US, UK accelerate quantum computing programs after China breakthrough
China’s room temperature time crystals could radically affect the timeline for the arrival of useful quantum computers. Go to Source
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Can Bitcoin price break out after Bank of England interest rate cut?
This marks the bank’s first interest rate cut in over four years, with the last rate cut occurring in March 2020. Go to Source
England’s Law Commission proposes new property category for crypto assets
The Law Commission’s final report advocates for legal reforms to better protect the unique features of digital assets. Go to Source
Hacker gets 3.5 years prison for $900K Coinbase login scam: Report
A UK hacker faces prison for his Coinbase dummy website scam, an El Paso man’s alleged crypto “Ponzi” funded his lavish lifestyle, and Washington DFI flags the latest potential crypto fraud. Go to Source
Coinbase UK fined $4.5 million for ‘high-risk’ customer onboarding
The $4.5 million fine could signal the start of more scrutiny for crypto exchanges in the region. Go to Source
Craig Wright’s colleague tried to stop court case — He didn’t listen
Christen Ager-Hansen told Cointelegraph that he warned his former colleagues, including Craig Wright and financial backer Calvin Ayre, against going to court. Go to Source
Will UK Labour gov’t follow Germany’s example and liquidate 61,245 BTC?
After 14 years, Labour is in control of the UK government. Chancellor of the Exchequer Rachel Reeves may have discretion to use the country’s Bitcoin holdings for the party’s goals. Go to Source
King Charles lays out Labour govt plan for UK, with crypto unmentioned
During the State Opening of Parliament in May 2022, the UK government led by Conservatives introduced two bills concerning cryptocurrencies. Go to Source
Will UK Economic Secretary follow through with a ‘crypto crackdown’?
MP Tulip Siddiq called for crypto regulation as shadow economic secretary while in the opposition, and now the Labour Party is in control of the UK government. Go to Source
UK Law Commission sees no need for DAO-specific legal entity
The UK Law Commission scoping paper suggested legal reforms for DAOs, a review of the Companies Act and international cooperation on AML and tax frameworks. Go to Source
