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British Pound Taps All-Time Low Against US Dollar Following BOE’s 50bps Rate Hike

British Pound Taps All-Time Low Against US Dollar Following BOE’s 50bps Rate HikeThe world’s oldest fiat currency, the British pound sterling, slid to an all-time low against the U.S. dollar at a little after 1 a.m. (ET) Monday morning. At the time, the pound tapped 1.0327 nominal U.S. dollars per unit, but rebounded against the greenback to 1.0775 by 11 a.m. Monday morning. Pound Sinks Against Greenback […]

BRICS Unmoved by Trump’s 100% Tariff Threats, Says Russian Envoy

Euro Taps a $0.973 Low Against the US Dollar, Analysts Claim British and EU Currencies Are Trapped in a ‘Doom Loop’

Euro Taps a alt=On Friday, the official fiat currency of 19 out of the 27 member states of the European Union (EU), the euro, plunged to a low of $0.9732 against the U.S. dollar. The drop comes at a time when fiat currencies like the yen, yuan, and pound have struggled against the greenback during the past six […]

BRICS Unmoved by Trump’s 100% Tariff Threats, Says Russian Envoy

Britain and US Will Cooperate on Crypto Regulation, Says Head of Financial Conduct Authority

Britain and US Will Cooperate on Crypto Regulation, Says Head of Financial Conduct Authority

The Financial Conduct Authority (FCA) says the United States and the United Kingdom are collaborating on crypto asset regulations. FCA chief executive Nikhil Rathi says the two countries decided to strengthen ties on the regulation of crypto assets following bilateral talks weeks ago. “Separately, the UK and US also held talks as part of the […]

The post Britain and US Will Cooperate on Crypto Regulation, Says Head of Financial Conduct Authority appeared first on The Daily Hodl.

BRICS Unmoved by Trump’s 100% Tariff Threats, Says Russian Envoy

Bank of England Hikes Bank Rate to 0.5%, Governor Andrew Bailey Hints at Wage Restraints

Bank of England Hikes Bank Rate to 0.5%, Governor Andrew Bailey Hints at Wage RestraintsThe Bank of England (BOE) raised the country’s benchmark bank rate from 0.25% to 0.5% this week in order to curb rampant inflation. “We face a trade-off between strong inflation and weakening growth,” the British central bank’s governor Andrew Bailey told the press. Furthermore, when asked by a BBC reporter if BOE members were urging […]

BRICS Unmoved by Trump’s 100% Tariff Threats, Says Russian Envoy

Survey Shows 64% of Britons Believe Crypto Is ‘Not a Safe Investment,’ Respondents Think Ethereum Is a Drug, Cardano Is Cheese

Survey Shows 64% of Britons Believe Crypto Is ‘Not a Safe Investment,’ Respondents Think Ethereum Is a Drug, Cardano Is CheeseWhile there’s a lot of hype surrounding digital currencies like bitcoin, a great number of people are still confused by the crypto economy and the myriad crypto assets that exist. One study shows that some people think Ethereum is a drug, while others think Cardano is a cheese. Traders of Crypto Surveys Hundreds of Britons, […]

BRICS Unmoved by Trump’s 100% Tariff Threats, Says Russian Envoy

Police Set New UK Record Seizing £180 Million Worth of Cryptocurrency

Police Set New UK Record Seizing £180 Million Worth of CryptocurrencyBritain’s Metropolitan Police have seized a staggering £180 million in cryptocurrency as part of a money laundering investigation. The announcement comes just weeks after Scotland Yard confiscated £114 million in crypto, breaking the previous record. UK Police Discover £180 Million in Crypto Linked to Criminal Transfers Law enforcement officials in the U.K. have announced the […]

BRICS Unmoved by Trump’s 100% Tariff Threats, Says Russian Envoy

Scotland Yard Seizes Record £114 Million in Cryptocurrency

Scotland Yard Seizes Record £114 Million in CryptocurrencyBritish police have carried out U.K.’s largest crypto seizure to date. Detectives working on a money laundering case found a staggering £114 million worth of cryptocurrency in a suspect’s account. Scotland Yard vowed to continue the investigation. UK Makes One of World’s Largest Crypto Seizures Acting on intelligence about the transfer of criminal funds, specialist […]

BRICS Unmoved by Trump’s 100% Tariff Threats, Says Russian Envoy

UK Regulator Extends Temporary Registrations Regime as Crypto Firms Fail to Meet AML Rules

UK Regulator Extends Temporary Registrations Regime as Crypto Firms Fail to Meet AML RulesMany companies operating with cryptocurrencies are not meeting anti-money laundering regulations, the U.K.’s Financial Conduct Authority revealed. The government agency has extended its temporary registration scheme after facing a growing number of crypto firms that are withdrawing their applications. FCA Extends Temporary Registrations Regime Till End of March 2022 The Financial Conduct Authority (FCA) announced […]

BRICS Unmoved by Trump’s 100% Tariff Threats, Says Russian Envoy