Many Brits Confuse Cryptocurrency with Something Else

According to a new poll, many British people have little or no idea what cryptocurrency really is. Terms like “blockchain” sound familiar, but often in completely different contexts. The authors of the study have compiled a “Techionary” to acquaint the public with some common acronyms and buzzwords. Also read: Financial Professionals Bet On Rising Cryptos, … Read more

British Man in Amsterdam Allegedly Laundered €11.5m in Bitcoin Drug Money

A UK man living in Amsterdam is facing up to five years in prison for allegedly helping people by exchanging fiat cash for bitcoin which was used to buy drugs. He supposedly started by growing cannabis himself but soon found the bitcoin business to be more profitable by itself.   Also Read: US Navy Investigators … Read more

Half of Large British Businesses Hold Stockpiles of Cryptocurrency

A new poll of IT mangers at large UK businesses found that exactly half keep stockpiles of cryptocurrency for various reasons. Unlike what some might imagine, only a very small fraction of the companies that are holding bitcoin claim to be doing so as preparation for a ransomware attack. Also Read: Coinbase Develops Bitpay Competitor … Read more

The Satoshi Revolution – Chapter 4: Is Privacy Possible in the Digital Era? (Part 3)

Recent inventions and business methods call attention to the next step which must be taken for the protection of the person, and for securing to the individual … the right “to be let alone” … Numerous mechanical devices threaten to make good the prediction that “what is whispered in the closet shall be proclaimed from … Read more

Some UK Mortgage Lenders Refuse to Serve Bitcoin Investors

British bitcoin investors trying to use their earnings to buy real estate are facing difficulties in securing loans from mortgage lenders. Several building societies refuse to work with them even after they converted the cryptocurrency to fiat and provided a paper trail for its origins. Also Read: Pineapple Will Match up to $4M in Bitcoin … Read more

UK Garbageman Now Accepts Bitcoin Payments

In order for a commodity, bill or any other type of financial instrument to be considered a true currency it must be accepted as such by all members of society. A recent indication that this is the state bitcoin is entering comes from the UK where a local garbageman is now welcoming payments in the … Read more