Exit stage left — Eqonex to close crypto exchange after two years
The firm said it would also move its principal business and several people from management from Hong Kong to the United Kingdom. Go to Source Powered by WPeMatico
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UK parliamentary group calls for submissions in new crypto asset inquiry
The U.K.’s Crypto and Digital Assets All Party Parliamentary Group (APPG) announced it will launch an inquiry into the crypto and digital asset industry. Go to Source Powered by WPeMatico
FCA cracks down on the ads of high-risk assets, but not crypto
British financial watchdog will tighten the guidelines for promoting high-risk products to individual investors. Go to Source Powered by WPeMatico
Final candidates for next UK prime minister have made pro-crypto statements
The Conservative Party is expected to decide between Rishi Sunak and LizaTruss as the next party leader by Sept. 5, at which point Johnson will officially step down Go to Source Powered by WPeMatico
Crypto user who lost $163M in Bitcoin wants to deploy robot search party: Report
Bitcoiner James Howells planned to speak with the Newport City Council in the coming weeks on a proposal to find his hard drive discarded in a landfill nine years ago. Go to Source Powered by WPeMatico
UK financial markets bill authorizes regulation of stablecoins, service providers
Crypto regulation came through as expected in the Financial Services and Markets Bill in spite of changes in government personnel and the collapse of the crypto market. Go to Source Powered by WPeMatico
UK financial watchdog exec hints at importance of international collaboration on crypto regulation
“In the past, innovative firms would have been pleading for less regulation — now they understand and appreciate that rules are there to help provide certainty,” said Nikhil Rathi. Go to Source Powered by WPeMatico
UK court allows lawsuit to be delivered via NFT
Civil Procedure Rules in the U.K. have previously allowed for lawsuits to be served using Instagram, Facebook, and a contact form on a website. Go to Source Powered by WPeMatico
UK Treasury Committee opens inquiry into crypto industry
The public has until Sept. 12 to submit evidence, which the committee may use in its report to parliament on the risks and opportunities related to crypto and DLT. Go to Source Powered by WPeMatico
BoE official compares current crypto market regulation to ‘unsafe aeroplanes’
According to Jon Cunliffe, regulators needed to accelerate efforts to find a place for crypto in current frameworks based on the principle of “same risk, same regulatory outcome.” Go to Source Powered by WPeMatico