Uncertainty is affecting what used to be the safer end of the market.
- Senior Lecturer in Business and Commercial Law, Lancaster University
Stablecoins are less volatile, and considered a safer bet than many cryptocurrencies.
Five years after David Cameron was pushing for tighter rules around disclosure of beneficial owners, nothing much has changed.
Operators like BlockFi and Nexo offer rates that are north of 9%.
NatWest and HSBC are restricting customers in their crypto-dealings.
The technology behind Silk Road is still sound, but with the potential for a life sentence it would take faith to deploy them.
Regulating bitcoin and digital currencies is hard, but tackling currency exchanges may be the answer.
Contact Matthew for
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- Location: Liverpool, UK
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