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” UK Treasury publishes crypto framework paper: Here’s what’s inside “ His Majesty’s Treasury published a long-anticipated consultation paper for the United Kingdom’s upcoming crypto regulation. The extensive 80-page document covers a broad range of topics, from the troubles of algorithmic stablecoins to nonfungible tokens (NFTs) and initial coin offerings (ICOs). As stated by the…
” Crypto scammers abuse ‘lax’ UK company laws to fool victims: Report “ The United Kingdom is host to at least 168 companies accused of running fraudulent crypto or foreign exchange (forex) scams according to an independent analysis. A Jan. 29 joint investigation by media firms the Bureau of Investigative Journalism and the Observer suggested…
” UK native stablecoin integrates into 18,000 ATMs nationwide “ A partnership between Poundtoken and BitcoinPoint will make the country’s first 100% backed GBP stablecoin ($GBPT) accessible to retail consumers via a network of 18,000 ATMs across the United Kingdom. The move marks another step towards the U.K. becoming a “crypto hub” and is in…
” UK regulator investigates charity linked to FTX “ The commission in charge of regulating registered charities in England and Wales has announced it had begun investigating Effective Ventures Foundation, an organization tied to bankrupt crypto exchange FTX. In a Jan. 30 announcement, the Charity Commission said it had launched the inquiry due to FTX…
” UK Bitcoin community reacts to incoming CBDC and digital pound rollout “ The UK Government’s economic and finance ministry, HM Treasury, is recruiting for a Head of central bank digital currency (CBDC) to lead the development of a digital pound. The work is described as “Important, complex, and cross-cutting” and will “require extensive engagement…
” UK gov’t is hiring a central bank digital currency lead for Treasury team “ HM Treasury in the United Kingdom has begun calling for applicants to lead the central bank digital currency team behind efforts towards a digital pound. In a job posted to LinkedIn on Jan. 24, the U.K. Treasury called for a…
” British authorities split on banning sale of crypto investment products “ The policy decision-makers in the United Kingdom got split on whether the sale, marketing, and distribution of derivatives and exchange-traded notes (ETNs) tied with cryptocurrencies should be prohibited when it comes to retail investors. The Regulatory Policy Committee believes the measure, adopted in…
” UK MP says stablecoin is a gateway to CBDC, only crypto can ‘disrupt’ settlements “ The United Kingdom remains committed to becoming a world crypto industry hub in spite of the recent negative events that have occurred on the market. It is “the sector I have dedicated the most time to,” Member of Parliament…
” UK looks for a crypto crime fighter with a $50K salary “ The United Kingdom’s National Crime Agency (NCA) is taking measures to increase its focus on cryptocurrency crimes and combat criminals. NCA’s cyber-focused command, the National Cyber Crime Unit (NCCU), is launching a dedicated cryptocurrency unit to investigate U.K. cyber incidents involving the…
“Yoga instructor suffers horrific injuries in freak boat accident” A British yoga instructor said she is lucky to be alive after she was sliced open by a boat propeller while snorkeling in Mexico during a dream vacation with her husband. Amor Armitage, 37, said it is a “miracle” she survived the horrific accident on Dec….