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When societies discuss cryptocurrencies, the argument that the decentralized and unregulated nature of the crypto space leaves the door open to abuse, like money laundering and financial fraud, is often put forward by officials and authorities. However, a string of cases involving precisely these sins, and many, many banks, show that regulations are largely ineffective […]
The post More Banks Sanctioned for AML, Fraud-Related Violations appeared first on Bitcoin News.
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The London and Los Angeles-based artist once dubbed “the next Andy Warhol” by actor Michael Caine, Lincoln Townley, has sold an entire collection of works in exchange for cryptocurrency via popular social media platform Wechat. Also Read: The Daily: Bittrex Invests in New Platform, ATM Market to Grow Over 50% a Year Contemporary Artist Sells Entire […]
The post British Artist Sells Entire Collection for Crypto via Wechat appeared first on Bitcoin News.
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According 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 […]
The post Report: 3 Million Brits Invested in Crypto via Exchanges, Few Sought Advice appeared first on Bitcoin News.
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A British Mosque has collected four times more donations in cryptocurrencies than fiat, showing another example of the growing importance of the innovative instruments in charity. People from all around the world donated to the mosque using cryptocurrency during Ramadan, including one transaction of over £5,200. Also Read: The Daily: Poloniex Goes Mobile, Cobinhood Adds […]
The post UK Mosque Collects Four Times More Donations in Crypto Than Fiat appeared first on Bitcoin News.
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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 […]
The post Bitmex Co-Founder is the Youngest British Self-Made Billionaire appeared first on Bitcoin News.
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While women remain a minority among cryptocurrency traders and investors by all accounts, new data reveals that their interest in joining the field is growing fast. This increased openness to crypto is especially true among the young generation of women. Also Read: This Week in Bitcoin: Still Ways to Make Quick Fortune in Crypto, Satoshi Revealed? […]
The post Women’s Interest in Crypto Trading Has Doubled, UK Exchange Reveals appeared first on Bitcoin News.
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The 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 […]
The post Norway and England Contemplate Central Bank-Issued Cryptocurrencies appeared first on Bitcoin News.
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British entrepreneur Richard Branson has spoken out over the “worrying” spread of bitcoin scam stories and ads. Some of the most common are false endorsements and fake binary trading schemes, he warns. Advising everyone to remain vigilant, Branson suggests that users should report fake stories to the platforms which have published them. Also read: Facebook […]
The post Richard Branson Speaks Out Against Fake Bitcoin Stories and Scams appeared first on Bitcoin News.
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Almost 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: […]
The post Most Britons Won’t Support a Crypto Issued by the Bank of England Says Poll appeared first on Bitcoin News.
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The FBI has announced on Friday that Renwick Haddow, a 49-year old UK national, has been extradited to the US from Morocco to face charges at the Southern District Court of New York. He is accused of defrauding more than $36 million from victims by making material misrepresentations and misappropriating investment funds in two companies, […]
The post Alleged British Bitcoin Scammer Extradited to US for Defrauding Over $36 Million appeared first on Bitcoin News.
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