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UK Treasury – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Thu, 21 Nov 2024 20:26:20 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png UK Treasury – DIGIT INFO https://www.digit.info 32 32 UK to deliver comprehensive crypto regulation framework by early 2025 https://www.digit.info/uk-to-deliver-comprehensive-crypto-regulation-framework-by-early-2025/ Thu, 21 Nov 2024 20:26:20 +0000 https://www.digit.info/uk-to-deliver-comprehensive-crypto-regulation-framework-by-early-2025/

The Labour government is reportedly readying crypto, stablecoin and crypto asset regulations as Europe pulls ahead and the US changes its crypto policies.

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UK may have crypto regulation within a year, says senior minister https://www.digit.info/uk-may-have-crypto-regulation-within-a-year-says-senior-minister/ Wed, 19 Apr 2023 02:23:21 +0000 https://www.digit.info/2023/04/19/uk-may-have-crypto-regulation-within-a-year-says-senior-minister/

The lawmaker said the regulation will need to be both “pragmatic” and “proportionate” to ensure economic growth is maximized.

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Coinbase to help UK on Web3 hub as Treasury reportedly revives blockchain taskforce https://www.digit.info/coinbase-to-help-uk-on-web3-hub-as-treasury-reportedly-revives-blockchain-taskforce/ Tue, 18 Apr 2023 05:05:01 +0000 https://www.digit.info/2023/04/18/coinbase-to-help-uk-on-web3-hub-as-treasury-reportedly-revives-blockchain-taskforce/

Brian Armstrong will give suggestions to the U.K. on regulations, taxes and ensuring collaboration between the banking and FinTech sectors.

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UK’s digital pound would modernize payments but won’t replace cash: Minister https://www.digit.info/uks-digital-pound-would-modernize-payments-but-wont-replace-cash-minister/ Tue, 07 Feb 2023 04:52:22 +0000 https://www.digit.info/2023/02/07/uks-digital-pound-would-modernize-payments-but-wont-replace-cash-minister/

Finance minister Jeremy Hunt says the digital pound, or “Britcoin” would be issued and backed by the Bank of England, but won’t negate the use of cash.

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British Lawmakers Say a CBDC Is Likely to Hurt Financial Stability — Digital Pound Benefits Overstated https://www.digit.info/british-lawmakers-say-a-cbdc-is-likely-to-hurt-financial-stability-digital-pound-benefits-overstated/ Fri, 14 Jan 2022 22:30:55 +0000 https://www.digit.info/2022/01/14/british-lawmakers-say-a-cbdc-is-likely-to-hurt-financial-stability-digital-pound-benefits-overstated/ Read more]]> According to British lawmakers, a central bank digital currency (CBDC) is likely to raise the cost of borrowing while hurting financial stability. They insist the touted potential advantages of a digital pound are being overstated. Erosion of Privacy British lawmakers have said the use of a central bank digital currency when making regular payments could […]

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