FCA officials tell UK parliamentary committee crypto regulation is unavoidable
The CEO and chairman of the UK’s financial regulator took a grim tone as they discussed crypto regulation, but conceded that they’re the ones who have to do it.
The CEO and chairman of the UK’s financial regulator took a grim tone as they discussed crypto regulation, but conceded that they’re the ones who have to do it.
A look back on a highly technical Bitcoin conference hosted in London, in which ordinals, silent payments and the Lightning Network were studied and discussed.
The banks join a growing list of financial institutions in the country tightening restrictions on digital assets.
BoE deputy governor Jon Cunliffe compared a potential digital pound with Apple’s iPhone app store as it could “open a new frontier for people to improve payments.”
At the European Blockchain Convention, Circularr won the award for blockchain startup of the year. Recycling with blockchain was the pitch.
The Bank of England's plans for a CBDC launch raises concern among UK Tax Reform Council and the broader Bitcoin community.
According to FCA, all crypto ATM operators in the United Kingdom are currently illegal because none of them is registered with the regulator.
While the British Treasury emphasizes the liberal approach, Australia goes with the profound taxonomy of all the crypto assets.
The digital pound roadmap is reportedly set to be introduced next week, along with a joint public consultation.
Brits can now withdraw physical cash for GBPT, a one-for-one pound sterling stablecoin, as well as other cryptos at ATMs in the United Kingdom.