Our long-standing interest in the crypto world has been further piques by a report from our friends at P2P Finance News. The gist is that the City watchdog, the Financial Conduct Authority, the FCA, should have oversight of crypto operations in the UK. Our feeling is that this may well fall into the category of […]
Virus or no virus, cryptocurrencies are still with us. Mind you, in this emerging asset class you really have to pick your crypto. Scams must be avoided. Crowdfundinsider has news on the OneCoin saga (fans of “The Missing Crypto Queen” podcast will not be surprised at this development). Judge Valerie Caproni has lifted the stay on a […]
Amid the saturation coverage of the Covid-19 pandemic, lots of important stories are slipping through the cracks. One such is the impending launch of a state-backed crypto: China is trying to do what it stopped Facebook doing with the now aborted launch of its coin, Libero. This fusion of state and crypto could turn into […]
Regular readers will be are that we like to keep a weather eye on cryptocurrencies and alternative assets. Our major focus is on the exciting new music-rights loan offering currently on offer (see below the excerpt on cryptos). Our friends at Crowdfundinsider take up the story: Big Four auditing firm PricewaterhouseCoopers (PwC) reports that the majority of global […]
Amid the doom, gloom and uncertainty, it’s good to see the FinTech standard-bearer, Revolut, forging ahead. We’ll be doing more business as usual very soon (see below). Meanwhile, our friends at AltFi take up the Revolut story. Digital banking service Revolut has given regular customers access to cryptocurrency trading for the first time, a feature previously reserved […]
The story of finance since the turn of the century has been one of the industry’s forging ahead, and regulators and legislators struggling to keep up. Financial technology is very exciting and innovative – but the new world is full of new risks as well as rewards. These need to be monitored. There are several […]
Cryptocurrencies, with Bitcoin to the fore, had a very good four weeks to the middle of May, with Bitcoin, the bellwether of cryptos, gaining in value by around 20 per cent. There’s been a retrenchment since then, but general interest in cryptos has been piqued once more. So the following warning from the Financial Conduct […]
We’re nicely into the new tax year. And our thoughts turn to plans for the future. The jury remains well and truly out on cryptocurrencies, although the sector has attracted a lot of interest from punters (hard to call them investors) following the 20 per cent surge in the price of Bitcoin in the past […]
Is this the opening of the floodgates? We’ve long been looking at the uses of cryptocurrencies and security tokens, as regularly reported on this site. We’ve also commented on the mixture of fear and envy demonstrated by mainstream finance when it looks at the crypto world. It’s common knowledge that the big banks have been […]
After hubris – essentially over-mighty, prideful overreaching – comes nemesis (the comeuppance that fate decrees). So, following on from yesterday’s look at the increasing use of crypto-assets by peer-to-peer (P2P) platforms, we find a highly entertaining news report from Crowdfundinsider. The news site carries a story of the launch of a new crypto exchange called […]