FCA chair questions watchdog’s role in crypto regulation May 22, 2022 The chair of the UK’s top financial watchdog has questioned the role it should play in crypto regulation after hundreds of billions of dollars was wiped from the value of the market in the past month.
£24,000 per ticket to attend original ‘Wolf of Wall Street’ crypto event June 7, 2022 The original Wolf of Wall Street, whose blockbuster memoir about his explosive career in high finance was the inspiration for the 2013 movie starring Leonardo DiCaprio, is co-hosting an exclusive two-day cryptocurrency event in London this month costing one Bitcoin - around a whopping £24,000 - to attend.
Global crypto market cap surges past $3tn as top coins rally November 8, 2021 The global crypto currency market is now worth a whopping $3tn (£2.2tn) according to data from CoinGecko. It comes after top ten crypto currencies have all experienced a price surge over the past week helping to push the market to new heights. Bitcoin has jumped above the $66k mark, up 6.4 per cent in 24 [...]
Shares tank 15 per cent for Argo Blockchain as it pens new crypto mining agreement October 7, 2022 Shares plunged nearly 15 per cent for Argo Blockchain after the cryptocurrency mining giant penned an agreement with an undisclosed party to host and operate mining machines at its Helios facility in Texas. Up to 32 megawatts of power capacity will be provided by the company, which is roughly enough to power over 10,000 mining machines. In [...]
G20 financial watchdog needs to show teeth on crypto July 21, 2023 Nigel Green urges the FSB to apply sensible pressure to individual member nations to adopt their recommendations over crypto.
Crypto ‘more closely resembles gambling than a financial service’, Treasury committee warns government May 17, 2023 An influential group of lawmakers has argued that consumer cryptocurrencies should be treated like gambling in the government’s upcoming crypto regulations. In a new report on the crypto sector, MPs on the Treasury Select Committee concluded that retail trading in unbacked crypto “more closely resembles gambling than a financial service”. The MPs noted that the [...]
‘The Future of Money’: book review September 26, 2022 Are cryptocurrencies the next big investment, a fad or a currency that will transform the economic and financial landscape? What are some of the advantages and shortcomings of digital currencies? Who will benefit from them? Eswar S. Prasad attempts to address these questions in The Future of Money: How the Digital Revolution Is Transforming Currencies [...]
Crypto market stagnates despite growing institutional interest September 20, 2021 It was an uneventful week for Bitcoin and the larger crypto market, with the leading cryptocurrency fluctuating between the $43,000 and $48,000 mark.
‘A Day in the Life’ of Jimmy Nguyen- Founding President, Bitcoin Association July 31, 2020 Jimmy Nguyen is the Founding President of Bitcoin Association, the Switzerland-based global industry organization that supports Bitcoin SV. One of the main competing chains of Bitcoin, Bitcoin SV uses the original Bitcoin protocol and is massively scaling to be the global enterprise blockchain. Following a distinguished legal career, Jimmy shifted tracks professionally in 2017 to focus [...]