Hong Kong bust first crypto-crime ring which funnelled $155m in dirty cash July 15, 2021 Hong Kong officials have undergone their first crypto laundering bust today, catching a syndicate funnelling some $155m in illegal funds. Four men have been arrested and bailed, while a separate stash of cash has been frozen. “It is the first time in Hong Kong that a money-laundering ring involved in using cryptocurrency to wash dirty [...]
Crypto: 95 per cent of ASA’s scam alerts are related to Bitcoin July 15, 2021 Close to 95 per cent of all scam alerts sent by the Advertising Standards Authority to social media platforms have been related to bitcoin scams, the watchdog said today. Last year, the ASA created an ad alert system to pick up false adverts. Since then, the scheme has alerted 145 platforms to date. Crypto scams [...]
Bitcoin market spots a green light at the end of a long and dark tunnel July 15, 2021 There’s a splash of green across the boards this morning, as most major cryptocurrencies recover from recent losses.
The City post-Brexit: A discussion about the Square Mile’s future in Global Britain July 14, 2021 This discussion focuses on the Treasury’s strategy paper on MIFID2, the proposed review of the prospectus regime, the post-Hill Review and the latest Treasury paper on Solvency2. Also on how and whether the UK should open up more to cryptos in the wake of the crackdown on Binance, and thoughts on what we could/should do [...]
Creating a future of access to financial tools for everyone with MELD July 14, 2021 Crypto AM's James Bowater discusses MELD with chairman Ken Olling and CEO Hai Nguyen Quang.
Sharpest inflation increase since 2008 fails to drive Bitcoin demand July 14, 2021 The crypto markets are down again today, with both Bitcoin and Ethereum prices falling to levels not seen since late June.
Bumper set to fire up its Liquidity Provision Program today July 14, 2021 Crypto AM turns its spotlight on Bumper - a DeFi protocol that shields your crypto from volatility.
China’s crackdown on crypto continues as more mining projects shut down July 14, 2021 The cryptocurrency industry in China was further hit today as Anhui province said it would close all crypto mining operations due to energy consumption concerns. The province in east China will shut down the energy-intensive projects as part of a package of changes to address a power supply shortage. Cryptocurrency prices continued to drop overnight, [...]
History tells us there will be buy signals for Bitcoin investors July 13, 2021 Mixing it the metaverse, Dr Chris Kacher reassures investors that history dictates there will be visable buy signals.
Brexit: EU unlikely to throw doors open to UK financial services, says Bailey July 13, 2021 Andrew Bailey, Governor of the Bank of England, said on Tuesday he does not expect the EU to open the doors to UK financial services exports following Brexit. “On equivalence, I think it’s fair to say that nothing really has moved forwards” Bailey told a news conference today. Brussels has yet to decide whether rules governing the [...]