Ipagoo has gone into administration, according to the Financial Times. The fintech offered users multicurrency accounts with an accompanying debit card, and aimed its services at consumers who make international transfers or travel throughout Europe. It was also the first nonbank to access CHAPS, the clearing house automated payment system that settled around £330 billion ($401 […]
Final Guidance on crypto assets and Security Tokens. The UK financial regulator, the Financial Conduct Authority (FCA) releases its final guidance on the status of crypto currencies, utility and security tokens. E21: UK regulators release ‘Final Guidance’ on crypto assets and states ‘no intrinsic value’!
‘While the market is working well for most of its consumers, the package we’ve announced today should make it less expensive and time-consuming for investors to shop around and move to the platform that best meets their needs. As part of that, we believe it is right that we restrict exit fees, so people can […]
UK Issues Cryptoasset Taskforce’s final report Summary of the cryptoassets task force final report by UK’s HM Treasury, the regulator (FCA) and the Bank of England (BoE) sets the stage for regulation of cryptocurrencies, exchanges and wallets in 2019. To be Subscribe