The U.K. is making its strongest push yet to position itself as a global leader in blockchain-powered financial markets, unveiling a government-backed strategy that argues tokenizing traditional assets could generate as much as £33 billion ($44 billion) in additional annual economic output by 2035. … [Read more...] about UK bets on tokenization to reinforce London’s financial edge
UK unveils its comprehensive crypto regulatory framework
The United Kingdom has unveiled its most comprehensive regulatory framework for digital assets to date, moving to bring crypto businesses under a unified supervisory regime while sharpening its ambition to become a leading global center for blockchain innovation and digital finance. … [Read more...] about UK unveils its comprehensive crypto regulatory framework
Britain to change its rulebook to become global crypto and fintech hub
The City of London wants to regain a leading global financial centre role … [Read more...] about Britain to change its rulebook to become global crypto and fintech hub
Crypto.com exchange gets UK regulatory approval
Singapore-based cryptocurrency trading platform Crypto.com has received approval from the UK’s Financial Conduct Authority (FCA) to be registered as a cryptoasset service provider in the country, a key step to expanding operations there. … [Read more...] about Crypto.com exchange gets UK regulatory approval
PayPal expands cryptocurrency services to the UK
PayPal – one of the worlds’ largest payment processors – will now allow British customers to buy, hold and sell cryptocurrencies … [Read more...] about PayPal expands cryptocurrency services to the UK
A number of UK crypto projects see loss of fortune in 2018
More than 200 companies tied to digital assets industry went out of business during July to November. … [Read more...] about A number of UK crypto projects see loss of fortune in 2018
Crypto news in brief (October 25, 2018): FISCO BCOS, Coinbase, USDC stablecoin, Alibaba, Bakkt, Royal Mint Gold, Japan
- The Financial Blockchain Shenzhen Consortium (FISCO) announced the launch of a coinless open-source blockchain platform - Coinbase has launched stablecoin USDC, backed one-to-one by U.S. dollar - Alibaba Cloud expanded its Blockchain as a Service (BaaS) offering outside of China - The UK Royal Mint has suspended its plan to launch gold-backed cryptourrency Royal Mint Gold … [Read more...] about Crypto news in brief (October 25, 2018): FISCO BCOS, Coinbase, USDC stablecoin, Alibaba, Bakkt, Royal Mint Gold, Japan
UK to carefully examine cryptocurrencies
The UK government plans to take a closer look at the virtual money market and blockchain technology. The authorities want to outline risks that could affect users, businesses and the government. … [Read more...] about UK to carefully examine cryptocurrencies