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UK Regulator Bans Crypto ATMs: 'People Should Be Prepared To Lose All Their Money'
Monday, March 14, 2022 - 3:06pm | 362United Kingdom financial regulator Financial Conduct Authority (FCA) has ordered all cryptocurrency automated teller machines (ATMs) — machines autonomously selling cryptocurrency, usually Bitcoin (CRYPTO: BTC) — to be shut down. What Happened: According to data from...
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Freetrade Hones In On Tax-Advantaged Accounts, Long-Term Investors: 'Better Returns'
Friday, February 7, 2020 - 5:43pm | 427Freetrade, a commission-free trading app for stocks and ETFs, has rolled out a new platform targeting long-term investors. Freetrade’s co-founders, Viktor Nebehaj and Adam Dodds, spoke with Benzinga about the platform. What Is Freetrade? Freetrade is a fee-free fractional trading application...
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'A Framework': UK Issues Cryptocurrency Guidance
Thursday, August 8, 2019 - 10:46am | 837The regulatory framework for Bitcoin and other digital assets continues to evolve globally, albeit slowly. The U.K. financial services regulator, the Financial Conduct Authority, finalized its guidance on crypto assets in July, clarifying which tokens fall under its jurisdiction. The...
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London Gold Price 'Fix' May Be Fixed, Say Researchers
Tuesday, March 4, 2014 - 11:32am | 643The benchmark used to set the price of gold in London, known as the gold fix, may have been manipulated for 10 years by banks, according to Bloomberg. Professor Rosa Abrantes-Metz of New York University’s Stern School of Business and Albert Metz, managing director at Moody’s, said in a draft...