Tag: Brexit

Can Brexit Affect Bitcoin?

It was in June 2016 when the UK voted to exit the EU. It was a shocking result and many inventors were left with the uncertainty of how the market will turn out in the next two years. This indeed caused the pound currency to drop from 1.42 to 1.36. What cryptocurrency, particularly Bitcoin, investors were pleased to see was that its price rose. It was that time when the …
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Eurogroup President Jeroen Dijsselbloem: “London Can’t Remain The Financial Capital Of the EU”

Depending on whom one poses the question to, London will either retain or lose its position as financial capital of the world in the coming months. Even though London has one of the most booming economic sectors around the globe, the Brexit vote can easily change that outcome.Eurogroup president Jeroen Dijsselbloem is fairly confident that London will no longer play a role of importance moving forward. Tough Times Are Ahead …
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UK Fintech Investment Numbers Decline By 26% in Q3 2016

There has been a lot of financial talk regarding what the Brexit means, and how it will affect Britain’s economy. Some experts warn that this “depression” spells disaster for the UK’s fintech sector, as investment numbers have been dwindling in Q3 of 2016. British start-ups have a harder time securing funding, and it looks like this trend will spill over into Q4 2016. UK Fintech Sector Takes A Blow Do …
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Lack of Brexit Transitional Deal Can Cripple The UK Economy

In the political sector there is a lot of talk about the Brexit, yet again. Despite the dice being cast several months ago, there is still no resolution in sight. Experts are now expressing their concern over how a Brexit without a transitional deal could cripple the UK economy. This seems like an odd statement, considering that there are rumors about reverting the Brexit decision if possible. The UK Needs …
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