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UK Bitcoin community reacts to incoming CBDC and digital pound rollout
25.1.2023
A new role, "Head of CBDC," will help the United Kingdom to "explore the case for a digital pound," although UK Bitcoiners would argue that might not be necessary
Why less may be more when building Web3
25.1.2023
To build secure and resilient Web3 systems, transparency alone is not enough. By placing greater emphasis on simplicity, we can make the peer-review of code more effective and minimize security breaches in the Web3 space
How Web3 could revolutionize loyalty programs
25.1.2023
Loyalty programs are great, and many consumers opt for certain brands because of these programs. But they can get better, and blockchain technology can improve
UK gov't is hiring a central bank digital currency lead for Treasury team
24.1.2023
The team lead will determine the “strategic direction” for Treasury’s efforts to develop a digital pound in line with the U.K. government’s agenda
British authorities split on banning sale of crypto investment products
24.1.2023
The policymakers in the United Kingdom got split on whether the sale, marketing, and distribution of derivatives and exchange-traded notes, tied with crypto, should be banned
Ripple CEO: XRP lawsuit resolved by June, SEC conduct 'embarrassing'
19.1.2023
Ripple CEO Brad Garlinghouse said the firm's XRP lawsuit could come to an end within "single-digit months."
90% of businesses adopting blockchain technology, data
12.1.2023
A new survey from CasperLabs found that despite education gaps, enterprise adoption of blockchain technology in the U.S., U.K. and China is set to increase in the next year
UK Treasury Considers Digital Pound, Maintains Crypto Hub Objective
12.1.2023
The U.K. is mulling over launching a digital pound as it remains committed to becoming a cryptocurrency hub, a government representative has indicated. British authorities should also regulate payments with stablecoins, according to the official. United Kingdom Prepares to Begin Consultation...
City of London, British trade groups form new digital currency advocacy alliance
11.1.2023
The UK capital’s governing body is partnering with the Digital Pound Association and other trade groups to promote good crypto policy and practice and the UK’s position as a global financial center
UK MP says stablecoin is a gateway to CBDC, only crypto can ‘disrupt’ settlements
10.1.2023
MP Andrew Griffith and colleagues spoke before a hearing of the U.K. parliamentary Treasury Committee about payments technology and CBDC
UK looks for a crypto crime fighter with a $50K salary
4.1.2023
The United Kingdom’s top crime agency is looking to hire a crypto investigator with experience of identifying and recovering seed phrases
Crypto makes history in 2022: Five instances of governments embracing digital assets
1.1.2023
Even amid the market breakdown and repetitive public attacks on the industry, some of the officials found the courage to embrace the innovation
U.K. includes crypto investments under the Investment Manager Exemption
21.12.2022
The measure should help British funds dealing with foreign investors adopt digital assets in their portfolios
Bitcoin Lightning Network to be used in fiat transfers between EU and Africa
12.12.2022
CoinCorner and Bitnob teamed up to create cross-border transactions between the UK and Europe to Africa via the Bitcoin Lightning Network
UK crypto bill to restrict services from abroad: Report
6.12.2022
The regulatory amendments will broaden the powers of the country's financial regulator and put the crypto industry under tighter scrutiny
How can UK-based businesses accept Bitcoin?
5.12.2022
Through Bitcoin payment processors like BitPay, businesses in the UK can offer BTC as a payment method during checkout
UK bank Starling bans crypto-related purchases and deposits citing high risk
24.11.2022
Starling has banned its customers from purchasing cryptocurrencies with their bank cards or receiving transfers from crypto merchants
UK Law Commission Seeks Evidence on DAOs — Expert Says ‘New Legal Forms Are Required’
19.11.2022
The United Kingdom Law Commission recently asked experts and users to participate in a ten-week exercise whose objective is to help the commission better understand how decentralized autonomous organizations (DAOs) operate. A blockchain expert says the commission’s call shows that the U.K....
UK lawmakers open inquiry into NFT regulation — 'there are fears that the bubble may burst'
4.11.2022
According to the DCMS committee, NFT regulation in the U.K. is “largely non-existent,” with lawmakers planning to assess the assets ahead of a review by the treasury department
Bank of England Hikes Repo Rate by 75bps — UK’s 30-Year Fixed Mortgage Rate Jumps to 7%
3.11.2022
On Nov. 3, 2022, the Bank of England followed the U.S. Federal Reserve by codifying the eighth consecutive benchmark bank rate hike by 75 basis points (bps). The increase brings the United Kingdom’s main lending rate to 3%, after a majority of the Monetary Policy Committee (MPC) members voted...