A recent Opinium poll has shown that a majority of British financial advisers are not advocates of crypto investing for their clients.
More than 90% of 200 independent financial advisers (IFA) in the United Kingdom who participated in a recent poll by research agency Opinium have indicated negative cryptocurrency sentiments with over a third reporting an increase in cryptocurrency-related inquires from clients since the start of the year.Quoting figures from the poll, Reuters reported on Wednesday that 93% of surveyed IFAs would not recommend crypto investment vehicles to their clients.
The US authorities are becoming seriously interested in crypto, making unreported crypto more dangerous.
The United States Internal Revenue Service classifies crypto as property, meaning you can trigger taxes every time you use crypto to buy something.
The recent Miami Bitcoin 2021 conference has been making the headlines for all the wrong reasons – after a number of attendees tested positive for COVID-19, with some reporting they had been hospitalized with symptoms.
Among those taken ill after the event last weekend were Eric Wall, of Arcane Research, who tweeted that he had been to a hospital for a scan on his lungs
Nayib Bukele. Source: A screenshot, Instagram/nayibbukele
It’s February 3, 2019, and the world’s media is reporting that Nayib Bukele, “the Latin American Donald Trump,” has just swept to power in El Salvador’s presidential elections.
South Korean crypto exchanges are groaning under a new proposal that will prevent them from converting trading fees to fiat currency.
South Korea’s Financial Services Commission has moved to ban cross trading on crypto exchanges in the country.The move is part of a raft of amendments to the country’s Act on the Reporting and Use of Certain Financial Transaction Information.
Spanish media outlets are reporting that the country’s courts have been “inundated” with crypto scam-related cases.
The most notorious of the bunch is an alleged pyramid scheme originating in Tenerife, centering around a firm named Arbistar 2.0.