United Kingdom

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

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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 … Read more

Barclays, 300 Year-Old UK Legacy Bank, Files Crypto Patents

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The UK’s Barclays, arguably the most powerful international corporate bank in the world, filed two crypto-related patents this week. The 300 year-old legacy bank gobbled up exclusivity over cryptocurrency transfers and distributed ledger data storage. There appears to be a trend for companies, both in and out of the ecosystem, aiming to lock up the … Read more

UK Mosque Collects Four Times More Donations in Crypto Than Fiat

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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 … Read more

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

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Millennial 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 … Read more