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Business news
The British crypto and peer-to-peer digital pay firm ePayments has announced that it will close shop just eight months after it claimed it was ready to “re-open for business.” At the end of December last year, the company wrote that it could not “wait to start serving” its clients again after a “huge investment from our shareholders.” The company has been locked in a struggle with the British financial regulatory Financial Conduct Authority (FCA) for the past three years. The FCA claimed that ePayments’ “financial crime controls” were lacking. In an official announcement, ePayments announced that it could “no longer sustain the business to build back to what the FCA requires and a ‘business as usual’ state.” Some claimed on social media that they still had funds locked up in the firm’s platform.
Regulation news
The UAE’...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...