Archive | uk

No Plans to Regulate Cryptocurrency From UK Government

The recent reports regarding the crypto situation in the UK indicate that the country’s government has yet to make a formal assessment of potential consequences of the changes in the value of numerous cryptocurrencies. The Consequences of Crypto Price Swings Have yet to Be Determined As cryptocurrencies continue to expand and conquer the world of… […]

TV Drama Features Crypto, Still the Elephant in the Room?

Another TV staple added some extra exposure to cryptocurrency. Britain’s longest running TV drama Coronation Street, added a scenario fitting a recent script. The soap, Coronation Street, is one of the world’s oldest show running on British TV since 1960 and has a run of 9,500 episodes since its creation. The show is watched nightly […]

ECB Has No Plans to Launch Digital Currency Due to Blockchain Immaturity

The European Central Bank (ECB) is not issuing a digital currency any time soon, according to President Mario Draghi. He’s argued that the blockchain technology is not mature enough for such a level of responsibility and physical cash remains widely used within the monetary union. ECB Studies Potential Issuance of Central Bank Digital Currency In… […]

Poll Reveals Millennial’s Rush to Crypto Still Male Dominated

The latest cryptocurrency poll has indicated that millennial women are still lagging behind in adoption of cryptocurrency. A new survey conducted in the US with 3000 millennials, was published on September 12, 2018, by crypto finance company Circle. It revealed that currently, men invest in cryptocurrency at twice the rate of women within the millennial […]

UK Financial Regulator Wants Balanced Crypto Approach

The chief executive of the UK’s Financial Conduct Authority (FCA) addressed the issue of cryptocurrencies at a speech in London on Tuesday, a subject with which he said requires a balanced approach. Speaking at the 2018 regulator’s Annual Public Meeting, Andrew Bailey initially brought up crypto assets as one of four operational risks significant in the regulators’ current […]

UK Meds Signs Deal with Stratis to Use Blockchain in Online Pharmacy Industry

A major U.K.-based online pharmacy has partnered with Stratis to bring the benefits of blockchain to the industry. UK Meds believe that using the Stratis platform to track patient records will improve security and stop people claiming multiple prescriptions. UK Meds and Others to Create a Defacto Standard Using Stratis Blockchain The leading U.K. online… […]

Kucoin Expands Into Australia After $3M Bitcoin Australia Deal

Kucoin is expanding into Australia after it agreed to invest $3 million in Bitcoin Australia. The deal is seen as a win-win for both cryptocurrency exchanges, each seeking to expand into its own direction – Kucoin establishing a niche in the rapidly growing Australian market. Bitcoin Australia is targeting the UK next.   Also read: As […]

Coinbase CEO: Crypto-Space Population Will Grow to 1 Billion in Next 5 Years

Brian Armstrong, crypto exchange giant Coinbase’s CEO, has suggested that the number of people in the cryptocurrency ecosystem will swell to 1 billion over the next five years. In a recent interview, Armstrong sees the current number of 40 million making such a substantial growth due to the continued development of tokens by commercial enterprises […]

Bitcoin’s Hopeful Numbers: 70% Familiar in the United States

This week Yougov Omnibus released a host of encouraging new survey data, new numbers, and among their findings “48% of millennials would be interested in using cryptocurrency primarily…A vast majority (79%) of Americans are familiar with at least one kind of cryptocurrency.” Also read: Square’s Big Week: Crypto Patent, Shares Leap, and Lightning Plug Some […]

15.8 Million UK Residents Own or Are Considering Bitcoin

A recent survey by Bitcoin wallet Luno has shown the desire by UK residents for the launching of a “Bitcoin Barometer” which monitors the numbers of those currently involved in crypto. The barometer, which was launched today, shows that an estimated 15.8 million UK residents either currently own or would consider owning cryptocurrencies in the […]

New EU ICO Rules May Fall Under Crowdfunding Umbrella

The European Parliament in Brussels has taken a further step towards clarifying rules for ICOs within the nations of the European Community. The all-party group met yesterday to examine proposals for the launching of ICOs although as yet no formal statements of intent have been made regarding the outcome of the meeting. Nicolas Brien of […]

Russian Police Swoop on 22 Crypto ATM’s Across the Country

The Russian Police have seized 22 Bitcoin ATMs in 9 different cities across the country by orders from the country’s Central Bank. The machines located mostly in shopping malls, stores and restaurants across the country are operated by Bbfpro. The company’s manager said there were no warnings from the police prior to the seizures, but […]

Bitcoin Custodians with $12 Billion Assets Secures Lloyds Insurance

Lloyds of London, the world’s leading insurance market providing specialist insurance services to businesses in over 200 countries and territories, has moved into underwriting crypto with a new account through its business syndication. UK underwriter Lloyds, which was established in 1765 when button maker John Taylor and iron dealer Samson Lloyd first set up a […]

Artist Dubbed as Next Andy Warhol Sells Entire Collection for Crypto

Artist Lincoln Townley, dubbed by Sir Michel Caine as the next Andy Warhol, has sold his entire collection of work for cryptocurrency over one weekend. The London and LA-based artist’s client list reads like a who’s who in the world of music, sport and cinema with Sir Michael Caine, Al Pacino, Sting, Ronaldinho and Samuel […]