UK FCA gives crypto startups a hindering hand

The United Kingdom is shutting the door for digital asset firms: Crypto startups are no longer welcome to the country. Late last week, the United Kingdom’s Financial Conduct Authority issued temporary licenses to applicant companies looking to become licensed crypto-asset firms. However, with the publication of this list of temporarily authorized firms has come a […]

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Digital decentralization is just the beginning. The real world will follow

Decentralization can trigger a transition to a post-scarcity, post-capitalist crypto economy of abundance, while solving species-threatening negative externalities. Decentralization is not a luxury; it is a necessity. In a prescient article in The Atlantic back in 2012, science fiction writer Bruce Sterling referred to the likes of Amazon, Facebook and Google as “The Stacks,” predicting […]

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Crypto’s loudest cheerleaders in 2020

The biggest names and strongest voices cheering on crypto throughout 2020. For much of 2020, it wasn’t exactly a hard year to be a cheerleader for cryptocurrency.  Emerging from a brutal macro bear market, the space once again proved doubters wrong and attracted a new batch of converts as money-printing efforts across the globe turned […]

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UK investment manager shifts allocation to Bitcoin from gold in ‘defensive move’

The institutional flood into BTC continues. A United Kingdom-based investment manager has added Bitcoin (BTC) to its portfolio, underscoring the ongoing institutional shift toward digital assets. Ruffer Investment Company Limited, an investment manager with shares listed on the London Stock Exchange, has disclosed its new Bitcoin strategy. In a performance update and manager comment posted […]

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Standard Chartered to launch institutional-grade crypto custody in 2021

The major British bank is “rewiring the DNA in banking” with crypto. Standard Chartered, one of the biggest banks in the United Kingdom, has officially announced plans to provide institutional custody for major cryptocurrencies like Bitcoin (BTC). According to a Dec. 9 announcement, Standard Chartered’s innovation arm SC Ventures has partnered with United States-based investment […]

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