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The Bank of England (BoE) has issued a letter to the CEOs of banks, insurance companies, and designated investment firms warning them of the 'reputational risks' of getting involved with cryptocurrencies. The letter, titled 'Existing or planned exposure to crypto-assets,' was written by Sam Woods, deputy governor and CEO of...
Cryptocurrency self-regulatory industry body CryptoUK has given evidence to a Treasury Select Committee and warned the UK government it must regulate the sector or risk missing out “on the biggest technology since the internet.” Yesterday, June 20th, 2018, CryptoUK chairperson and UK managing director of investment platform eToro, Iqbal V....
A group of the U.K.’s leading cryptocurrency platforms are urging the Treasury to regulate the industry in the country. CryptoUK, a self-regulatory body set up to represent the sector, which is made up of eight members, is asking influential MPs to support its proposals to have the market regulated under...

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