Search Results for "uk"
UK Chancellor Rishi Sunak Proposes Crypto Adoption and CBDCs as Priority for Treasury Reform
The Chancellor of the Exchequer Rishi Sunak has listed crypto adoption and CBDCs amongst the Treasury's focus demanding reforms in the future.
UK Parliamentary Group Seeks Public Comment for Shaping Ecosystem in Crypto Sector
The United Kingdom’s Crypto and Digital Assets All Party Parliamentary Group (APPG) is calling for public comments as it commences its inquiry into the emerging blockchain ecosystem in the UK.
UK's 2023 Economic Outlook Report: Inflation Surges, Growth Adjusted Downward
The UK's economic forecast for 2023 has been revised downwards to 2.8% due to global supply chain disruptions and energy price surges. Inflation is expected to average 3.5%, surpassing the Bank of England's 2% target. The job market is expected to recover, with a 5.3% average increase in house prices. The Bank of England may raise interest rates to 1.5% due to inflation.
Coinbase Plans Expansion into Europe amid Market Downturn
Nasdaq-listed cryptocurrency exchange, Coinbase Global Inc has announced its plans to expand its operations in the European Union and the United Kingdom despite the ongoing market downturn.
Brevan Howard Is Launching a New Business Unit Focused on Crypto
UK Hedge Fund Firm Brevan Howard is developing a dedicated business unit for cryptocurrency investments. The company has hired a crypto talent to manage investments in cryptocurrencies and digital assets.
Member of Dark Overlord Crypto Hacking Group Pleads Guilty to Ransom Attacks
UK national Nathan Wyatt was found guilty of multiple charges this week after extracting personal information from victims while demanding a Bitcoin ransom.
UK Regulator FCA Opens Recruitment for Experts to Lead Crypto Department
The United Kingdom’s top market regulator, the Financial Conduct Authority (FCA) has put out an advert for an expert in digital currencies to come and head its crypto department.
Generative AI in the UK Public Sector: A Comprehensive Analysis
A survey by the Alan Turing Institute shows a significant uptake of GenAI in the UK public sector, with diverse applications across healthcare, education, and more. While boosting productivity and offering new operational methods, challenges like unclear guidelines and varying attitudes towards AI persist.
Crypto Investors Should Expect No Compensation From Government: UK Regulator
The head of the United Kingdom Financial Conduct Authority (FCA) takes a harsh stance against victims of digital currency scams, opposing them to receive compensation from the government.
Bank of England Outlines Framework for Regulating Crypto Assets
The Bank of England has announced a notice outlining securities law requirements that apply to cryptocurrency trading and how they may be tailored for the crypto’s business model.
UK Regulator Cracks the Whip on Deceptive Cryptocurrency Ads
The United Kingdom regulator intends to bring crypto promotions into line with other financial advertisements, to make sure these advertisements are transparent and fair.
Crypto OTC Trading Platform B2C2 Launches New Bitcoin-Settled Gold Derivative
Cryptocurrency over-the-counter (OTC) trading platform B2C2 created the first gold derivative product, priced and settled in Bitcoin. B2C2 stated that the gold-bitcoin derivative would allow institutional clients to trade gold via its OTC trading operations regulated and licensed by the United Kingdom’s Financial Conduct Authority (FCA).