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UK Law Commission Seeks Evidence on DAOs — Expert Says ‘New Legal Forms Are Required’
19.11.2022
The United Kingdom Law Commission recently asked experts and users to participate in a ten-week exercise whose objective is to help the commission better understand how decentralized autonomous organizations (DAOs) operate. A blockchain expert says the commission’s call shows that the U.K....
UK lawmakers open inquiry into NFT regulation — 'there are fears that the bubble may burst'
4.11.2022
According to the DCMS committee, NFT regulation in the U.K. is “largely non-existent,” with lawmakers planning to assess the assets ahead of a review by the treasury department
Bank of England Hikes Repo Rate by 75bps — UK’s 30-Year Fixed Mortgage Rate Jumps to 7%
3.11.2022
On Nov. 3, 2022, the Bank of England followed the U.S. Federal Reserve by codifying the eighth consecutive benchmark bank rate hike by 75 basis points (bps). The increase brings the United Kingdom’s main lending rate to 3%, after a majority of the Monetary Policy Committee (MPC) members voted...
Bank of England raises interest rates to 3%, largest jump in 33 years
3.11.2022
The Bank of England is trying to bring soaring inflation under control by dramatically increasing the cost of borrowing money
Stablecoins have a new name in Great Britain: Law Decoded, Oct. 24–31
31.10.2022
From El Salvador and Lugano’s collaboration to yet another lawsuit against Do Kwon, this is what the last week in regulation looked like
UK Prime Minister Rishi Sunak's win was a victory for crypto
29.10.2022
Cryptocurrency fans have a lot to look forward to with the new prime minister, who has a track record of being highly positive about the industry
United Kingdom banks hate crypto, and that's bad news for everyone
26.10.2022
Banks in the United Kingdom try to block businesses and individuals alike from investing in cryptocurrency. Regulators should fix the situation
UK police council reports there are officers in every unit trained for crypto enforcement
26.10.2022
The NPCC's Andy Gould said that the U.K. police had the capability to address illicit uses of crypto, but still faced challenges including incentives to join the private sector
The UK has a new name for stablecoins and a new bill to regulate crypto
26.10.2022
The proposal is another ripple of recognition for the Bitcoin, crypto and digital assets industries in the United Kingdom
British MP Lisa Cameron on Bitcoin and UK becoming international crypto hub
25.10.2022
In an exclusive interview with Cointelegraph, U.K. Member of Parliament Dr. Lisa Cameron said there is a “vision” that the U.K. will become an international hub of crypto and digital assets
Report: Billionaire Says Britain May Be Forced to Seek Bailout From IMF if It Does Not Renegotiate Brexit Deal
25.10.2022
British billionaire investor Guy Hands has reckoned that Britain will become “the sick man of Europe” and may be forced to seek a bailout from the International Monetary Fund (IMF) if it does not renegotiate its Brexit deal. The billionaire insisted the United Kingdom’s current...
A new definition of crypto comes from the IRS — Law Decoded, Oct. 17-24
25.10.2022
IRS broadens the classification of crypto, Ripple gets another point in a case against SEC, and Hong Kong considers its own regulatory framework in opposition to China
Wealthy crypto believer and incoming UK PM Rishi Sunak once commissioned a royal NFT
24.10.2022
The new leader of the world’s sixth-largest economy is the former chancellor of the exchequer and is said to be richer than King Charles; he is also a firm crypto supporter
UK inflation rate hits 10.1%, British Bitcoin community responds
19.10.2022
The British Bitcoin community wades in on the latest inflation print, which once again hit the double digits in the United Kingdom
UK gov't introduces bill to digitize trade documents — potentially traced using blockchain
13.10.2022
The Lord Privy Seal of the U.K.’s House of Lords introduced the bill, which, ironically, was “ordered to be printed” following the first reading on Oct. 12
Report: UK Gold Dealer Sold Out of Bullion After Pound’s Record Fall Causes Demand to Skyrocket
4.10.2022
The United Kingdom-based gold dealer, Ash Kundra, has claimed that he recently ran out of gold coins and bars after the demand for the precious metal skyrocketed. The pound’s plunge to a record low versus the dollar, as well as the turmoil in financial markets, is said to be the cause of...
FCA green lights Revolut, making no UK crypto firms operating under temporary status
27.9.2022
Revolut had been the last "holdout" out of the 12 companies originally granted FCA temporary registration to continue offering crypto services in March
Bitcoin, British Pound trading volume soars 1150% as UK's currency risks dollar parity
27.9.2022
Doom and gloom for some British pound investors is neatly avoided with a Bitcoin flight
Global think tank suggests blockchain in public finance can help reduce fraud
27.9.2022
Modernizing public finance management through blockchain could help governments identify potential corruption and waste by providing additional transparency and traceability
GBP follows euro: The pound-dollar rate hits all-time low
26.9.2022
Reaching 1 GBP = $1.04, the pound has crash-landed, marking a record low against the U.S. dollar following the new prime minister’s budget announcements