The new regulations would include limits on foreign companies selling into the UK, provisions for how to deal with the collapse of companies and restrictions on the advertising of products, according to the Financial Times. […]
The UK finance ministry is expected to launch a public consultation on the attributes of a digital pound in the coming weeks. However, Britain’s financial services minister Andrew Griffith has stressed the importance of getting […]
The stark message from Nigel Green, CEO of the financial advisory firm deVere Group, comes as many of the world’s business, financial, economic, political, media, academic and civic leaders head to the Swiss mountain resort […]
Asgardia, also known as the ‘Space Kingdom of Asgardia’, was founded in 2016 by aspirational Russian billionaire Igor Ashurbeyli. Its goal is to be the first “nation” with a permanent colony in space, whether that’s […]
The UK has formally announced its plans to regulate the cryptocurrency industry, with the government looking to rein in some of the reckless business practices that characterise the “turbulent industry”. The government has therefore proposed […]
In a new report, the cross-party Committee of MPs said that cryptocurrencies such as Bitcoin have “no intrinsic value and serve no useful social purpose”, while consuming large amounts of energy and being used by […]
The US Securities and Exchange Commission (SEC) is cracking down against cryptocurrency operators, by suing two of the most important players in the sector: Binance and Coinbase. On Tuesday 6 June, the SEC asked a […]
The Bank of England must consider data privacy and financial stability concerns within its proposed design for a “digital pound”, the Treasury Committee has said in a report. In 2020, the Bank of England said […]
Hush money Only a handful of countries have active CBDCs in circulation but, by the end of last year, over 130 countries had announced plans to develop or pilot their own schemes. China has conducted […]
For the first time, Bitcoin has soared past US$81,000. Before Donald Trump sealed his return to the presidency last week, he pledged to make the US “the crypto capital of the planet” and create a […]
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