My Crypto Bank
Future Of Crypto Banking
Blog Updates From cointelegraph
- Here's why Bitcoin might be safe from a global stock market crisis September 19, 2021BTC’s lack of integration with traditional finance and its inability to be forcefully sold to cover financial losses mean the price might not ‘collapse’ if there is a global stock market meltdown.Cointelegraph By Marcel Pechman
- Cardano price dips after smart contract launch, Walmart working with Litecoin is fake news, Coinbase raises $2B from junk-bond sale: Hodler’s Digest, Sept. 12-18 September 18, 2021 Cointelegraph By Editorial Staff
- Bitcoin is great, but real crypto innovation has moved elsewhere September 18, 2021Bitcoin will always be the boss, but the real innovative and groundbreaking developments are happening in layer-2 solutions, DAOs, NFTs with utility and the emerging Metaverse.Cointelegraph By Ray Salmond
- 100 years ago, Henry Ford proposed ‘energy currency’ to replace gold September 18, 2021Bitcoin appears to meet the definition of an energy-backed currency proposed by the famed American inventor during the interbellum period.Cointelegraph By Sam Bourgi
- California named ‘most crypto ready’ US state September 18, 2021Measures such as Google searches, Bitcoin ATM installations and the number of crypto-focused bills were used to tabulate the crypto-ready index.Cointelegraph By Sam Bourgi
Blog Updates From FCA
- OPBAS publishes report on progress and themes from 2020/21The Office for Professional Body Anti-Money Laundering Supervision (OPBAS) has today released its latest reporton progress made in tackling money laundering by professional body supervisors over the past year. The professional body anti-money laundering supervisors of the accountancy and legal sectors (PBSs) have improved in recent years to achieve a level of compliance with the […]FCA
- We confirm periodic review of pension transfers redress guidanceFinalised Guidance 17/9 (FG17/9) sets out how firms should calculate redress for unsuitable defined benefit (DB) pension transfers. When we published FG17/9 in 2017, we committed in the accompanying Feedback Statement to review the guidance at least every 4 years. The purpose of this statement is to: Confirm that we intend to start a periodic […]FCA
- Consumer warning on Northern Provident InvestmentsOn 20 August 2021, Northern Provident Investments Ltd (NPI) entered creditors’ voluntary liquidation. Jason Baker and Geoff Rowley of FRP Advisory Trading Limited (FRP) were appointed as joint liquidators. We believe there is a high risk of scammers trying to take advantage of customers. 23 August 2021 update: We have updated thispage as the firm […]FCA
- FCA publishes Decision Notice against financial adviser for pension transfer advice failingsThe Financial Conduct Authority has published a Decision Notice against Geoffrey Edward Armin of Retirement and Pension Planning Services Limited (In Liquidation) (RPPS). Mr Armin has referred his Decision Notice to the Upper Tribunal where he will present his case. Any findings in the Decision Notice are therefore provisional and reflect the FCA’s belief as […]FCA
- FCA obtains bankruptcy order against Mohammed Maricar following unlawful CFD forex trading promotionOn 25 March 2021, following an application for summary judgment by the Financial Conduct Authority, the High Court ordered Mohammed Fuaath Haja Maideen Maricar(Mr Maricar) to pay £530,000 to the FCA to distribute to victims of an unlawful forex trading business. Mr Maricar was involved with 24HR Trading Academy Ltd in unlawfully promoting and arranging […]FCA