カテゴリー: british

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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Richard Branson Speaks Out Against Fake Bitcoin Stories and Scams

Richard Branson Speaks Out Against Fake Bitcoin Stories and ScamsBritish 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 […]

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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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Alleged British Bitcoin Scammer Extradited to US for Defrauding Over $36 Million

Alleged British Bitcoin Scammer Extradited to US for Defrauding Over $36 MillionThe 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, […]

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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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British Man in Amsterdam Allegedly Laundered €11.5m in Bitcoin Drug Money

British Man in Amsterdam Allegedly Laundered €11.5m in Bitcoin Drug MoneyA UK man living in Amsterdam is facing up to five years in prison for allegedly helping people by exchanging fiat cash for bitcoin which was used to buy drugs. He supposedly started by growing cannabis himself but soon found the bitcoin business to be more profitable by itself.   Also Read: US Navy Investigators […]

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Half of Large British Businesses Hold Stockpiles of Cryptocurrency

Half of Large British Businesses Hold Stockpiles of CryptocurrencyA new poll of IT mangers at large UK businesses found that exactly half keep stockpiles of cryptocurrency for various reasons. Unlike what some might imagine, only a very small fraction of the companies that are holding bitcoin claim to be doing so as preparation for a ransomware attack. Also Read: Coinbase Develops Bitpay Competitor […]

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The Satoshi Revolution – Chapter 4: Is Privacy Possible in the Digital Era? (Part 3)

Is Privacy Possible in the Digital Era?Recent inventions and business methods call attention to the next step which must be taken for the protection of the person, and for securing to the individual … the right “to be let alone” … Numerous mechanical devices threaten to make good the prediction that “what is whispered in the closet shall be proclaimed from the house-tops.”

— Louis Brandeis

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Some UK Mortgage Lenders Refuse to Serve Bitcoin Investors

Some UK Mortgage Lenders Refuse to Serve Bitcoin InvestorsBritish bitcoin investors trying to use their earnings to buy real estate are facing difficulties in securing loans from mortgage lenders. Several building societies refuse to work with them even after they converted the cryptocurrency to fiat and provided a paper trail for its origins. Also Read: Pineapple Will Match up to $4M in Bitcoin […]

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UK Garbageman Now Accepts Bitcoin Payments

UK Garbageman Now Accepts Bitcoin PaymentsIn order for a commodity, bill or any other type of financial instrument to be considered a true currency it must be accepted as such by all members of society. A recent indication that this is the state bitcoin is entering comes from the UK where a local garbageman is now welcoming payments in the […]

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