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” 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’…
” ‘The bond market bubble has burst’ — 5 things to know in Bitcoin this week “ Bitcoin (BTC) starts a new week staring down a wild macro environment after sealing its lowest weekly close in nearly two years. As risk assets across the global economy take a hammering and the U.S. dollar surges, the…
” UK gov’t introduces bill aimed at empowering authorities’ to ‘seize, freeze and recover’ crypto “ The government of the United Kingdom has introduced a bill aimed at cracking down on money laundering and fraud, specifically by expanding the authorities’ ability to target cryptocurrencies used for illicit purposes. In a Thursday announcement, the U.K. government…
” British regulator lists FTX crypto exchange as ‘unauthorized’ firm “ The Financial Conduct Authority (FCA), the chief financial regulator in the United Kingdom, issued a warning to Bahama-based crypto exchange FTX, claiming it operates without authorization. The company joined a growing list of unregistered cryptocurrency-related businesses that continue to outweigh those signed up with…
” Law Decoded, Sept. 5–12: The pressure is growing in the US “ While last week brought no troubles from the market side of the crypto industry — no operations frozen, no bankruptcies filed — the United States regulators made some explicitly negative statements. Recently appointed U.S. Federal Reserve Board vice chair for supervision Michael…
“With Ascension Council proclamation, Charles III formally declared King” King Charles III was formally proclaimed the sovereign of the United Kingdom Saturday morning, following a rare meeting of Great Britain’s Ascension Council. At 11 a.m., David White, the kingdom’s Garter King-at-Arms performed his once-in-a-lifetime ceremonial duty, proclaiming from the balcony of St. James’ Palace in…
“LinkedIn user says Queen Latifah ‘only queen I cry for’” A LinkedIn user caused a stir when he denounced Queen Elizabeth and refused to express sorrow over her death — insisting instead that rapper Queen Latifah “is the only Queen I’m willing to cry over when she passes.” Jermaine L. Murray, a Toronto-based career coach…
“Queen Elizabeth II remembered by tourists from around the world” A Michigan woman had her trip to the UK become a lot more emotional than expected as she spoke of Queen Elizabeth’s death, saying she got “choked up.” After 70 years on the throne, Queen Elizabeth died Thursday afternoon at Balmoral Castle in Aberdeenshire, Scotland….
” UK economic secretary commits to make country a crypto hub under new PM “ Richard Fuller, the Economic Secretary to the Treasury, said the government wants the United Kingdom to be the “dominant global hub for crypto technologies.” In a parliamentary debate on crypto asset regulation in the U.K. on Wednesday, Fuller spoke in…
” FCA highlights limited role as unregistered businesses continue to operate “ The number of unregistered cryptocurrency-related businesses continues to outweigh those signed up with the United Kingdom’s Financial Conduct Authority. Crypto.com became the latest business from the cryptocurrency ecosystem to register with the FCA, joining a list of a confirmed 37 companies with the green…