Crypto roulette May 24, 2023 | Sponsored Like other jurisdictions, the UK is grappling with the issue of DeFi regulation. Existing and prospective legislation place cryptoasset activities within the domain of the Financial Conduct Authority (FCA) and related regulators and therefore in the same regulatory category as traditional financial services. However, other voices press for investment in crypto to be seen as [...]
Winklevoss twins warn UK not to ‘politicise’ crypto rules amid US regulators’ ‘warpath’ May 24, 2023 The Winklevoss twins have warned ministers not to “politicise” the UK’s crypto regime today as they launch a charm offensive in London amid a “warpath” from regulators in the US.
Blockchain can help fix carbon credits market, experts argue – but is it enough? May 18, 2023 Experts have suggested that blockchain could provide a way to improve the fractured carbon credit markets and help markets move towards a more sustainable future. Jeff Ren, OKX Ventures partner, told Morning Wire that the “immutable nature of the dataset created and stored” by a blockchain could combat the fragmented and opaque carbon credits market. [...]
Treasury Committee’s call for digital assets to be regulated same way as gambling industry is slammed by crypto leaders May 17, 2023 Crypto leaders in the UK have branded a government body’s calls for unbacked digital assets to be regulated in the same way as the gambling industry as 'an appalling backwards step'.
Crypto ‘more closely resembles gambling than a financial service’, Treasury committee warns government May 17, 2023 An influential group of lawmakers has argued that consumer cryptocurrencies should be treated like gambling in the government’s upcoming crypto regulations. In a new report on the crypto sector, MPs on the Treasury Select Committee concluded that retail trading in unbacked crypto “more closely resembles gambling than a financial service”. The MPs noted that the [...]
EU approves new set of MiCA rules for cryptocurrency May 16, 2023 A slew of new rules to govern the use of cryptocurrency and digital assets throughout the European union have been approved.
New investors appear to be accelerating growth in ETF market May 16, 2023 New data shows a wave of exchange-traded fund (ETF) adoption from the next generation of European investors.
Why Shapella looks like a game changer for Ethereum May 15, 2023 Dr Sreejith Das, CEO and co-founder of Attestant, explains why he believes Ethereum's Shapella upgrade is an important crypto milestone.
Binance pulls out of Canada as CZ continues to plot a course towards UK May 13, 2023 Crypto giant Binance has pulled the plug on its presence in Canada, citing the country's new legislation over investment limits and stablecoins.
Do Kwon released on bail May 12, 2023 Terraform Labs mastermind Do Kwon has been released on €400,000 bail as he awaits trial in Montenegro.