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| June 18, 2018

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London Breed Makes History as New SF Mayor

June 14, 2018 |

San Francisco Supervisor London Breed emerged victorious Wednesday to become the city’s first African-American woman mayor after narrowly defeating a rival who was seeking to become the first openly gay man in the position. It took eight days of counting after Election Day for Breed to build a large enough…
Newser

Dominance of Big Banks in UK Means London Might Miss the Boat on Bitcoin

May 29, 2018 |

Dominance of Big Banks in UK Means London Might Miss the Boat on Bitcoin

London has enjoyed a status of a global financial hub for centuries and served as a pioneer for brand new trading options for decades. However, some fear it is now in danger of getting left behind by the hottest emerging asset class – cryptocurrency. One of the main reasons for this appears to be the dominance of the big banks over the UK economy.

Also Read: Niall Ferguson Tells Bank of England Bitcoin Is Financial System of the Future

Banks Hindering Progress

Dominance of Big Banks in UK Means London Might Miss the Boat on BitcoinDespite having a thriving fintech startups scene, an established trading ecosystem and a leading role in the traditional fiat currencies market, London appears to be missing the boat with regards to the rush of institutional money flowing into crypto finance. Locations such as Tokyo, Chicago, New York and even San Francisco are taking the lead with regards to regulated platforms, OTC and hedge funds, as well as exchange-traded derivatives such as futures. And many people in the industry believe this is mainly due to the outsize influence that the banks have in the City.

“Banks have been unusually strict in dealings with crypto,” Max Boonen, a former Goldman Sachs trader and current CEO of B2C2, a London cryptocurrency market maker, told FT. “It’s nearly impossible to open an account for crypto in the UK. The problem is that in the UK there is a perception that banks have issues with anti-money laundering and decided to be a lot more conservative.” And David Mercer, CEO of LMAX, an FCA regulated FX trading venue which recently announced a physical cryptocurrency exchange dedicated to serving just institutional clients, expects UK banks would only join the market next year. “London is very bank-driven and we see it as being a late adopter,” he explained.

Not Too Late?

Dominance of Big Banks in UK Means London Might Miss the Boat on BitcoinThere are also factors that support London’s position in the crypto market, such as CFD brokers like IG Group and Plus500 achieving success with retail traders as well as Barclays agreeing to open an account for Coinbase. Additionally, there are those that think that the matter is overstated.

“The City of London, taken as a whole, has the collective experience to make considered and forward-thinking decisions. This experience manifests itself in many ways, from the efficiency of trade execution to KYC & AML regulations and from the strength of our legal system to our culture of effective corporate governance. These reasons are why London dominates the international foreign exchange markets, and it is unthinkable that the City will not continue to be a dominant player in crypto markets,” commented to news.Bitcoin.com Nauman Anees, Co-founder of Think Coin, a multi-asset financial & cryptocurrency trading exchange.

Anees added: “London is the dominant player in global financial markets thanks to the strength of its regulatory infrastructure and position as a gateway & conduit between every key global market – and while the crypto markets are novel in many ways, these key contextual advantages still apply. Moreover, events in recent years show the crypto space is one where ‘first mover advantage’ does not apply. Repeated hacks of key exchanges along with the slow pace of international regulation has meant that many ‘early adopters’ have not been positioned to fully develop and grow with the market, meaning that a more cautious approach will likely prove to pay the biggest dividends later. That said, the idea that there is a corporate resistance to crypto adoption in London is misguided. Most of the major investment banks have opened crypto desks, and the ones which haven’t already announced are undoubtedly experimenting behind the scenes.”

How should London ensure that the crypto revolution does not pass it by? Share your thoughts in the comments section below. 


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Now live, Satoshi Pulse. A comprehensive, realtime listing of the cryptocurrency market. View prices, charts, transaction volumes, and more for the top 500 cryptocurrencies trading today.

The post Dominance of Big Banks in UK Means London Might Miss the Boat on Bitcoin appeared first on Bitcoin News.

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TMZ

Meghan Markle’s Extended Family in London Despite No Royal Wedding Invite

May 14, 2018 |

Meghan Markle’s extended family wasn’t invited to the Royal wedding, but that didn’t stop them from jetting off to London. Meghan’s nephew Tyler and his brother, Thomas Dooley, arrived at London Heathrow Airport along with their…

TMZ.com

Young Chef Dies During Hottest London Marathon

April 23, 2018 |

London Marathon organizers say a 29-year-old man died after collapsing near the end of Sunday’s race in the hottest conditions ever seen for the event. Matt Campbell, a chef from northwest England who was a contestant on a reality TV cooking show last year, collapsed after 22.5 miles, or…
Newser

Shanghai and London Stock Exchanges to Be Linked

April 11, 2018 |

China’s central bank chief pledged to expand foreign access to the country’s banking, securities and insurance sectors this year and open a trading link between the Shanghai and London stock exchanges.
WSJ.com: What’s News Asia

PR: ZeroEdge.Bet Casino Opens New Office in London

March 19, 2018 |

ZeroEdge.Bet Casino Opens New Office in London

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.

ZeroEdge.Bet, a start-up that is building a blockchain based online casino network, is expanding its reach and will be opening brand new offices in London. The move was prompted by unprecedented growth of business, ahead of the proposed ICO dates later this year.

The ZeroEdge team are extremely excited to meet fans and followers of the Zero Edge online casino network when their new offices open within the next few weeks. The team, comprising of a range of experts in their respective fields including online gaming, crypto currencies, marketing, support, and much more, have put out the welcome mat for gamblers in the United Kingdom.

“This is a great news for us and our community. We are delighted to have our new office in London. One of the reasons for opening an office in London, was the access to the skilled job market. Blockchain experts, gambling industry executives, marketing gurus are all there. Therefore, will be looking to grow our team to help us with our development on every aspect of the business.” – said Adrian Casey ZeroEdge.Bet CEO

UK gambling market is one of the largest in the world.
United Kingdom gambling market size exceeds £14 Billion Pounds each year. Zero Edge will launch first blockchain based gambling sites in UK market just after ICO finishes and all Zerocoins are distributed publicly.

It is not by coincidence that Zero Edge have chosen London as one of their main centres of operation. Aside from the fact that London is one of the most popular cities in the world, with a vibrant melting pot of global cultures, it also happens to represent one of the largest online gambling markets in the world.

Residents of the UK love to gamble online and do so around the clock at various top online casinos aimed at the UK market. However, up until fairly recently, UK gamblers have been facing the very same problem as gamblers in other parts of the world – playing at online casinos where, quite frankly, the house edge is out of control!

This is another reason why Zero Edge have chosen London to open their cutting edge new offices, to begin to roll out their plan to absolutely upset the entire online gambling industry with their unique 0% house edge concept, a first in online casino gambling (and gambling in general).

What is Zero Edge and How Does It Work?
Zero Edge online casino network is a brand new, revolutionary way of presenting online casino games to gamblers all over the world. While the traditional online casino focuses on making millions and millions of pounds off of your losses, Zero Edge is doing something entirely new. By offering 0% edge games demand is created for Zerocoin, which rises its value. Profits are made not from players loses, but from increased Zerocoin value. This model will disrupt the online gambling industry. Zero Edge casino are able to offer a true, guaranteed 0% house edge, making online casino games truly fair for the first time ever!

Additionally, ZeroEdge will also provide with an opportunity for entities to build and operate their own games on the ZeroEdge platform. This will allow anyone with minimal technical knowledge to run their own games and earn from the increased value of the ZeroEdge token. The game developers will be rewarded in ZeroEdge tokens for their contribution to the network depending on various factors, e.g. the popularity of game, UI/UX levels, etc. This feature will create a highly competitive environment and will ensure a wide variety of available games on the platform

https://tokensale.zeroedge.bet

Contact Email Address
media@zeroedge.bet
Supporting Link
https://tokensale.zeroedge.bet

This is a paid press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

The post PR: ZeroEdge.Bet Casino Opens New Office in London appeared first on Bitcoin News.

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TMZ

Sam Smith Goes in for Heavy Make Out with Boyfriend Brandon Flynn in London

February 25, 2018 |

Sam Smith and his boyfriend, Brandon Flynn, were burning up the UK this weekend in more ways than one … but it was mostly by (tongue in) mouth. Sam and Brandon were spotted out in London Saturday night with Sam’s sister, Lily, taggin’ along. As…

TMZ.com

PR: London Blockchain Startup FarmaTrust Partners with Mongolian Government to Stop Fake Medicine

February 17, 2018 |

London Blockchain Startup FarmaTrust Partners with Mongolian Government

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.

FarmaTrust, a UK blockchain startup and global tracking system has officially signed a partnership with the Mongolian government to pilot a one-year project aimed at preventing the creation and distribution of counterfeit medications. The project will include both governmental and non-governmental parties in Mongolia, including the Specialized Inspection Agency of Tuv Province of Mongolia and the Mongolian e-Government Center NGO.

The pilot project will kickoff in the Tuv Province, a province outside of the capital city of Ulaanbaatar. Immediate tasks include conducting feasibility reports and helping government monitoring and inspection of pharmacies, and pharmaceutical supply chains, including warehouses and retailers.

FarmaTrust CEO, Raja Sharif, explains, “This project is a great multinational collaboration to mix blockchain and other emerging technologies to secure and optimize the pharmaceutical supply chain. Mongolia is a great starting point. With a population of just 3 million, tracking and implementation can quickly scale on the national level. Mongolia is also important as a strategic middle point between Russia and China, two countries that have experienced large amounts of counterfeit medicine in the past.”

FarmaTrust is providing the knowledge and experience in blockchain supply chain tracking with the goal of creating an immutable ledger that can track and secure pharmaceutical supply chains using big data and artificial intelligence. FarmaTrust has received widespread support from major media and organizations interested in helping eliminate the counterfeit pharmaceutical industry that results in over 120,000 deaths per year.

About FarmaTrust:
FarmaTrust is the most efficient global tracking system which provides security to the pharmaceutical companies, governments, regulators and the public, that counterfeit drugs do not enter the supply chain. Our Blockchain based system utilizes Artificial Intelligence and big data analysis to provide the pharmaceutical industry with value added services which allow for more efficient processes and methods as well as a more transparent supply chain. Our system is safe, secure, encrypted and immutable.

Website and Social Media
Web: https://www.farmatrust.io/
Whitepaper: https://farmatrust.io/sites/default/files/whitepaper/FarmaTrust_Whitepaper_v10.pdf
Telegram: https://t.me/farmatrust
Media Contact: bohuse@farmatrust.com

This is a paid press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

The post PR: London Blockchain Startup FarmaTrust Partners with Mongolian Government to Stop Fake Medicine appeared first on Bitcoin News.

Bitcoin News

Activists for Fire Victims Drive 3 Billboards Through London

February 16, 2018 |

Activists for victims of a deadly London high-rise fire have taken inspiration from an Academy Award-nominated film to press for more action by police. Three mobile billboards were driven through the British capital Thursday on behalf of the Justice 4 Grenfell campaign, the AP reports. The group was set up…
Newser

TMZ

Kanye West Settles with Lloyd’s of London in Cancelled Tour Lawsuit

February 15, 2018 |

Kanye West just scored a belated victory by settling his massive lawsuit against Lloyd’s of London, which had refused to pay for the losses he incurred when he cancelled some of his 2016 Saint Pablo concerts after suffering a mental breakdown. …

TMZ.com