Report: 3 Million Brits Invested in Crypto via Exchanges, Few Sought Advice

Report: 3 Million Brits Invested in Crypto via Exchanges, Few Sought AdviceAccording to a new study, about 3 million British investors have put money into crypto through online trading platforms and only 5 percent of them have been advised by professionals. The survey also found that 2.5 million Brits have casually invested in cryptocurrency without fully understanding it. Also read: Crowd Psychology Driving BTC Prices, Finance […]

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UK Police Top up Budget With Proceeds From Sale of Seized BTC

UK Police Top up Budget With Proceeds From Sale of Seized BTCA UK police department has sold 295 BTC which they say were legally seized from a drug dealer. The court ordered him to forfeit his crypto stored in a hardware wallet. The police reportedly get to keep 18.8% of the sale proceeds. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space British Police Seized BTC […]

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The Daily: Report Sees UK as Crypto Leader, Jersey Adopts ICO Rules

The Daily: Report Sees UK as Crypto Leader, Jersey Adopts ICO RulesThe United Kingdom has what it takes to become a true leader in the crypto space, according to a new report covered in today’s Bitcoin in Brief. Also in The Daily, the British Crown dependency of Jersey has adopted new requirements for ICO projects to better protect participating investors, Malta now has a two-way bitcoin […]

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Bitmex Co-Founder is the Youngest British Self-Made Billionaire

UK media has reported that 34-year-old Ben Delo, the co-founder of Bitmex, has become the youngest British self-made billionaire. Also Read: Japanese Regulator Responds to Reports of Overhauling Crypto Regulation Bitmex’s Ben Delo is the First British Billionaire From Crypto Industry According to The Sunday Times, Ben Delo’s college yearbook describes him as having been voted […]

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27% of England’s Male Millennials Say Bitcoin Better Investment Than Property

England’s Male Millennials Turning To Crypto, According to StudyMillennial Living in 2018: Insights for the UK ‘Build-to-Rent’ Sector, a study in conjunction with FTI Consulting, commemorates real estate group Get Living’s 5th anniversary. Focusing on millennials, it found significant portions turning away from traditional stores of value, such as property and home ownership, in favor of crypto assets.   Also read: Bitlicense Should […]

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Norway and England Contemplate Central Bank-Issued Cryptocurrencies

Norway and England Contemplate Central Bank-Issued CryptocurrenciesThe central banks of Norway and England have published reports exploring different models for central bank-issued cryptocurrencies. By contrast, Federal Reserve governor, Lael Brainard, recently expressed her opposition to central bank cryptocurrencies – claiming that such would result in broad “macroeconomic consequences.” Also Read: Chilean President Considering Regulation of Cryptocurrencies Decline of Cash Prompts Norwegian Central […]

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Most Britons Won’t Support a Crypto Issued by the Bank of England Says Poll

Most Britons Won’t Support a Crypto Issued by the Bank of England, PollAlmost two thirds of British people would not support a cryptocurrency issued by their central bank, according to a survey. Pollsters also found that the majority of Britons have already heard of bitcoin, however, a third of the respondents admitted they would be more likely to invest in cryptocurrencies if they were regulated. Also read: […]

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England: Unauthorized Crypto Futures and ICOs are Criminal Offences

England: Unauthorized Crypto Futures, ICOs are Criminal OffencesIn a statement released 6 April 2018, the Financial Conduct Authority (FCA) of England attempted to clarify its jurisdiction in the ever-booming cryptocurrency industry. While acknowledging cryptos are “not currently” regulated by the bureau, crypto futures, contracts for difference (CFDs), options, and initial coin offerings (ICOs) do indeed fall under their purview. Furthermore, crypto firms […]

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Many Brits Confuse Cryptocurrency with Something Else

Many Brits Confuse Cryptocurrency with Something Else, SurveyAccording to a new poll, many British people have little or no idea what cryptocurrency really is. Terms like “blockchain” sound familiar, but often in completely different contexts. The authors of the study have compiled a “Techionary” to acquaint the public with some common acronyms and buzzwords. Also read: Financial Professionals Bet On Rising Cryptos, […]

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This Week in Bitcoin: Time to Build

This Week in Bitcoin: Time to BuildIf there’s one thing a crypto recession’s good for, it’s rebuilding. It’s debatable whether we’re in a full-blown recession admittedly, but whatever you wanna call it, the charts ain’t looking too pretty. The upside to that is it’s a great time for looking elsewhere. With Easter imminent, it seems fitting that some of crypto’s biggest […]

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