Finance News

UK crypto exchange shuts down over EU law

A UK-based cryptocurrency exchange has shut down because of looming EU regulation. The new law from Brussels – AMLD5 – will force cryptocurrency exchanges to comply with the same regulations as other financial institutions, including submitting suspicious activity to regulators and greater customer scrutiny. Daily Express :: Finance Feed

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Pound Euro exchange rate: GBP/EUR flat after hitting 3-year highs

The pound is trading statically against the euro today following the publication of weak flash PMI data, with GBP/EUR lingering around €1.199. The Pound stormed higher last week on the back of the UK election result and Sterling has largely retained those gains as traders remain optimistic that Boris Johnson will be able to deliver his Brexit deal and get ...

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