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“Britain’s economic down to ‘negative’ amid political turmoil: Moody’s” The chaos within the British government in the wake of the sudden resignation of former Prime Minister Liz Truss has dealt a blow to the nation’s economic prospects. Moody’s, the internationally respected investor rating agency, downgraded the UK’s economic outlook to “negative” from “stable” on Friday….
“Is Joe trying to destroy US, Britain’s ‘political wasteland’ and other commentary” Economist: Is Joe Trying To Destroy US? President Biden’s policies might not add up to some intentional “Dr. Evil-type plot” to replace “free-market capitalism” with “big-government socialism,” but if he and his team are trying to “burn down the village in order to…
” Amendment to UK financial services bill provides regulation for crypto activities “ An amendment to the Financial Services and Markets Bill now before the United Kingdom’s Parliament would extend the law’s powers to regulate financial promotion and other activities to crypto assets. The amendment was written by Member of Parliament and Financial Secretary to…
Liz Truss’s downfall sparks talk of democracy’s decline in UK Questions of democratic legitimacy are swirling in the United Kingdom after the resignation on Thursday of Prime Minister Liz Truss, whose government collapsed just 44 days after she took office. Truss’s downfall will trigger a second leadership election within the Conservative Party’s 170,000 members…
” Before ETH drops further, set some money aside for surprise taxes “ Ethereum’s Merge dominated the crypto world in September with promises of quicker transaction times, improved security and a 99% reduction in energy consumption. However, will you end up with a surprise tax bill too? Let’s examine. During the Merge event, the Ethereum…
” UK Law Commission expects ‘substantial impact’ from digital asset law review “ The Law Commission of England and Wales hopes to establish the United Kingdom as a leading jurisdiction to grapple with legal disputes involving emerging technologies like cryptocurrencies, digital assets and electronic documentation. The project, dubbed “Digital Assets: Which Law, Which Court?” was…
” Beers for Bitcoin: Here’s the story of Satoshi’s Place pub in the UK “ While opening a Bitcoin-themed bar sounds like a dream for many Bitcoiners, it also comes with its challenges, according to Adam (who did not share his last name), the founder of Satoshi’s Place. Cointelegraph reporter Joseph Hall visited a Bitcoin-themed…
“‘Iron Men’ make jet suit entrance onto HMS Queen Elizabeth” Amazing footage has captured servicemen from the Royal Navy’s flying over the New York Harbor and landing on the flagship aircraft carrier. The video — captured on Oct. 1 –– shows the ‘Iron Men’ flying onto HMS Queen Elizabeth waving a flag with a Union…
” Upside capped at $980B total crypto market, according to derivatives metrics “ It is becoming increasingly challenging to support a bullish short-term view for cryptocurrencies as the total crypto market capitalization has been below $1.4 trillion for the past 146 days. Furthermore, a descending channel initiated in late July has limited the upside after…
” Is it Bitcoin’s time to shine? British pound drops to all-time low against the dollar “ On Sept. 26, the British pound hit a record low against the U.S. dollar following the announcement of tax cuts and further debt increases to curb the impact of a possible economic recession. The volatility simply reflects investors’…