UK is ‘likely’ to need digital currency, says BoE and Treasury: Report
The digital pound roadmap is reportedly set to be introduced next week, along with a joint public consultation. Go to Source Powered by WPeMatico
United Kingdom
Auto Added by WPeMatico
UK Treasury publishes crypto framework paper: Here’s what’s inside
His Majesty’s Treasury published a long-anticipated consultation paper for the upcoming crypto regulation. Go to Source Powered by WPeMatico
UK native stablecoin integrates into 18,000 ATMs nationwide
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. Go to Source Powered by WPeMatico
UK regulator investigates charity linked to FTX
The Charity Commission opened the inquiry on Dec. 19, after FTX had filed for bankruptcy in the United States and former CEO Sam Bankman-Fried was arrested. Go to Source Powered by WPeMatico
UK Bitcoin community reacts to incoming CBDC and digital pound rollout
A new role, “Head of CBDC,” will help the United Kingdom to “explore the case for a digital pound,” although UK Bitcoiners would argue that might not be necessary. Go to Source Powered by WPeMatico
UK gov’t is hiring a central bank digital currency lead for Treasury team
The team lead will determine the “strategic direction” for Treasury’s efforts to develop a digital pound in line with the U.K. government’s agenda. Go to Source Powered by WPeMatico
British authorities split on banning sale of crypto investment products
The policymakers in the United Kingdom got split on whether the sale, marketing, and distribution of derivatives and exchange-traded notes, tied with crypto, should be banned. Go to Source Powered by WPeMatico
Ripple CEO: XRP lawsuit resolved by June, SEC conduct ’embarrassing’
Ripple CEO Brad Garlinghouse said the firm’s XRP lawsuit could come to an end within “single-digit months.” Go to Source Powered by WPeMatico
90% of businesses adopting blockchain technology, data
A new survey from CasperLabs found that despite education gaps, enterprise adoption of blockchain technology in the U.S., U.K. and China is set to increase in the next year. Go to Source Powered by WPeMatico
City of London, British trade groups form new digital currency advocacy alliance
The UK capital’s governing body is partnering with the Digital Pound Association and other trade groups to promote good crypto policy and practice and the UK’s position as a global financial center. Go to Source Powered by WPeMatico