News
Could a digital pound accelerate Britain’s growth post-Brexit and retake London’s status as the European financial hub?
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Brexit News
The British Exit, or Brexit, is a term established to refer to the United Kingdom’s decision to leave the European Union after a referendum was held on June 23, 2016. Brexit’s results greatly influenced global markets and the British pound, and prompted changes in the establishment and foreign policy of the UK. Brexit predictions were disproven when 51.9% of the UK’s population voting to leave, with a turnout of 72.2%. Brexit will have both long-term and short-term consequences related to the economy, immigration and higher education of the UK. The positive side of leaving the EU is that the UK has ridden itself of Brussel’s bureaucracy and has gathered more autonomy and opportunities to establish more efficient policies. From this perspective, Brexit is good for Bitcoin, making the UK’s cryptocurrency policies more flexible. On the contrary, the UK won’t be able to participate in EU decision-making as they did at their previous level, which is dangerous given that the EU is the largest destination for exports from the UK.
- Markets News
A mountain of fresh U.S. debt contrasts with a mountain of institutional cash potentially set to flow into Bitcoin thanks to major FOMO.
24069 - News
Bitstamp confirms migration of European clients.
6783 - Expert Take
Many fintech companies chose London because of its strong financial regulation, but how will Brexit affect the industry in Europe and the U.K.?
3474 - News
The United Kingdom has included a mention of the blockchain industry in its pre-negotiation agenda for a Free Trade Agreement with the United States.
2534 - Opinion
By proposing the united regulatory framework for blockchain and crypto spaces, Europe would have a chance to surpass its main competitors: China and the U.S.
2361 - News
The United Kingdom’s financial regulator, the Financial Conduct Authority, is looking to hire a specialist with a cryptocurrency background.
3859 - News
On the eve of the U.K.’s exit from the EU, French crypto hardware wallet firm Ledger has attempted to co-opt the notorious pro-Brexit “Take Back Control” mantra for crypto.
2559 - News
Scammers ask Brits for nearly $2.5 million in Bitcoin, claiming to spend the money to maintain the local economy after Brexit.
3125 - Experts Answer
Will Brexit attract more fintech business to the U.K. or force those that already settled in London to leave England? Experts in the fintech industry answer.
6695 - News
A no-deal Brexit could fundamentally shift Bitcoin’s position in the global economy, according to a blockchain firm CEO.
9825 - News
A political and financial shake-up can act as a catalyst for lawmakers to embrace bitcoin, says Nigel Green.
5875 - News
Barry Silbert claims the recent rise in BTC prices could be linked to the breakdown in trade talks between the US and China.
5325 - News
Hong Kong-based crypto reporter Eric Lam cites Brexit and a Bitcoin ETF joke as possible catalysts for the recent rally in crypto markets.
10099 - Analysis
Financiers and investors fear that a “no deal” Brexit could spell “bust” for Ireland and the nations’ blockchain industry.
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