Search Results for: Allen
Bitcoin could be overseen by UK’s financial regulator
December 21st, 2018
The UK government has said it stands ready to empower Britain’s financial regulator to oversee all cryptocurrency assets, after a warning from MPs that bitcoin and other cryptocurrencies were “wild west” assets that exposed consumers to a host of ...
Bitcoin jumps 11%
December 18th, 2018
Bitcoin staged a minor recovery on Monday, finally topping the $3,400 level after weeks of pain. The cryptocurrency has nosedived by more than 80 percent from the all-time high hit exactly a year ago. On December 17, 2017 bitcoin ...
Pound stuck near 20-month low as UK gov’t rules out second Brexit referendum
December 18th, 2018
The pound languished near 20-month lows on Monday, with reports that more politicians are calling for a second Brexit referendum doing little to force the currency out of a narrow trading range. With British Prime Minister Theresa May facing ...
Price of bitcoin falls below cost to mine
December 17th, 2018
To add further misery to bitcoin enthusiasts, the act of finding or “mining” the cryptocurrency has become unprofitable as the price continues to crater. This raises further questions about the viability of the accounting system supporting the cryptocurrency. The ...
Tackling mental health in law firms
December 14th, 2018
Recent news that the head of global law firm Baker McKenzie, Paul Rawlinson, is taking temporary leave due to exhaustion raises the question of whether law firms are doing enough to support the wellbeing of their employees, says Averil ...
Tax revenues in advanced economies have continued to increase; OECD research
December 11th, 2018
Tax revenues in advanced economies have continued to increase, with taxes on companies and personal consumption representing an increasing share of total tax revenues, according to new OECD research. The 2018 edition of the OECD’s annual Revenue Statistics publication ...
Penalty of $11 Million imposed for fraudulent commodity pool trading schemes
December 11th, 2018
The Commodity Futures Trading Commission (CFTC) announced an Order of default judgment and permanent injunction has been issued against defendants Scott Allensworth (d/b/a Capital Growth Group Associates and Cobra Development Group LLP), of Newhall, California, and his California company ...
Pound falls further after Brexit vote delayed
December 11th, 2018
The pound’s fall has accelerated after the prime minister confirmed she would defer the vote on her Brexit deal. It had already fallen 1% earlier on reports of the delay, but fell further as Theresa May addressed Parliament. Sterling ...
Why China should remove all trade tariffs
December 10th, 2018
I am a Tariff Man. When people or countries come in to raid the great wealth of our Nation, I want them to pay for the privilege of doing so. It will always be the best way to ...
Bitcoin price recovers 12% in 72 hours while traders remain cautious in short-term
December 10th, 2018
Since December 8, the Bitcoin price has increased from $3,210 to $3,588, by just about 12 percent against the U.S. dollar. In the same time frame, the cryptocurrency market added $11 billion to its valuation, avoiding a further drop ...
