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2023-5-20 10:13

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Bloomberg Wakes Kraken: Good Fails To Come Of This

Just when you thought the ongoing tit-for-no-tat between the business media and the crypto pages couldn’t get any more entertaining, one of the smaller exchanges has returned fire. Kraken, which was accused by Bloomberg last week of rigging the Tether game, shot back with a blog post that unmasked the technical incompetence that is characteristic of many […] The post Bloomberg Wakes Kraken: Good Fails To Come Of This appeared first on Crypto Briefing.

2018-7-3 00:58


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U.K. Banks Cautioned to Be Conservative with Cryptocurrencies

The Bank of England has warned U.K. lenders to study cryptocurrencies before doing business in the space. While acknowledging the benefits of the underlying distributed ledger, the deputy governor believes the high price volatility and relative illiquidity of cryptocurrencies are good enough reasons why financial institutions need to be careful when dealing with crypto assets.

2018-6-29 21:16


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U.K. Banks Warned to Be Careful With Cryptocurrencies

The Bank of England has warned U. K. lenders to study cryptocurrencies before doing business in the space. In a letter sent out to the financial institutions in the country yesterday, the Bank of England Deputy Governor Sam Woods warned financial companies to take appropriate steps to protect themselves against "exposure to crypto-assets" which he believes are susceptible to "fraud and manipulation, as well as money-laundering and terrorist financing risks.

2018-6-29 18:17