New British Exchange CryptoMate Opens
Bitcoiners in the United Kingdom have now a new exchange where they can easily buy and sell Bitcoin. CryptoMate is a new exchange platform that provides a fast, secure and easy way to deal with bitcoin in England. CryptoMate is using traditional bank accounts within the UK. However, the exchange is planning to have a big update in the works that will allow them to work with several other foreigner financial institutions to be able to accept customers from all around the world. Trying to comply with regulations. The exchange works much like any other exchange and customers who have not....
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CoinTelegraph spoke to William Thomas, the founder of the UK’s recently launched CryptoMate exchange, who explained why decentralized, peer-to-peer (P2P) exchanges could be the future. CryptoMate is a recently launched cryptocurrency exchange that sells coins directly to customers via instant bank transfer within the UK. Moving forward, however, the company believes that switching to a peer-to-peer model will allow them to offer a much faster and pleasant buying experience to customers. Due to banks taking an “unfriendly” approach to doing business with crypto companies in the UK,....
Bitcoin (BTC) trading volumes against the British pound (GBP) surged to a new high after the Sterling wobbled on Tuesday, prompting market experts to speculate that investors scrambled to dispose of the Pound in exchange for Bitcoin or to profit from arbitrage. The British pound reached a record low against the U.S. dollar, according to data compiled by […]
While global authorities are on their toes, FCA, the British financial watchdog, also remains active due to the risks involved in cryptocurrencies. On Friday, Financial Conduct Authority (FCA) issued a note to highlight unauthorized business companies operating in the UK. The announcement hit the Sam Bankman-Fried-led exchange, FTX, and declared the platform offers service without […]
A Nigerian fintech, Moove, recently secured a $20 million investment from British International Investment (BII). Moove said the funds will be used to democratize access to vehicle ownership in Africa.
Credit Extended Based on Drivers’ Performance and Revenue Analytics
The British development finance institution (DFI), British International Investment (BII), recently said it had invested $20 million in the Nigerian mobility fintech Moove. According to a statement released by the institution (formerly CDC Group), the 4-year structured credit investment is a reflection of....
Coinbase, a leading Bitcoin payment processor and the first licensed Bitcoin exchange in the US, opened an exchange and online bitcoin wallet service in the UK on Tuesday. Coinbase enters one of the financial capitals of the world in the UK as the San Francisco-based company now allows people to transfer from GBP into bitcoins and vice versa. The timing of the announcement is fitting for a couple of reasons. For one, just last month Britain announced it would regulate digital currencies in "constructive" ways, placing exchanges under anti-money laundering and know your customer....