Uk

Floki Inu Cryptocurrency Ads Under Investigation in UK

The U.K.’s advertising authority has launched an investigation into advertisements for the cryptocurrency floki inu (FLOKI). The ads, titled “Missed Doge? Get Floki,” have appeared on London buses and the underground. The team behind the floki inu ad campaign says the advertisements are “legally cleared,” and the advertising authority’s action is “an attack against cryptocurrency and against the people’s freedom of choice — a clear attempt at censorship.” UK’s Advertising Authority Investigating Ads for Floki Inu Cryptocurrency The Advertising Standards Authority (ASA), the U.K.’s regulator of advertising, is investigating advertisements

Global Exchange Binance Releases Crypto Bill of Rights For Traders

Binance, the world’s largest crypto exchange, has released what they call the “10 Fundamental Rights for Crypto Users.” Running what Changpeng Zhao (CZ) says is Binance’s first advertisement ever, the exchange took up an entire page of London’s Financial Times with the words “CRYPTO IS EVIL.” Underneath the eye-catching phrase, Binance warns: “When it comes to crypto, Don’t let the headlines fool you. There’s a world beyond Bitcoin and Dogecoin, one where financial opportunity is accessible to everyone, not just the privileged few. Crypto belongs to all of us. But

Revolut to Reportedly Launch Own Cryptocurrency Token

According to a recent report, Revolut seeks approval from UK’s securities regulator to launch its exchange token. Should the initiative be greenlighted, it will start from Europe and other non-US-based locations. Citing people familiar with the matter, CoinDesk reported earlier that Revolut – a leading fintech firm – wants to release its cryptocurrency token. One of the sources indicated that users would be able to utilize the coin similarly to Wirex and Nexo. However, such a development would be possible only if the initiative received regulatory approval from the UK

This crypto ad exec tells us how the industry will evolve and why transparency is so important

CryptoSlate recently had the opportunity to chat with Milo McCloud, the co-founder of Paradox Group, a well-known crypto advertising firm that works with some of the biggest names in blockchain.What is the professional background of the Paradox founders and what is their previous experience in crypto?I am a blockchain, fintech, and cryptocurrency specialist focusing on growth opportunities for companies in these sectors.Prior to co-founding Paradox Group, I worked in investment sales and marketing, as well as having represented Great Britain in Alpine Skiing as an international athlete.My co-founder, Paul Burnham,

South African University Professor Urges Country to ‘Finalize Cryptocurrency Policy’ — Warns Against Resisting Crypto

A professor with the University of Johannesburg, Rabelani Dagada, has urged South Africa to finalize its cryptocurrency public policy if the country still wants to become a hub for digital currency innovation. History Will Repeat Itself In an opinion published by Itweb, Dagada warned South African authorities that the continued efforts to stifle cryptocurrencies will not achieve the intended objectives. He adds that regulators must learn from history that violently opposing an emerging innovation will not kill it. He explained: Technology has prevailed against violent and regulatory opposition. During the

South African University Professor Urges Country to ‘Finalize Cryptocurrency Policy’ — Warns Against Resisting Crypto

A professor with the University of Johannesburg, Rabelani Dagada, has urged South Africa to finalize its cryptocurrency public policy if the country still wants to become a hub for digital currency innovation. History Will Repeat Itself In an opinion published by Itweb, Dagada warned South African authorities that the continued efforts to stifle cryptocurrencies will not achieve the intended objectives. He adds that regulators must learn from history that violently opposing an emerging innovation will not kill it. He explained: Technology has prevailed against violent and regulatory opposition. During the

Cryptocurrency Exchanges Seek Employees to Solve Regulatory Issues

Sep 25, 2021 at 11:11 // News Many cryptocurrency exchanges have had problems with financial regulators in different countries. Some of them have had to shut down or move their operations to other countries. Others have been forced to look for ways to deal with supervisors and improve compliance. In 2021, cryptocurrency exchange Binance had numerous issues with regulators in different countries. As reported by CoinIdol, a world blockchain news outlet, it was charged and sanctioned by the Japanese Financial Services Agency (FSA) for allegedly conducting illegal business. Later, the

Baanx Acquires Stake in Major US Fintech Bank

LONDON, Sept 6, 2021 - (ACN Newswire) - Baanx, the fast-growing B2B2C "Better than a Banking Platform" specialising in fintech services & lending, becomes the third-largest shareholder in the United States regulated Maxwell State Bank in a multi-million-dollar deal to enhance cybersecurity and banking access to communities throughout America.Maxwell State Bank is a fintech bank and VISA Principal Member established circa 1943 in Iowa. With total assets of $29,655,000 and deposits of $25,058,000 Maxwell has been FDIC certified since 1943 for insured deposits. Maxwell was acquired by serial fintech entrepreneur Ronald Ingram, founder of

Gold, Stocks, and Bitcoin: Weekly Overview — September 3

This week’s price movements for Bitcoin (BTC), gold, and our stock picks, Visa and Coinbase.Sponsored Sponsored BTC Bitcoin seems to have fared middling-well over the past two weeks, as it achieved $50,000 again for the first time since May but seems to have met resistance at this point since then.  Trading around $45,000 on August 19, BTC then rose to $47,000 by the next day, $49,000 the day after that, finally surpassing the $50,000 mark on August 23. Having hit a target price point, BTC naturally met with selling pressure

UK Crypto Exchange Receives Approval From FCA

UK-based cryptocurrency exchange Coinpass received approval from the country’s Financial Conduct Authority (FCA) to operate as a crypto assets company.Sponsored Sponsored This makes Coinpass among the first UK-based crypto exchanges to have fully registered with the FCA, according to Coinpass Chief Executive Jeff Hancock. FCA registration The FCA became the anti-money laundering and counter terrorist financing supervisor of crypto asset firms in January. Since then, crypto firms have had to register with the FCA before doing business. Until now, the FCA had only registered six firms with dozens more still