Bitcoin and Privacy Coins
DarkMarket, a deep-web-based illegal marketplace offering ban substances and drugs to users was seized by German law enforcement today as per a report from Dark.Fall. The dark web marketplace was operating for over 7 years and the admins running the platform was identified as a 34-year old Australian man who was arrested by the German
The post Breaking: German Authorities Seize Dark Web Marketplace Using Bitcoin and Privacy Coins appeared first on Coingape. …
Bitcoin faces uncertainty of “tapering”, hints Fed Chair
TL;DR Breakdown Experts say that Bitcoin bubble is soon going to burst as it’s unsustainable in the near term. The Federal Reserve has hinted of a possible “tapering” which can lead to Bitcoin plummeting. On the other hand, rollback from the Fed is unlikely as this would cripple the economy. Bitcoin has nearly quadrupled over […] …
XRP now considered an exchange token – UK Treasury
TL;DR Breakdown UK classifies XRP, BTC and ETH as exchange tokens Ripple believes this classification helps in its defence against the SEC Financial authorities in the UK have clarified their position on what they believe the native token of Ripple is. According to a new document published by the Treasury, XRP, alongside crypto assets like […] …
Here’s why the UK financial regulator said crypto investors can “lose all their money”
The regulator issued the warning shortly after crypto markets took a hit on Monday.
The post Here’s why the UK financial regulator said crypto investors can “lose all their money” appeared first on CryptoSlate. …
FCA Warns Of Suspicious Cryptocurrecy Companies Promising High Returns
The FCA has warned investors of the potential risks associated with allocating funds in crypto-related firms that lack regulation and promise high returns. …
Black Monday: Over $200 Billion Erased From The Market Cap As Bitcoin Crashes Below $33K
Over $200 billion evaporated from the crypto market cap in 24 hours, as BTC lost nearly $10k, while most altcoins have plummeted with double-digits. …
G7 Seeks Crypto Regulation, German Finance Minister Blasts Libra Yet Again
Olag Scholz, the Finance Minister of German, is a man that has taken a very hardline stance against Libra, the crypto project of Facebook, for […] …