Seven major crypto companies operating in the UK have announced the formation an independent cryptocurrency trade body. The group, Crypto UK, has stated that its principal aim is to “improve industry standards and engage policymakers.”
Also Read: Independent Ratings Agency Alerts Investors About Dangers of Tether
Leading Cryptocurrency Companies form Crypto UK Trade Body
Seven leading cryptocurrency companies operating the UK have formed an independent trade body tasked with developing self-regulatory standards for the cryptocurrency industry, in addition to “engag[ing] policymakers.”
The members of Crypto UK are Coinbase, Etoro, Cex.io, Blockex, Commerceblock, Coinshares, and Cryptocompare – comprising trading platforms, exchanges, asset managers, merchants, comparison websites, and intermediaries from the cryptocurrency sector.
“Regulation is Imminent”
The Crypto UK chairman and managing director of Etoro, Iqbal Gandham, described the trade body’s mission as “promot[ing] best practice and to work with government and regulators,” emphasizing his hope that the group can develop “the blueprint for what a future regulatory framework will look like.”
The CEO of Coinbase UK, Zeeshan Feroz, stated that the “fundamental” goal of Crypto UK is to “engag[e] as a single industry with the government,” adding that “Regulation is imminent and that’s a good thing.”
Crypto UK has issued a code of conduct outlining the principles by which its members are expected to adhere. The code of conduct emphasizes the need for members to operate with transparency and in full adherence to UK regulatory requirements, in addition to making practical propositions with regards to the management of customer funds.
Cryptocurrency Sector “Severely Misunderstood” by Regulators
Crypto UK has stated that it seeks to “raise understanding of the sector at a time of significant growth in popularity,” emphasizing the need for pressure to be placed on government “to introduce appropriate regulation to protect consumers and business certainty, [whilst] allowing the sector to flourish in the UK.”
Mr. Gandham described the cryptocurrency industry as being “severely misunderstood” by mainstream institutions. “That’s why Crypto UK has been established,” Mr. Dandham said, “to promote best practice and to work with government and regulators to ensure that the UK benefits from the exciting potential of this international technology.”
What is your response to the formation of Crypto UK? Share your thoughts in the comments section below!
Images courtesy of Shutterstock
At news.Bitcoin.com all comments containing links are automatically held up for moderation in the Disqus system. That means an editor has to take a look at the comment to approve it. This is due to the many, repetitive, spam and scam links people post under our articles. We do not censor any comment content based on politics or personal opinions. So, please be patient. Your comment will be published.
The post Seven UK Companies Form Cryptocurrency Trade Body appeared first on Bitcoin News.
from Bitcoin News http://ift.tt/2EuCOqU
Great article on Cryptocurrency Trading. Nice blog you have here, congratulations on the effort to build it, some of the topics provided contains valuable information on Cryptocurrency.
ReplyDeletePrimeICO is an independent research group focused on blockchain technology and cryptocurrency. Our goal is to provide high quality and objective fundamental analysis in investing in ICO and cryptocurrency. 🚀 Website https://primei.co/ Our content is based on our own research, analysis and personal opinion. We'll be posting our reviews on different ICOs. We are not paid or mandated to do any of our reviews.
ReplyDeleteFollow us Socialy:-
📢 Broadcast channel: https://t.me/primei_co_ANN
💬 PrimeICO Community: https://t.me/primeico_community
Twitter: https://twitter.com/Primeico 🚀 http://primeico.co/
::: Sygnia ::: The Pioneer of the New Cryptography Ecosystem. https://sygnia.io/ Sygnia Cryptocurrency Exchange will Launch 06th of Aug 2018
ReplyDeleteCoinLiveRate is a cryptocurrency pro listing site with price information and news via the blog. coinliverate.pro-Cryptocurrency Market Capitalizations and Live Price Chart, Coin Live Rate We supply fast and reliable price information. We currently list about 1506 cryptocurrencies and our platform is connected to more than 100 cryptocurrency exchanges and over 7000 cryptocurrency markets. All prices are denoted in BTC and in 13 differnt fiat currencies: USD, EUR, CNY, GBP, RUB, CAD, JPY, HKD, BRL, IDR, AUD, KRW, INR, TRY and ZAR. Further the site includes rich content on each coin.
ReplyDeleteSafe and anonymous cryptocurrency trading for cash, international crypto to cash transfers, Cryptocasher - Cryptocurrency trading for cash backed by escrow service guaranteed by thousands of escrow services woldwide. Pre-sale coming soon.
ReplyDeleteyoutube video explainer https://www.youtube.com/watch?v=pMxpfR34Q1c&t=2s
Telegram link https://t.me/joinchat/HhG9ZUYxckNNCuIYTAa6YQ
ANN
Chain-Pool is a hyper-efficient cryptocurrency mining pool and our first public project at ChainTerra. ChainTerra – Leading The Future In Cryptocurrency Mining By switching to mining on a Chain-Pool node you can earn up to 3x the profits of standard pools. Make the easy switch today to witness the efficiency of Chain-Pool for yourself
ReplyDeleteTrade with the leaders - GoGet Crypto provides you innovative Trading Account with a multi-cryptocurrency offer. GoGet Crypto Everything is in one place now! Plus you will get extra bonuses to make your trading much effective. Discover the New World of Bitcoins! If you want to get rich fast, you must stop looking for old-fashion methods! Join the whole world and invest in new currencies – cryptocurrencies!
ReplyDeleteCrypbot is a automated Crypto Trading Bot ► http://crypbot.pw/ It uses a lot of individual strategies that are completely customisable to fit your trading style. Crypbot works on Binance, Poloniex and Bitfinex. ✅ It's absolutely free!
ReplyDeleteMyTopExchange is a top cryptocurrency exchange in Nigeria bitcoin exchange in nigeria Buy and Sell bitcoins and cryptocurrencies in Naira
ReplyDeleteNULS - Null Is Nothing, Nuls Is Everything. ADAPTABLE BLOCKCHAIN FOR ENTERPRISE SOLUTIONS https://nuls.io/ Nuls is a highly customizable blockchain infrastructure, most modules of which are pluggable. Nuls enables companies to customize different side-chains to support different applications.
ReplyDeleteWall Street Rebel: https://wallstreetrebel.com/ Dedicated to delivering institutional-quality market analysis, investor education courses, news, and winning buy/sell recommendations - 100% FREE!
ReplyDeleteSebastian Kläy Lives and works in Bern. In 2012, he graduated from the "Academia Teatro Dimitri" in Ticino and finished the Master in Expanded Theater & Performance at the Bern University of the Arts in 2015. https://www.sebastianklay.ch/sebklay-assets He is a founding member of the theater group "BOBOK", with whom he won the Gemini D'Oro at the Roma Teatro Festival for the best production and the special price Sofie Amendolea. In 2013 he received the Marta Award at the Brno Encounter Festival in the Best Male Actor category. He has been a guest performer with the 400Asa group and regularly plays in various films and stage plays. The movement of the body and its performative language is its field of research. His work is imaginative and characterized by a surreal movement technique.
ReplyDeleteGibraltar Crypto Currency (QRG),opens at $22.00 on the QRG on the IDCM.io Exchange 👉 QRG Stamps
ReplyDelete#QRG_Stamps #GibraltarCryptoCurrency
OecoSystema provides a marketplace for the exchange of goods and services for low-income people in developing and developed countries. https://oecosystema.com/ A fairly distributed utility token for payment overcomes the lack of money in the economies of the poor. OecoSystema enables both online transactions through the app’s wallet, as well as SMS transactions with cell phones. Cell phone users are registered through a network of local agents.
ReplyDeleteEthereum Sweepstakes Lottery - Billion Dollar Lottery Jackpot https://ethereumsweepstakes.io/ Play to win 1,500,000 ETH and Earn Profit Sharing Tokens for worlds first smart contract secured blockchain sweepstakes. Only 3 weeks left to participate.
ReplyDeleteRevolutionary Cryptocurrency Locker - https://minerlock.com/ that can be used to protect your downloads, files, links, products, apps, and any other content you have available bitcoin locker.
ReplyDeleteBitcoin Loophole App the #1 automate trading software for bitcoin and other currencies. Open 100% free account. Create your trading strategy & make profits.
ReplyDeleteWebsite ► https://www.bitcoinloophole.app/
► bitcoin loophole
► bitcoin loophole app
► bitcoinloophole
Earn Passive Income in US Dollars while you sleep - http://www.bitcoinorganisation.com/
ReplyDeleteInstant match ups and payments every 3 days, if you choose to refer members using your referral code you will be paid 20% of their investment every week for up to 6 months.
Interest is set at 20% and payouts happen every 3 days with the maximum payouts are set to $3000.
Free marketing material will be supplied to you should you wish to earn more (up to 50% every 3 days).
Beat the forefront of the Bitcoin earning front before the price rises again.
Weekly Bonus cash prizes will be available to the best performing members.
Become an employee and earn a weekly salary.
Sound Money Coin - The hardest money always wins. http://www.soundmoneycoin.io/ Sound Money Coin is a provably scarce resource that is immune to social consensus. Adoption of Sound Money Coin will prevent societal collapse and allow human civilization to flourish.
ReplyDeleteaccessprofits.com staff has experience of more than 10 years in stocks, currencies, bonds, commodities, energies, raw materials and mutual funds. We have people from all over the world who are experienced in their relative field and help our trader in analysis forex market trends.
ReplyDeleteWebsite- https://accessprofits.com/
After investing with us you get access to current statistics on your money, help by consultants 24/7, and safety at the highest level.FSI is a secure investment project, designed specifically for people want to get reliable and profitable source of real net income. We worked as the largest British listed companies. We have enough funds of more than 5 million and its increasing day by day.
Receive Bitcoins for Ever with a Low Investment
ReplyDeletehttps://bitcoins4ever.io/
First self-sustainable investment web in the world, 10% Referral Commission, Referal Contest and more!
Bitcoin and cryptocurrency - newsbitco
ReplyDeleteNewsbitco publishes comprehensive news not only on the latest bitcoin trends but also on the major developments in the cryptocurrency market as a whole.
visit - https://newsbitco.com/
Redeem your invite code and Start your bitcoin journey Click here to Visit It,s never too late to get started
ReplyDeleteWhatever your job is to get your GIFT, don't miss out on the opportunity (until 31/12/2019), a global project, to get FREE and without obligation click here to visitONLY by confirming your registration of 200 cryptocurrencies! )
ReplyDeleteAllcoinhodler is a Non-Ponzi organization that offers an intuitive interface with real time orderbooks, charting tools, investment history, and a simple order process so you can investment from day one Click Here Our Websocket feed lets you easily gain access to real-time market data, while our investment API lets you develop secure, programmatic investment bots.
ReplyDeleteCrypto Generator Web/App is a free online software that endorse and authenticate the process of mining the Coin cryptocurrency. It uses a peer-to-peer encryption & cryptography system to mine the needed amount.This application adds Coins to your wallets account. All you have to do is chooose your coin to enter your wallet address. Choose the desired amount and click on the "GENERATE" button.
ReplyDeleteVisit The Link: https://multicoinminer.fund/
and this is the tutorial : https://www.youtube.com/watch?v=mn8jP_4ojUs&t= i
World,s First Self Destructing Stakig Token
ReplyDeleteVisit The Link:https://t.me/aftershock_token
We offer prepaid virtual Visa and Mastercard bank cards that enable you to pay anonymously for different goods and services online. We work internationally, so you can purchase Virtual prepaid cards wherever you are in the world and use them to pay online at any website that accepts Mastercard or Visa prepaid cards.
ReplyDeleteBuy Virtual cards with bitcoin and enjoy the same benefits of a plastic card
Click to visit: https://www.mysmartprepaidcard.com/
BTCWATCH is proud to be the first German online luxury watch boutique to offer only Bitcoin payers and to offer the crypto community original and unique luxury watches of the highest quality. Our full collection of watches and jewelry can be purchased with Bitcoin. Of course, we are also buying well-preserved watches such as. Rolex watches interested. So if you would like to separate yourself from your piece of jewelry, do not hesitate to write to us using our contact form. We will be pleased to make you a non-binding offer.>>>>>>>>>>>>>>>>
ReplyDeleteClick Here To Visit: btcwatch.net
Win up to $200 in Bitcoins every hour, no strings attached! Multiply your bitcoins, free weekly lottery with big prizes, 50% referral commissions and much more!
ReplyDeleteClick Here To Join Now : https://freebitco.in/?r=8261246
CLICK HERE TO VISIT:
ReplyDeletehttps://doubler.to/a/K7G82aWbXk25ndd?utm_source=Fiverr&utm_medium=promotion&utm_campaign=fiverrpromotion
KawBet players can now earn bitcoin by inviting players
ReplyDeleteBitcoin anonymous crypto casino & sportsbook company Kawbet.com woud like to invite you to participate the KAWBET affiliate program or player referral incentive program at partnerskawbet.com
Kawbet partners video guide
KawBet Partner Affiliate Tutorial
How it works?
You refer players to us using a unique registration link, your players register using your link and you get fixed 40% from their gaming revenue.
How much can i earn?
This offer will give you the opportunity to earn a minimum of 0.001-5 BTC per month if you just perform the basic online promotions or spend at-least 2 hours a day promoting your link/promo code and inviting players from your website, videos, social, review or any creative online sources.
How can i start?
If you're interested please create an account at partnerskawbet.com and send an email to partners@kawbet.com for account activation you may also contact the 24/7 live support at https://kawbet.com/
-- https://kawbet.com/
Now Join and Bhonush : https://www.spend.com/
ReplyDeleteSpend enables users full access to a banking platform.
ReplyDeleteFrom a Digital Mobile Wallet to a Spend Visa® Card. Manage and Spend your funds, your way.
Now Join and Bhonush : https://www.spend.com/
A digital token, backed by physical gold. Pyrrhos Gold Token (PGOLD) is a digital asset, a cryptocurrency. Each token is backed by physical gold, stored in secure vaults all over the world. If you own PGOLD, you own the underlying physical gold, held in custody by Pyrrhos Trust Company. You can exchange your tokens (PGold) for real physical gold and have it sent to you at any time.
ReplyDeleteClick Here To Link: https://backed-by-gold.com/
HUGE BULLISH NEWS FOR BITCOIN AS FED CREATE DIGITAL DOLLAR!! BREAKOUT COMING!!
ReplyDeleteIn today’s video, crypto jack is going to be taking a look at the Bitcoin price and huge bullish news for Bitcoin actually coming out. he is going to talk about the Fed admitting that they’ve got an infinite amount of cash and what that means for the Bitcoin price.
https://www.cryptosharks.net/urgent-news-for-bitcoin-as-fed-create-digital-dollar-breakout/
Fxsurge brings to you an exciting opportunity to make money through cryptocurrency mining investments . Are you ready to dream big and hit the jackpot? Then come, be a part of Fxsurge mining. We deliver experienced and specialist services to our investors and make sure they stay up-to date. We offer a niche platform, which allows Bitcoin resource owners to invest online.
ReplyDeleteClick here to link: https://fxsurge.com
ReplyDeleteCoronavirus 2020- Financial Market Crisis
The Coronavirus pandemic has caused a financial market crisis in 2020. Learn the impact of Coronovirus on the financial markets with Platinum Trading Academy.
https://www.platinumtradingacademy.com/coronavirus-financial-market-crisis/
#coronavirus #financialmarketcrisis #learntotrade #onlinetrading #forextrading
Thelovechain -A decentralized social media platform for love
ReplyDeletehttps://thelovechain.io/
Social Media & Blockchain: A New Beginning
Technology has made the world a better place, connecting people from all around the world. Today, technological
innovations such as social media have become a “basic need” with the average person using such platforms at least
once a day…
#thelovechain
Read More:- https://www.platinumcryptoacademy.com/press-release/the-link-between-blockchain-technology-
and-social-media/
Best ways to trade
ReplyDeleteCoinfinax is offer stable, lucrative and timely payouts, safety of our clients’ funds and protection of their personal information. Cooperation with Coinfinax Investment is the key to your financial freedom and impressive results of earning.
We also trade on Cryptocurrency market, it is the most popular market today. Cryptocurrency is a real economic breakthrough that revolutionized the world of electronic currencies and formed a unique and invulnerable monetary system. Millions of people around the world are engaged in the improvement of digital currencies and investing in cryptocurrency. Years of practice brought not only experience, but also accurate knowledge about how best to use available skills to achieve predictable high yields with minimum risk by investing high-tech solutions. Our team also includes specialists who are experts in evaluating new private businesses called fintech start-ups which have most chances to grow into large-scale and highly profitable enterprises. Fintech companies are easing payment processes, reducing fraud, saving users money, promoting financial planning, and ultimately moving a giant industry forward. These days you can find fintech permeating every corner of our industry, changing the way people do research, get loans, manage money and invest. And it doesn't look like that trend is going to stop. Part of what makes fintech so fascinating is not just that it's bringing much-needed change to our industry, but the way it's making life easier for everyday investors. Team of Coinfinax Investment consists of specialists from different professional fields. To achieve the desired financial effect we combine the efforts of experienced market traders, financial analysts, internet marketers, programmers, professional managers and experts in evaluating new private businesses called start-ups
Click Here To Link : https://www.coinfinax.com
Cryptonaire Weekly134th edition
ReplyDeleteThe #1 CRYPTO TRADING MAGAZINE
Bitcoin is getting ready for an explosive move
Most major cryptocurrencies are range-bound and are looking to Bitcoin for direction. If Bitcoin rises above $10,500, altcoins are likely to follow higher.
#crypto #bitcoin #cryptocurrency #blockchain #btc #ethereum
https://www.platinumcryptoacademy.com/past-weekly/9th-june-2020/
Latest Free-to-play game and win real prizes
ReplyDeleteMain Game Feature
📆 Daily Quest Rewards
💎 Diamond Mining
🎰 Lucky Diamond
🏅 Tycoon League
How to play?
1️⃣ Go to 💵 Buy -> Buy Properties
2️⃣ Go to 🏘 Properties -> Collect Cash every hour
3️⃣ Go to 🏦 Bank -> Convert to Diamonds and Tycoon Tokens.
4️⃣ Go to 🏧 ATM -> Exchange Tycoon Token for Bitcoins
Why play Telegram Tycoon?
🎮 Real cash prizes and other redeemable rewards
🎮 Free to play, forever
🎮 Easy to understand 1-level referral system
🎮 Streamlined interface and easy to use
🎮 Automatic deposit and withdrawal system
🎮 No contract binding, ever
Start playing for free today and win real prizes! - http://t.me/teletycoon_v1bot?start=1