FTSE 100 Sweats as UK Faces £92 Billion Brexit Recession Bomb

The FTSE 100 was on a knife-edge on Tuesday morning, swinging in and out of the red in the first hour of trading. The UK stock market index took a hit as the full financial impact of a no-deal Brexit begins to take hold. The Institute for Fiscal Studies (IFS) warned that government borrowing would […] The post FTSE 100 Sweats as UK Faces £92 Billion Brexit Recession Bomb appeared first on CCN.com

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Bitcoin Cash Clash: Craig Wright Whiffs in Suit Against Ex-Pal Roger Ver

Craig Wright’s legal campaign continues to experience turbulence, with a UK court dealing a devastating blow to the self-declared Bitcoin creator’s quest to use the strong arm of the law to unsully his less-than-stellar-reputation. The self-proclaimed “Satoshi Nakamoto” launched a libel lawsuit against Roger Ver after Ver taunted him by calling him a “fraud” – a […] The post Bitcoin Cash Clash: Craig Wright Whiffs in Suit Against Ex-Pal Roger Ver appeared first on CCN Markets

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British MP Says Blockchain Technology Can Save UK £8 Billion

Conservative member of the British Parliament Eddie Hughes has said that the British government needs a Chief Blockchain Officer to enable social freedom, increase efficiency and rebuild societal trust. In a report issued today entitled ‘Unlocking Blockchain,’ MP Hughes  made a number of other recommendations including an international blockchain competition to encourage talented blockchain developers and The post British MP Says Blockchain Technology Can Save UK £8 Billion appeared first on CCN

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UK Financial Regulator Launches 24 Cryptocurrency Investigations

The United Kingdom’s Financial Conduct Authority, the country’s markets watchdog and financial regulator, has confirmed that there are 24 investigations pending of cryptocurrency businesses, according to Citywire. The FCA, in response to a Freedom of Information query, acknowledged that seven whistleblower reports were pending with regard to cryptocurrency operations thus far this year. The regulator The post UK Financial Regulator Launches 24 Cryptocurrency Investigations appeared first on CCN

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