Tag Archives: UK

Bitcoin v Glint: Could you make cash from GOLD? App offers cryptocurrency alternative | UK | News

Almost 86-years since the nation gave up on the gold standard, tech company Glint Pay Services is encouraging investors to throw their weight behind the precious metal as they “reintroduce gold as money”. Users will be able to make payments through mobile phone apps or a conventional MasterCard, allowing anyone to buy, sell and gift […]

UK Financial Watchdog Issues Cryptocurrency Derivatives Warning

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The UK’s Financial Conduct Authority has warned of investment risks in cryptocurrency contracts-for-differences, a type of financial derivative. The Financial Conduct Authority (FCA), the UK’s primary financial regulator and watchdog, has issued a consumer warning about the risks of investing in cryptocurrency […]

UK cryptocurrency exchange startup launches debit card for spending…

A UK startup is launching a cryptocurrency exchange that comes with a debit card that lets users spend their bitcoin anywhere in the country that accepts Visa. The London Block Exchange (LBX) will let retail and institutional investors buy and sell cryptocurrencies, beginning with bitcoin, Ethereum, Litecoin, Monero and Ripple, through a dedicated app. But […]

UK Financial Authority Warns Investors Against Cryptocurrency Derivatives

British regulator, the Financial Conduct Authority, has issued a warning to investors against venturing into cryptocurrency contracts for differences (CFDs). The agency claimed that digital currency-based CFDs are considered to be high-risk investments. In a statement posted on its website in mid-November 2017, the FCA issued its warning to investors against investing in crypto-based CFDs […]

UK Finance Regulator Warns Against Cryptocurrency Derivatives

One of the U.K.’s finance regulator has warned consumers about a particular kind of derivative contract based on cryptocurrencies. In a release on its website, the U.K. Financial Conduct Authority (FCA) cautioned would-be investors in cryptocurrency contracts-for-differences, or CFDs. Under a CFD, the two parties involved agree to pay either side in the event that […]

UK threatens to shut down popular Bitcoin investment site BitConnect

It turns out Ethereum founder Vitalik Buterin might have been right to suggest popular Bitcoin investment platform, BitConnect, has been running a Ponzi scheme after all: the UK Registrar of Companies has threatened to shut down the dodgy platform and dissolve its operation. BitConnect has two months to prove “cause to the contrary” until the […]

High-End Luxury Furniture Retailer becomes First to Accept Bitcoin in the UK

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Luxury furniture retailer and interior design service provider Juliettes Interiors has become the first high-end U.K. retailer to accept bitcoin. Juliette Thomas, the company’s director, is an individual who looks toward embracing new technologies. She was one of the first to drive […]

Bitcoin Low Risk For Money Laundering, High For Cybercrime: UK Treasury

A recent report from the UK Treasury regarding monetary policy in the country has been released, providing a summary of analysis over a number of financial topics. The paper, expressing the views of the National Crime Agency (NCA), deals with Bitcoin and its usefulness in crime. Low risk of laundering In spite of the widespread […]

UK & Taiwanese Regulators Weigh in Bitcoin and Money Laundering, France to Seek Public Consultation on ICOs

Regulation This past week has witnessed several developments in the sphere of cryptocurrency regulations. In recent days, the U.K. government has assessed bitcoin as possessing a “relatively low” money laundering risk, Taiwan’s central bank has stated that bitcoin trading should be incorporated under the purview of existing money laundering laws, and France’s […]

Bitcoin Goes UK Chic, Juliettes Interiors First Luxury Retailer to Accept Cryptocurrency

Featured Juliettes Interiors, a London-based luxury retailer in the United Kingdom (UK), announced it will accept the world’s most popular cryptocurrency, bitcoin. Juliette Thomas, the company’s founder and Director, forecasts, “I realise we stand alone in our sector at the moment but, within 18 months, I think [bitcoin] will be a part […]

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