Crypto is Worthless, Fails Basic Financial Tests: Bank of England Adviser

By Legacy banks are not worried about crypto because it has no value and fails the fundamental tests of financial services. That’s the assessment of Huw van Steenis, the senior adviser to Bank of England Governor Mark Carney. Van Steenis says while traditional banks are always trying to fend off competition from new fintech platforms, he’s

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Most Britons Won’t Support a Crypto Issued by the Bank of England Says Poll (

Almost two thirds of British people would not support a cryptocurrency issued by their central bank, according to a survey. Pollsters also found that the majority of Britons have already heard of bitcoin, however, a third of the respondents admitted they would be more likely to invest in cryptocurrencies if they were regulated.
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England: Unauthorized Crypto Futures and ICOs are Criminal Offences (

In a statement released 6 April 2018, the Financial Conduct Authority (FCA) of England attempted to clarify its jurisdiction in the ever-booming cryptocurrency industry. While acknowledging cryptos are “not currently” regulated by the bureau, crypto futures, contracts for difference (CFDs), options, and initial coin offerings (ICOs) do indeed fall under their purview. Furthermore, crypto firms running afoul of necessary FCA authorization are committing “a criminal offence.”
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Bitcoin Price Steady as Bank of England Exec Calls Cryptocurrency a Failure

Bitcoin's price held steady in the last 24 hours even as the Bank of England's governor Mark Carney declared the cryptocurrency a failure. According to Carney, bitcoin had “pretty much failed” as far as “the traditional aspects of money” were concerned. “It is not a store of value because it is all over the …
Google Alert – bitcoin

2 bitcoin traders were held at gunpoint in an armed raid in rural England

Two bitcoin traders were robbed at gunpoint at their home in rural England when armed criminals forced them to carry out cryptocurrency transfers. Danny Aston and his girlfriend Amy Jay, who jointly run a cryptocurrency trading company, were forced to digitally transfer bitcoin by four men who broke …
Google Alert – bitcoin