John Griffiths-Jones has used his last speech as chairman of the Financial Conduct Authority to warn over the dangers of cryptocurrencies, outline the regulator’s role in Brexit and criticise the financial legal system.
Bank of England governor Mark Carney has warned that cryptocurrencies are “failing” and called for them to be regulated to prevent illegal activities.
Bitcoin, ether and other digital currencies are to come under scrutiny in the UK after the Treasury Committee announced on Thursday it has launched an inquiry into digital currencies and the technology behind them.
Since the new year, the cryptocurrency bitcoin has faced extreme volatility, and last week, it suffered further setback. But is this just a temporary blip or could this be the end for bitcoin?
The FCA has issued a warning on the rise of fraudsters offering investments in binary options and cryptocurrencies, such as Bitcoin.
The prospect of a US government shutdown has seen the pound climb to its highest level against the dollar since Brexit, while cryptocurrency Bitcoin continues to decline.
The world’s best-known cryptocurrency, bitcoin, has suffered yet another setback, tumbling to $13,635 (£10,069) on Tuesday.
Bitcoin fell 25% on Friday morning, just days after hitting a fresh high $20,000 (£14,948).
As Bitcoin surges to new heights, how can advisers manage enthusiastic clients’ fear of missing out (Fomo)?
Shorting bitcoin on the back of its soaring value and Monday’s launch of the first futures trading has been dismissed as irrational and “high risk” by a top UBS economist.
French boutique asset manager TOBAM has launched what is claims is the first ever mutual fund in Europe that tracks the value of bitcoin.
The first exchange-traded notes tracking the price of ether, a ‘crypto-fuel’, have been launched for European investors.
