LMAX Exchange Group Launches Institutional Cryptocurrency Exchange

LMAX Exchange Group, which operates a UK Financial Conduct Authority (FCA) regulated FX trading venue, has announced today a physical cryptocurrency exchange dedicated to serving only institutional clients. The company says it developed LMAX Digital at the request of its existing clients who asked for a credible, efficient and trusted platform to trade with like-minded … Read more

Japanese Forex Giant GMO to Launch New UK Crypto Trading App

Japanese brokers already dominate the global online retail FX and CFD market by trading volumes. And it now looks like they will try to leverage their country’s receptive regulatory environment to expand internationally with crypto too. The latest example is an app in the UK created by two groups headquartered in Tokyo. Also Read: Bitcoin … Read more

England: Unauthorized Crypto Futures and ICOs are Criminal Offences

In a statement released 6 April 2018, the Financial Conduct Authority (FCA) of England attempted to clarify its jurisdiction in the ever-booming cryptocurrency industry. While acknowledging cryptos are “not currently” regulated by the bureau, crypto futures, contracts for difference (CFDs), options, and initial coin offerings (ICOs) do indeed fall under their purview. Furthermore, crypto firms … Read more

PR: Bank4YOU Announces Receiving Byteball Payments

Bank4YOU keeps a hand on the pulse of the blockbuster market. A young currency Byteball has been added to the existing list of accepted fiat and cryptocurrencies. Top-management places great hopes on this currency and starts working with it among the first, giving its customers the opportunity to make the contribution to ICO campaign along … Read more

Coinbase Granted E-Money License by UK’s Financial Conduct Authority

Coinbase appears poised to increase its global market share for licensed cryptocurrency exchanges. It recently hired a mergers and acquisitions veteran who handled more than 40 deals for Linkedin, signaling its intent to start gobbling up competitors in the industry. Now it’s also established a new legal beachhead in the UK from which it can … 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