CRYPTO TALKS

Bitcoin the cryptocurrency, that caused a ‘bull-rush’ and surge of investments in 2017, rose by more than 6 per cent again on Wednesday December, 2020 The value of Bitcoin has reached a record $20,000 after a volatile few years.  The cryptocurrency , which caused a ‘gold-rush’ style surge of investments in 2017, rose by more than 6 per cent on Wednesday to reach $20,632 (£15,283) against the dollar. It has seen a rise of more than 400 per cent this year, after a low point of $3,600 in March . Why has this happened in such a rocky year? Here’s everything you need to know. What is Bitcoin? Bitcoin is the leading digital currency and it has soared in value since launching with a value of less than 10 cents in 2010. The price was fairly stable until 2017, when it rocketed from less than $1,000 at the beginning of the year to come close to $20,000 at the end of December 2017.  Since then the price has fluctuated significantly, but it has been steadily climbing this year. Bitcoin ha

CRYPTO-ASSETS INVESTMENT SCAMS     A fter a series of interactions and one-on-one meetings with Top security agencies and authorities worldwide such as the SEC, FCA, BlackRock, FSA, KPMG, PWC to mention a few, we discovered that consumers are being increasingly targeted by crypto-asset related investment scams in the UK, US, Germany, Sweden, Italy. Financial Asset Management Certain crypto-assets, like Bitcoin and Ether (also known as cryptocurrencies) are not regulated. This means that buying, selling or transferring these crypto-assets falls outside the remit of these financial Assets Authorities. The same is true for the operation of a cryptocurrency exchange. However, some types of crypto-asset products may be or may involve regulated investments depending on their nature and how they are structured. For example, firms that sell regulated investments with an underlying crypto-asset element may need to be authorised to do so. The FCA in particular has previously issued consumer