Brexit Beatdown Adds to Pressure on US Stock Market
Brexit, Brexit, and more Brexit. UK readers will probably be desperate to stop talking about bloody Brexit. Well, the end-game appears to be in motion. Theresa May put her …
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97% of Brits Don’t Own Crypto, Don’t Plan on Buying Bitcoin Either
A new report from the United Kingdom’s primary financial regulator suggests we’re still a long way from a cryptocurrency revolution. According to the report, only 3 percent of people …
British Broadcasters Battle Netflix for the Future of Television
The world is enamored with Netflix and this hasn’t gone unnoticed in the U.K. where the two leading TV companies have come together to create a competitor for the …
UK Auction House to Sell $400,000 in Dark Web Bitcoin
Wilsons Auction House in the UK will be hosting a cryptocurrency auction for roughly 315 coins. The coins are spread across Bitcoin, Bitcoin Gold, and Bitcoin Cash. A full …
Dow Gets Lost in the ‘Fog of Brexit’ as Stock Market Craters
The U.S. stock market declined sharply on Thursday after the Bank of England (BOE) slashed its growth outlook for 2019, citing underlying risks tied to Brexit. The United Kingdom …
Is The Demise of Euro Inevitable? Analyst Says it Can Trigger a Devastating Collapse
By CCN.com: As the eurozone economy slows down and the European Central Bank (ECB) run out of ways to fuel the market, market strategist Russell Napier has said the …
Watching the Pennies Excessively? Pound Falls from Two-Month High as UK Retail Sales Disappoint
The British pound fell from its two-month high early Friday as fears of a no-deal exit from the European Union rescinded. After hitting the $1.3000 mark on Thursday, the …
UK Regulators Probe 18 Crypto Firms for Fraud and Illegal Operations
Over a dozen firms in the cryptocurrency sector are under investigation by UK’s financial regulator, reports the Financial Times. According to the business publication, the Financial Conduct Authority (FCA) …
Consumer Confidence Drops, Can Retailers Like Walmart End 2018 Well?
The confidence of consumers in the mid-term performance of the U.S. economy has declined, placing more pressure on retailers like Walmart and Target that have been struggling since the …
Target, Walmart See Steep Losses, UK Retailers ‘Smashed to Pieces’
Over the past two months, despite the expectations of increased sales during the Christmas season, major retailers such as Target and Walmart have continued to record large losses. Since …
Bitcoin-Friendly Revolut Receives European Banking License, Aims to be ‘Amazon of Banking’
Revolut, a digital banking alternative that features an in-app bitcoin and cryptocurrency exchange, has received a European banking license as it seeks to expand its offerings and position itself …
UK Parliament Member Wants You to Pay Your Taxes with Bitcoin
A member of the British Parliament wants UK residents to be able to pay their local taxes and utility bills using bitcoin. Eddie Hughes, a conservative MP (member of …
GDPR Uncertainty a Key Concern of 74% of Blockchain Firms in the UK: Report
Regulatory uncertainty in Britain’s blockchain sector has emerged as one of the biggest concerns for distributed ledger technology firms in the country. According to research conducted by digital innovation …
UK Financial Regulator to Investigate Non-Complaint Crypto Businesses Further
The UK’s financial watchdog is stepping up its scrutiny of the cryptocurrency sector, even as prices continue to regain their position, over last week’s bloodbath, which saw the total …
Crypto Market Crash Takes Pressure off Us: UK Regulators
Britain’s financial regulatory body has had some pressure taken off its shoulders as the downturn in the value of bitcoin and other digital assets signaled a reduction in the …
British Politician: Printing Fiat Money is Counterfeiting, Merit of Crypto
At a European Parliament meeting in 2013, British politician Godfrey William Bloom said that all major banks are broke and criticized the ability of banks to lend money they …
20% of the British Population See Bitcoin as an Inevitability
YouGov is a global data and research firm which serves industries, governments, and people in various ways, primarily by aggregating data and giving it to those who are able …
Cryptocurrency Derivatives in the UK at Risk of Ban, Taskforce to Have Final Say
Cryptocurrency derivatives including futures, options and contracts for differences could potentially be prohibited in the United Kingdom in the near future. According to a statement issued by the Financial …
Cryptocurrency Regulations Threatens UK’s ‘Fintech Hub’ Status: Report
A little over a month since legislators in the United Kingdom branded the domestic cryptocurrency market the ‘Wild West’ and called for its regulation, experts have warned that such …