Worldcoin may face UK data regulators inquiry days after launch: Report
The project has faced criticism from within the fintech world over its dystopian features and privacy concerns. Go to Source Powered by WPeMatico
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From rugs to riches: UK carpet retailer to adopt Bitcoin Standard
With inflation running high and sluggish UK banking interest rates, small businesses in the United Kingdom are turning to novel solutions to save money. Go to Source Powered by WPeMatico
Ripple applies for crypto license in the United Kingdom
Ripple applied for a registration as a crypto asset firm with the United Kingdom’s Financial Conduct Authority (FCA) after its partial win against the U.S. SEC. Go to Source Powered by WPeMatico
UK court grants appeal from Craig Wright in Bitcoin rights lawsuit
The decision reverses a prior ruling, allowing Craig Wright to appeal a lawsuit claiming copyright to the Bitcoin whitepaper and database. Go to Source Powered by WPeMatico
UK financial watchdog announces launch of permanent Digital Sandbox in August
According to the FCA, the sandbox will be open to businesses, start-ups and data providers, including those involved in banking, investment, lending and payments. Go to Source Powered by WPeMatico
UK government rejects lawmakers call to treat crypto like gambling
The government added that they are already working on regulating the crypto market and a proposed regulatory legislation was laid before parliament and debated last month. Go to Source Powered by WPeMatico
United Kingdom’s digital pound meets public backlash — Why?
The use of physical currency for transactions is plummeting globally, so why is the U.K. so tentative with its own central bank digital currency? Go to Source Powered by WPeMatico
UK bill on online safety should apply in the Metaverse, say lawmakers
Several members of the House of Lords voiced concerns around children’s online activities in legislation aimed at regulating “anything communicated by means of an internet service”. Go to Source Powered by WPeMatico
UK Treasury plans to exclude derivatives and ‘unbacked’ tokens from regulatory sandbox
“Until there is more certainty in these frameworks, we are intending to utilise existing regulatory initiatives to develop policy and regulation for this asset class,” said Treasury. Go to Source Powered by WPeMatico
UK FCA shuts down 26 crypto ATMs following coordinated investigation
The FCA — along with other law enforcement agencies — investigated 36 crypto ATM locations using powers under the Money Laundering Regulations 2017. Go to Source Powered by WPeMatico
