british virgin islands
British Virgin Islands Aims to Rollout a New USD-Backed Digital Currency
The government of the British Virgin Islands, in partnership with LIFElabs.io, aims to develop a digital currency that will be peeled at the ratio of 1:1 against the United States dollar to be used with the territory.
Huobi Group Secures Regulatory Approval to Trade in the British Virgin Islands
Huobi Group will be one of the first digital assets trading platforms to be given permission to run regulated trading services in the British Virgin Islands (BVI)
The Cayman Islands Creates Regulatory Framework to Attract Virtual Asset Business
The Ministry of Financial Services of the Cayman Islands announced that it is building regulatory frameworks for individuals and entities that offer digital assets in business.
Virgin Galactic CEO Rejects Coronavirus Bitcoin Bull Theory as “Idiotic”
Virgin Galactic CEO, Chamath Palihapitiya has dismissed the notion that the disruption to traditional markets caused by the coronavirus will serve as the catalyst for a major Bitcoin and cryptocurrency bull run.
Former British Politician Godfrey Bloom Announces First Bitcoin Purchase
Godfrey Bloom, the former British Member of Parliament, has revealed that he is making his first purchase of Bitcoin.
Chelsea Football Club Owner Abramovich Confirmed as Investor in Telegram's 2018 ICO
The US Securities and Exchange Commission’s (SEC) investigation into Telegram’s $1.7 billion initial coin offering (ICO) in 2018 has revealed that some very big names took part in the unregistered offering.
Bitcoin Trading Should Be Banned by Central Banks, Says Former British Member of Parliament
Former Member of the British Parliament Nick Boles appears to disfavour Bitcoin, saying that the central banks should monitor the cryptocurrency’s trades.
CertiK Announces the Completion of British Pound Backed Stablecoin on Binance
According to the Exchangers representative, the token was going to be referred to as Binance GBP and was going to be fully backed by British pounds reserves. He also stated that in the nearest future more fiat currency backed stablecoins would be introduced on the platform
Bitcoin Price Surges While the British Pound Falls During Brexit Fiasco
Bitcoin’s price shot up above $10,000, and other major cryptocurrencies have also seen gains. The turmoil surrounding the possibility of a no-deal Brexit has led to the fall of the British Pound.
United States DoJ Files to Freeze Assets of OneCoin Money Launderer and Recoup $400 Million
The United States Department of Justice has filed to freeze the assets of OneCoin Money Launderer Mark Scott, and Recoup $400 Million.
UK Financial Regulator Reveals: 1.9 Million British Adults Own Cryptocurrencies
The Financial Conduct Authority (FCA) in the UK reported that 1.9 million adults own cryptocurrencies, representing 3.86% of the general population. The regulator also noted that 75% of them hold crypto worth less than £1,000, approximately $1,230.
British Farmer Attempted £1.4M Bitcoin Extortion from Tesco by Contaminating Baby Food
Nigel Wright, a 45-year-old sheep farmer from Lincolnshire, England, has been accused of trying to extort Bitcoin worth £1.4 million, approximately $1.8 million, from retail giant Tesco. He made this blackmail to reveal the Tesco stores he had planted the contaminated baby food.
British University Reveals Blockchain-Enabled Digital Certificate to Water Down COVID-19 Dangers Across Supply Chains
Birmingham City University (BCU) in the United Kingdom is testing the waters with a blockchain-based digital safety certificate to safeguard consumers and suppliers from risks triggered by coronavirus (COVID-19). The digital certificate dubbed the Coronavirus Clearance Certificate (CCC), will be instrumental in reassuring stakeholders across supply chains that goods offered are risk-free.