Tag : Emmanuel Young

Bitcoin: To Classify as a Currency?

9 months ago / 0 comments

Mark Carney – the Governor of the Bank of England – has said that bitcoin has failed as a currency. Speaking to students at the London Regent University, Carney told students that bitcoin “has pretty much failed thus far on the traditional aspects of money. It is not a store … Read More

Crypto Credit Crunch: Virgin Money Bans Credit Card Customers Buying Cryptocurrencies

9 months ago / 0 comments

Virgin Money said “Following a review of our policies, I can confirm customers will no longer be able to use their Virgin Money credit card to purchase crypto-currencies.” This follows a similar move by Lloyds Banking Group earlier in the month citing concerns that customers are at risk of racking … Read More