BoE exec warns of stability risks from shift to private settlement assets

2024-10-3 16:25

Bank of England warns that failure to modernize central bank money could shift wholesale settlements to private assets, potentially risking financial stability. A Bank of England executive warns that failing to adapt central bank money to emerging technologies could push… origin »

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bank warns assets central money england shift

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Hainan Province Warns Investors Against Illegal Crypto Fundraising Schemes

Chinese regulators in the Hainan province have warned residents not to involve themselves in cryptocurrency-related fundraising activities, as they are illegal in the island province.  Hainan Cautions Against Illegal Crypto-Related Fundraising Activities According to Reuters on Thursday (June 3, 2021), a report by Nanguo Metropolis Daily stated that the local branch of China’s central bank,Read More

2021-6-6 19:00


Argentina’s Central Bank Warns of ‘Significant Financial Losses’ from Crypto Investing

The people of Argentina are actually investing in crypto to hedge themselves against the devaluation of its fiat currency peso, which has lost 80% of its value in the past four years. The post Argentina’s Central Bank Warns of ‘Significant Financial Losses’ from Crypto Investing first appeared on BitcoinExchangeGuide.

2021-5-22 19:06


As FCA Warns UK Crypto Investors, HSBC Halts Transfers

The Financial Conduct Authority (FCA) has issued a statement warning cryptocurrency investors that “they should be prepared to lose all their money. ” The news hit right after HSBC, a British multinational investment bank, announced that local cryptocurrency traders and investors would no longer be allowed to transfer funds between their accounts and cryptocurrency exchanges.

2021-1-11 20:46


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UK gov introduces bill to recover proceeds of crypto crime

The UK government has introduced the Crime and Policing Bill, aimed at enhancing the country’s ability to recover proceeds from cryptocurrency-related crime. The bill outlines provisions for valuing cryptocurrency, procedures for courts to recover illicit funds, and expanded powers for…

Coinbase wins FCA approval to directly offer crypto in UK

Coinbase has secured registration with the U.K.’s Financial Conduct Authority, becoming the latest crypto exchange to operate in the country. U.S.-based cryptocurrency exchange Coinbase is back in the United Kingdom as it has secured registration with the Financial Conduct Authority,…

FTSE Russell partners with SonarX to launch crypto index

FTSE Russell, a leading global index provider, has partnered with blockchain data infrastructure firm SonarX to expand its digital asset offerings. This partnership will integrate data from over 100 blockchains, including network fundamentals, token supply, staking, and DeFi metrics, into…