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Nicky Morgan: "This unregulated industry leaves investors facing numerous risks.”

The UK Treasury Committee released a report this week in which it sought to regulate the “Wild West” of the cryptocurrency industry in order to protect consumers and prevent money laundering.

China issued a warning against cryptocurrency speculation in its latest effort to stop trading of yuan against digital currencies, even as it continues to support blockchain tech development.
Insurance or Crypto-curency. Image: REUTERS/Toby Melville

Lloyd’s of London has sold its first cryptocurrency insurance policy to Kingdom Trust, a crypto custody services firm based in the United States.

Despite the mild recovery Bitcoin prices experienced in July following two months of declines, the price will continue to grow but not at a rate that will reach 10k by 2018’s close, said a new report.
Representations of the Ripple Bitcoin Etherum and Litecoin virtual currencies are seen on motherboard in this illustration picture

More than 800 digital coins are now worthless, drawing comparisons with the dotcom bubble that burst in 2000, leaving tech stock investors nursing heavy losses.

Since the start of 2018, Bitcoin’s price has crashed several times as a result of several events, including the publication of a recent study into market manipulation.
detail of modern hi tech data server in network center

Blockchain advocates say its promise of data security makes it as an answer to companies' GDPR headaches. Critics warn it could add to them.
Man holds up his mobile phone showing a M-Pesa mobile money transaction page for the photographer at an open air market in Kibera in Kenyas capital Nairobi

The world’s richest people have been quick to criticize bitcoin, but the technology that supports the digital currency could help the world’s poorest get access to financial services.
ETHEREUM (ETH) cryptocurrency silver ethereum coin on the background of the chart

Federal regulators in the United States are examining the nature of Ethereum and are working to decide whether it should be regulated as a form of security within that country.

Regulatory trash-talk and moves to prevent the facilitation of financial crimes and the laundering of money by cyber criminals, has contributed to the tanking price of cryptocurrencies