Author

Topic: London has been the most popular location for fintech companies, yet... (Read 734 times)

legendary
Activity: 3066
Merit: 1047
Your country may be your worst enemy
I don't see London as a prime location for starting a business because you cannot start small there. You'll need plenty of money to get an office, and to pay workers. Even a secretary is expensive in London. There's money around, no doubt about that, but you'll need to make lots of it right away to cope with your expenses.
sr. member
Activity: 434
Merit: 250
Loose lips sink sigs!
Most popular location in the UK? Europe? Any more details?

Outside of Silicon Valley I could agree that London might be a high fintech location.
legendary
Activity: 2590
Merit: 3014
Welt Am Draht
It'll be interesting to see how this proposed bill pans out. Like many a law, they start off with grand statements and when they actually get down to the nitty gritty they realise they can't actually do fuck all without destroying vast swathes.
newbie
Activity: 45
Merit: 0
london want to promote themselves a central hub for bitcoin and maybe for crypto in general, they are working on regulating it, maybe with something like bitlicence but better, seeing how bitlicens is causing some chaos and confusion(an article is talking about is on coindesk)

The UK bitlicense (if and when it happens) might be worse then the NY one. These kind of actions (forcing companies to implement backdoors in cryptography) do not inspire confidence.

This kind of laws might make the whole idea of some startup worthless.
Big Brother is watching you.... drives me up the wall, WTF?
legendary
Activity: 1918
Merit: 1012
★Nitrogensports.eu★
london want to promote themselves a central hub for bitcoin and maybe for crypto in general, they are working on regulating it, maybe with something like bitlicence but better, seeing how bitlicens is causing some chaos and confusion(an article is talking about is on coindesk)

The UK bitlicense (if and when it happens) might be worse then the NY one. These kind of actions (forcing companies to implement backdoors in cryptography) do not inspire confidence.
legendary
Activity: 3248
Merit: 1070
london want to promote themselves a central hub for bitcoin and maybe for crypto in general, they are working on regulating it, maybe with something like bitlicence but better, seeing how bitlicens is causing some chaos and confusion(an article is talking about is on coindesk)
member
Activity: 602
Merit: 10
God is with us


... some choose to leave, because of the bill which requires that UK companies implement state-mandated
backdoors in all cryptography, and that telecommunications providers retain user data for 12 months.
It gives the government the power of surveillance, and requires startups to hand over information for inspection.
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