Tag: UKs
UK’s New Online Safety Bill to Prevent Child Harm Applies to the Metaverse, Lawmakers Agree
“The metaverse is in scope of the bill, which, as noble Lords know, has been designed to be technology neutral and future-proofed to ensure that it ke [...]
UK’s Digital Securities Consultation Will Examine DLT Bonds and Equities, not Bitcoin (BTC) and Ether (ETH)
The relaxation will in the first instance operate for a period of up to five years, and would apply as a minimum to digital equities, bonds and money [...]
Gaining speed on tokenization is vital for UK’s financial future, banking group warns
Advocacy group UK Finance is urging the British government to encourage securities tokenization. The market is small now, but the future stakes are hi [...]
The UK’s New Cryptocurrency Rules Are Better Than the US’s
This is the culmination of a yearslong effort in the U.K. government to create new rules to govern cryptocurrency business within its borders. As such [...]
UK’s high rate of avoidable deaths linked to NHS woes
"There are record numbers of staff working in the NHS with over 53,600 more people compared to a year ago - including over 5,400 more doctors and over [...]
UK’s FCA Right to Propose Stop to Marketing Crypto Like Bitcoin (BTC) as ‘Inflation Resistant,’ Industry Members Say
“Due to bitcoin's relatively short existence, we have to rely on the fundamental concepts of what it represents as an asset, so theoretically, it bein [...]
UK’s Financial Watchdog FCA Proposes Ban on Crypto Incentives in Tough New Marketing Rules
Under the new rules, crypto will be classified as “restricted mass market investments,” which will require any advertisements or promotions to contain [...]
UK’s Financial Conduct Authority Continues Crackdown on Unregistered Crypto ATMs in Exeter, Nottingham and Sheffield
The FCA said it has inspected sites in Exeter, Nottingham and Sheffield alongside the regional police. The devices for turning fiat currency into cryp [...]
Industry heavyweights respond to UK’s crypto asset regulatory framework proposal
The deadline has come for comments on a consultation paper and call for evidence released by the United Kingdom’s HM Treasury on a proposed crypto ass [...]
Google bullish on blockchain, UK’s $125M AI pledge, Voyager and Binance
At the intersection of tech and cryptocurrency news, the Google for Startups Cloud Program has expanded to include 11 blockchain firms. Together, the [...]
With EU’s MiCA Past the Finish Line, UK’s Crypto Industry Calls for Rules of Its Own
The EU’s advantage over the U.K. when it comes to crypto regulations may just boil down to the fact that the former has managed to finalize its approa [...]
UK’s New Technology Department to Tackle Country’s Metaverse, Web3 Strategy
The country’s 2023 Spring Budget, released in March, said the government wanted to “lead on the future of web technology, sometimes known as Web3 or t [...]
Phillips presses Sunak on UK’s modern slavery record
Labour MP Jess Philiips claimed the Illegal Migration Bill will make it harder for women to be helped.She spoke of working for years with women brough [...]
UK’s FCA Can’t Protect Crypto Investors From Losses, says Agency’s CEO
The country’s financial regulator, the FCA currently has powers to ensure crypto companies register and comply with anti-money laundering rules, but i [...]
Prudential Regulatory Authority, the UK’s Banking Regulator, to Propose Rules on Issuing Holding Crypto
New standards for PRA-regulated firms will be coherent with rules for other sectors, according to a footnote accompanying the text of the speech. The [...]