U.K. Government Squashes Royal Mint’s Plans to Launch Gold-backed Cryptocurrency | BTCMANAGER

Britain’s Royal Mint, a wholly government-owned mint whose primary objective is to create gold and silver coins for the state, will not be launching its gold-backed cryptocurrency any time soon, as the U.K. authorities have kicked against it, reported Reuters on October 23, 2018. Royal Mint’s Digital Gold Ambition Sees […]

» Read more

Coinbase Pro Launching New Crypto Trading Pairs for British Pounds, Aims for U.K. Top Spot | BTCMANAGER

Cryptocurrency exchange Coinbase will begin rolling out new order book trading pairs for British pounds (GBP) for traders based in the U.K, Coinbase Pro general manager announced on September 5, 2018. Coinbase U.K. Expansion Coinbase has confirmed that it will be integrating new crypto-fiat trading pairs for GBP on September […]

» Read more

Bitmex Co-Founder is the Youngest British Self-Made Billionaire

UK media has reported that 34-year-old Ben Delo, the co-founder of Bitmex, has become the youngest British self-made billionaire. Also Read: Japanese Regulator Responds to Reports of Overhauling Crypto Regulation Bitmex’s Ben Delo is the First British Billionaire From Crypto Industry According to The Sunday Times, Ben Delo’s college yearbook describes […]

» Read more

U.K. Asks Banks to Scrutinize Cryptocurrency Businesses, Does Not Consider Asset Class as Criminal | BTCMANAGER

The CEOs of several major banks in the U.K. received a letter from the country’s Financial Conduct Authority (FCA) over the potential risks when dealing with cryptocurrencies on June 11, 2018. Cryptocurrency Firms Pose Risk to Financial Framework As per details of the letter, institutional banks and financial service firms […]

» Read more