Cryptocurrencies are evolving lightning, with technological innovation and regulatory challenges arising concurrently. This article aims to explore the ever-changing landscape of crypto regulation in the UK. Understanding Cryptocurrency Definition of Cryptocurrency So, what is cryptocurrency? Simply put, it’s a digital or virtual currency that utilizes cryptography for security. Unlike traditional currencies, they operate on…
Bitcoin tends to dominate cryptocurrency headlines, but it’s worth paying attention to competitors like Tether (USDT). The blockchain-enabled stablecoin launched in 2014 and unlike other cryptocurrencies, is backed by an incredibly powerful external reference asset – the United States Dollar. The relationship between USDT and the US Dollar USDT is ‘tethered’ to the…
Q: What is the currency used in London? I see every that the Euro is referenced, but I thought London used GBP? I have never been to Europe before, and I am trying to understand everything, or at a little before I get there Thank you. A: Yes, the currency in London is Pounds Sterling…
Q: What is your best advice on converting currency? Should I do it before leaving the US? When in London where are the best rates available typically? A: I think the rate sterling to dollars is around 1.85 at the moment, which is better for the pound than it has been for some time. So…
Q: can I pay in Euro in London and do I need an adapter for electrical sockets and which voltage do they have ? A: in some of the major shops you can pay in Euro, but most only take sterling. Yes, you will also probably need to bring an adaptor (not sure where you…