UK-based banking giant HSBC is seeking Korean banking partners to expand the R3-backed blockchain platform Voltron to the region. United Kingdom-based banking giant HSBC is seeking banking partners in South Korea to deploy the blockchain platform Voltron in the country, Korean news outlet The Korea Times reports on Tuesday, March 12. As reported, Voltron is […]
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The U.K. Financial Conduct Authority has published two studies on crypto, revealing that U.K. consumers lack knowledge of the industry. The United Kingdom’s Financial Conduct Authority (FCA) has published two pieces of research on Thursday, Mar. 7, which examine the attitudes of U.K. crypto consumers. The first study, conducted by research firm Revealing Reality, uses […]
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U.K.’s Financial Conduct Authority has warned the public against illicit Bulgaria-based Next Coin, which claims to be FCA-authorized. The British financial regulator, the Financial Conduct Authority (FCA), has issued a warning against illegal crypto-related firm Next Coin Market, according to an official statement released on March 6. According to the FCA, Bulgaria-based Next Coin falsely […]
Continue ReadingSetl, a Credit Agricole-backed blockchain startup based out of the United Kingdom, has filed for insolvency. Setl, a Credit Agricole-backed blockchain startup based out of the United Kingdom, has filed for insolvency. The insolvency notice was filed on March 7 with U.K. authorities. Credit Agricole is reportedly the world’s largest cooperative financial institution, headquartered in […]
Continue ReadingTesla CEO said that Bitcoin’s structure is “quite brilliant.” Last week, technology entrepreneur and Tesla CEO Elon Musk said that Bitcoin’s (BTC) structure is “quite brilliant,” adding that digital currency is “a far better way to transfer value than pieces of paper.” Notably, that was perhaps the most straightforward comment on cryptocurrencies and blockchain from […]
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The financial capital of the world can afford to be picky — but does it stifle fintech innovation? Recently the New York Department of Financial Services (NYDFS) grant statewide virtual currency licenses to two applicants: stock trading service Robinhood and cryptocurrency ATM operator LibertyX. The state’s regulatory regime, commonly known as BitLicense, imposes a set of […]
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U.K. and Ireland-based Wilsons Auctions partners with Belgium government to sell $430,000 in cryptocurrencies seized during police operations. United Kingdom and Ireland-based auction house Wilsons Auctions will host its first Bitcoin (BTC) auction in late February as per a contract with the Belgian Federal Government. The news was announced in a blog post from the […]
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The London-based Institute of Decentralized Economics has launched and will study blockchain-based economic systems and their impact on existing institutions. The Institute of Decentralized Economics (IDE) has opened in London, the United Kingdom on Feb. 14, according to a press release shared with Cointelegraph. The think tank, which is dedicated to the study of blockchain-based […]
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U.K. revenue and customs watchdog postpones the trial of its blockchain solution in the wake of Brexit. Her Majesty’s Revenue and Customs (HMRC) has delayed further work on a successful blockchain project in the wake of Brexit, according to a written parliamentary statement published Feb. 7. The question about the distributed ledger project for customs […]
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The Financial Conduct Authority reported that investment scams’ losses amounted to over $255 million in 2018. The United Kingdom Financial Conduct Authority (FCA) has reported that common investment scams’ losses — including those crypto-related — amounted in total to over £197 million ($255 million) in 2018. The agency reported the losses in an official press […]
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