Expert explains why Britain needs a digital pound
One of the contributors to the Bank of England’s preliminary CBDC research tells us why a digital pound is neccessary in the United Kingdom. Go to Source Powered by WPeMatico
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UK government establishes central bank digital currency task force
The United Kingdom is the latest country to begin exploring the possibility of creating a central bank digital currency. Go to Source Powered by WPeMatico
The perils of suing crypto exchanges after ransomware attacks
As seen in the case of AA v. Bitfinex, targeting a crypto exchange over stolen funds is a high-risk, low-reward proposition. Go to Source Powered by WPeMatico
UK hedge fund reportedly plans to invest $84M in crypto
The firm’s co-founder Alan Howard already has a personal stake in One River Digital Asset Management’s crypto ventures. Go to Source Powered by WPeMatico
British Authorities Take Down Dark Web Ecstasy Gang, Seize $5.8M in Drugs
The string of dark web gangs being cracked down by law enforcement is still alive across the world. Recently, the British authorities dismantled an unnamed dark web band known for selling ecstasy and gathering millions of dollars worth of crypto. Gang Sold Ecstasy, Amphetamine, and Diazepam in Several Darknet Forums According to The Independent, the … Read more
Forex and crypto investors seek thrills and social status, says FCA study
A new study commissioned by the United Kingdom’s Financial Conduct Authority found that the profile of cryptocurrency traders skews towards thrill-seeking, trading on gut “instinct.” Go to Source Powered by WPeMatico
Manchester City soccer club launches fan token with Socios
English Premier League soccer club Manchester City is debuting a blockchain-based fan token, promising free tokens for registered Cityzen fans. Go to Source Powered by WPeMatico
The number of Bitcoin ATMs in the US rose 177% over the past year
Worldwide, close to 10,000 new Bitcoin ATMs have been installed since March 1, 2020. Go to Source Powered by WPeMatico
HODLer claims to have used crypto profits for father’s cancer treatment
A Redditor reportedly recommended an acquaintance invest in ADA, XDC, GLM, NEXO, and ETH back in 2019. Go to Source Powered by WPeMatico
Bybit appoints new general counsel to lead global cryptocurrency compliance
Daniel Lim will lead Bybit’s legal and compliance team, following an appointment hot on the heels of Bybit’s U.K. shutdown. Go to Source Powered by WPeMatico