Labour victory in UK elections renews crypto industry optimism
The Labour Party has promised to make the UK a global leader in tokenization.
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The Labour Party has promised to make the UK a global leader in tokenization.
At least one industry leader suggested that crypto policy in the United Kingdom would be business as usual despite the change in government.
The Bitcoin community came to Julian Assanges aid, helping ensure the WikiLeaks founders safe and debt-free return to Australia.
While nothing is assured in politics, the Labour Party has a commanding lead in the polls just six weeks away from the general election.
The former Wall Street and City of London banker is making his second bid to become mayor of London.
From April 26, police can transfer seized illicit crypto to wallets controlled by the authorities, with victims able to reclaim funds from the accounts.
A new UK government report delves into the complex realm of IP issues within the Metaverse, highlighting the lack of consensus on its definition and the IP challenges it poses. (Read More)
On Monday, the crypto clearing house startup Cleartoken revealed that it raised $10 million from strategic investors including Nomuras Laser Digital, Flow Traders, and LMAX Digital. Cleartoken Nets $10M to Launch U.K. Digital Asset Clearing Services The horizontal clearing house for the digital asset market, Cleartoken, revealed that its raised $10 million in order to [...]
The post Cleartoken Secures $10M in Funding to Pioneer UKs First Digital Asset Clearing House appeared first on Crypto Breaking News.
The British government has pledged 100 million British pounds ($124.8 million) in funding to support a task force for the development of “safe AI.”
The European Council has approved updated rules that extend tax reporting requirements to include transfers of crypto assets.
The Bank of England thinks crypto stablecoins and a central-bank-issued "digital pound" might coexist. (Read More)
If the UK Government approves the FCA's plan, crypto businesses from abroad may have to meet additional conditions to advertise to UK clients. (Read More)
The U.K. is hiring a central bank digital currency (CBDC) chief to establish a digital pound. CBDCs promise financial inclusion and lower corporate and consumer expenses. A former Bank of England senior advisor opposed CBDCs. In 2021, 23 million Brits did not use cash, and fewer than 15% of payments are done using cash. (Read More)
A new role, “head of CBDC,” will help the United Kingdom to “explore the case for a digital pound,” although U.K. Bitcoiners would argue that might not be necessary.
The Regulatory Policy Committee thinks the 2021 action is unjustified now. The Department for Business, Energy, and Industrial Strategy funds the committee. The restriction is "red," meaning it's unsuitable. (Read More)
The Royal Mint NFT featured in a series of announcements aimed at making the UK a global crypto hub, with officials saying the NFT is “an emblem” of the approach the UK “is determined to take”. The U.K. government Treasury announced on Monday, April 4th, that it has asked the Royal Mint to create one… More
The post Nifty News: UK Royal Mint NFT, $960k Billionaire Dog rug and Pudgy Penguins appeared first on BTC Ethereum Crypto Currency Blog.
The chief of NCA claimed that coin mixing services offer a layer of anonymity and protection to criminals looking to launder and wash their “dirty” funds.
Every day, people are seeing “live” why sanctions matter. “Everyone is starting to rethink the importance of compliance and crypto.”
A total of 200 crypto firms have applied for the U.K.’s “crypto license,” but tough requirements have forced many to withdraw their applications.
Intensified scrutiny of digital asset ads is a growing trend, but it's not clear if it is inextricable from crypto regulation’s evolution.
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