Search
British Pound Taps All-Time Low Against US Dollar Following BOE’s 50bps Rate Hike
26.9.2022
The world’s oldest fiat currency, the British pound sterling, slid to an all-time low against the U.S. dollar at a little after 1 a.m. (ET) Monday morning. At the time, the pound tapped 1.0327 nominal U.S. dollars per unit, but rebounded against the greenback to 1.0775 by 11 a.m. Monday...
Blockchain infrastructure firm Chain will sponsor New England Patriots football team
23.9.2022
Chain will work to develop Web3 experiences for visitors to Gillette Stadium and Patriot Place by “merging the physical with the digital.”
Bitcoin, Ethereum Technical Analysis: BTC Falls as Global Economic Slowdown Heightens
23.9.2022
Bitcoin was back in the red during Friday’s session, as the token was once again trading below $19,000. The recent decline comes as the global economic slowdown has become more apparent. This week, both the Bank of England and United States Federal Reserve have moved to increase interest...
Web3 Firm Chain Reveals Multi-Year Partnership With the New England Patriots
23.9.2022
The Web3 software solutions company Chain announced the company has partnered with Kraft Sports + Entertainment, the owners and operators of the New England Patriots, New England Revolution, Gillette Stadium, and Patriot Place. Chain details that the multi-year deal will allow the company to serve...
IMF Bailout Could Be in UK’s Future, Says Strategist
8.9.2022
Mizuho Securities’ head of global macro strategies has warned that an IMF bailout may be in the U.K.’s future. Moreover, a former chancellor of the exchequer cautioned that Britain is entering a long and severe recession, emphasizing that it’s “the worst since 1990...
Law Society of England and Wales Tells Members to Be Wary of Bitcoin Use in Transactions
24.8.2022
The professional association compared bitcoin to cash in response to a query from one of its members and flagged the possibility of it being used for money laundering
UK Group to Test Stablecoin Payments, Provide Data to Bank of England
17.8.2022
The Digital FMI Consortium will test cross-border payments and provide recommendations to the Bank of England using its own sterling-backed stablecoin
Bank of England Analysts See Crypto Having Important Roles in the Metaverse — Discuss the Need for Regulation
11.8.2022
Bank of England’s analysts say crypto assets could have important roles within the metaverse. “Widespread adoption of crypto in the metaverse … would require compliance with robust consumer protection and financial stability regulatory frameworks,” they added. Bank...
Soaring Inflation Puts Central Banks on a Difficult Journey
5.8.2022
Tobias Adrian is the Financial Counsellor and Director, and Christopher Erceg and Fabio Natalucci are Deputy Directors at the International Monetary Fund (IMF)'s Monetary and Capital Markets Department.__________...
Read More: Soaring Inflation Puts Central Banks on a Difficult Journey
Bitcoin Debuts in BlackRock & Coinbase Partnership, Meta Rolls Out NFTs to More Countries, Risky Crypto Bridges + More News
4.8.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________...
Read More: Bitcoin Debuts in BlackRock & Coinbase Partnership, Meta Rolls Out NFTs to More Countries, Risky Crypto Bridges + More News
Bitcoin Debuts in BlackRock & Coinbase Partnership, Meta Rolls Out NFTs to More Countries, Risky Crypto Bridges + More News
4.8.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________...
Read More: Bitcoin Debuts in BlackRock & Coinbase Partnership, Meta Rolls Out NFTs to More Countries, Risky Crypto Bridges + More News
First Mover Americas: Bitcoin Unbothered by Bank of England's Super-Size Interest-Rate Hike
4.8.2022
The latest price moves in bitcoin (BTC) and crypto markets in context for August 4, 2022
Bank of England Raises Interest Rate by Most Since 1995
4.8.2022
The Bank of England has raised interest rates by 50 basis points to 1.75%, its biggest single increase since 1995, amidst concerns that U.K. inflation will be significantly above 10% next year
Metaverse Company Condense Raises $4.5 Million to Accelerate VR Streaming Adoption
1.8.2022
Condense, a Bristol, England-based metaverse company that produces technology to allow the streaming of events to virtual reality apps, has raised $4.5 million in its most recent seed round. The round, which was led by Localglobe, 7percent Ventures, and Deeptech Labs, gives Condense funding...
The Battle for the $2 Billion Venezuelan Gold Stash Continues, London Rules in Favor of Opposition Leader Guaido
31.7.2022
Her Majesty’s High Court of Justice in England has determined that the Venezuelan gold stored in the vaults of the Bank of England must be managed by officials of the Central bank of Venezuela designated by opposition leader Juan Guaido. The management of this gold stash, which is comprised...
UK Law Commission Publishes Proposals to Reform Laws Relating to Digital Assets — Says Reforms Must Not ‘Stifle Development’
28.7.2022
According to the Law Commission, the United Kingdom statutory body, digital assets play an increasingly important role in modern society and as such, the law relating to these must be reviewed. Reforming the laws will not only protect the rights of users and maximize the potential of digital assets...
Law Commission for England and Wales proposes reforms for digital assets
28.7.2022
The U.K. Law Commission called for cryptocurrencies and digital assets to be classed as “data objects” in new reforms aimed at fostering growth and legal protection
Law Commission of England and Wales Sees Crypto as a New Type of Property
28.7.2022
The U.K. Law Commission wants to bring crypto and NFTs under the country’s personal property laws, which could protect investors against losses through hacks and scams
Bank of England’s Cunliffe Warns Crypto Is ‘Prone to Collapse’ — Touts ‘Same Risk, Same Regulatory Outcome’
17.7.2022
Bank of England’s deputy governor for financial stability, Sir Jon Cunliffe, has warned that cryptocurrencies are “very vulnerable to sentiment and prone to collapse.” He urged regulators to “get on with the job” and regulate crypto under the principle...
BoE official compares current crypto market regulation to 'unsafe aeroplanes'
12.7.2022
According to Jon Cunliffe, regulators needed to accelerate efforts to find a place for crypto in current frameworks based on the principle of "same risk, same regulatory outcome."