Tag: UK Treasury
FCA/PRA Diversity and Inclusion for Crypto and FinTech Firms: PART IV
By Rodrigo Zepeda, CEO, Storm-7 Consulting
INTRODUCTIONIn 2023, the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) (Bank of England (BoE)) (collectively the...
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Digital Securities Sandbox to be launched in the UK in Q1 2024
In the realm of content creation, three vital elements come into play: “perplexity,” “burstiness,” and “predictability.” Perplexity gauges the intricacy of the text, while...
JPMorgan’s UK Subsidiary Chase Bans Crypto Payments Following Surge In Fraud And Scams
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Banking juggernaut JPMorgan confirmed that its retail arm, Chase, will block all crypto-related payments for its customers in the United...
Crypto Currency: Will 2023 Be The Year Regulation Catches Up With Digital Assets? – Fin Tech – UK – CryptoInfoNet
THE UK CONTINUES TO PLAY A LEADING ROLE IN THE REGULATION OFCRYPTOCURRENCY AND DIGITAL ASSETSThe UK Government’s consultation on what it calls a“world first”...
Bank Of England Releases New Paper On Ripple Use Cases
A consultation paper on the digital pound, a U.K. Central Bank Digital Currency (CBDC), was published by the Bank of England...
This Week in Coins: Bitcoin and Ethereum Dip as Chainlink, XRP, XLM Lead Growth – Decrypt
Last week’s blistering altcoin rally tapered off this week as Chainlink, XRP, XLM, Stellar and TRX were the only coins to post any notable...
Crypto Should Not Be Regulated as Gambling: UK Lawmaker
Andrew Griffith, economic secretary to the UK Treasury, said that equating crypto assets as a form of gambling would risk creating misalignment with...
Cryptocurrencies and Gambling – the UK Regulation Discussion Continues
In May 2023, the UK Treasury Committee recommended that trading and investing cryptocurrencies should be regulated as gambling. The reason behind this recommendation...
UK Treasury to Omit Derivatives, Unbacked Tokens from Sandbox
The United Kingdom's Treasury Department has proposed that unbacked crypto assets and derivatives be excluded from its digital securities sandbox project. This recommendation was...
King Charles Signs Crypto Bill into Law – CryptoCurrencyWire
Last week, King Charles signed the Financial Services and Markets measure, completing the process for the measure to become law and giving regulators the...
New UK Law Recognizes Crypto Trading as Regulated Financial Activity – Decrypt
The Financial Services and Markets Act 2023, a reform bill in the United Kingdom, has been granted Royal Assent from King Charles on Thursday,...
AI Will Save the World, Says VC Marc Andreessen
US-based radio broadcaster Mark Walters sued OpenAI for libel after its AI chatbot ChatGPT accused him of embezzling money from the Second Amendment Foundation...
OpenAI’s ChatGPT Accused of Defamation in Landmark Lawsuit
US-based radio broadcaster Mark Walters sued OpenAI for libel after its AI chatbot ChatGPT accused him of embezzling money from the Second Amendment Foundation...