The UK significantly expands its engagement within cryptoland. For all their success, it looks like they’re picking up a few new tips from their American cousins. New rules are coming down the pike. Their goal is to provide much-needed clarity and security to the current digital asset labyrinth, but will...
The news is out: Senator Dave McCormick, a Republican from Pennsylvania and a key member of the Senate Banking Committee (and its Subcommittee on Digital Assets), has invested a significant chunk of change – somewhere between $505,000 and $1.1 million – in Bitcoin through the Bitwise Bitcoin ETF. Big deal,...
The UK continues to slide into the American regulatory orbit. Minister of Finance Reeves fighting against the “bad guys” and in favor of “legitimate innovation.” Sounds great, right? Wrong. This isn't just about cleaning up the Wild West. It's about paving it over with a shopping mall.Regulation's Iron Grip On...
The UK’s consumer protection-focused approach to crypto regulation sounds good in theory, but I detect a bit of a stinky fish. Are we truly protecting the retail investor, or just constructing an opulent enclosure for the cryptocurrency aristocrats? This about-face to bow to the US is shocking and raises many...
This is another major step the UK is taking in the crypto space. For the first time, the government’s provided a comprehensive framework for regulating the industry. This action demonstrates a clear intent to help bring these exchanges, dealers, and agents into formal regulatory oversight. With this step, Pakistan is...
The UK is following suit, recently announcing a set of crypto regulations expected to rein in the growing world of digital assets. The hope is that these rules will increase investor confidence and encourage economic development. They intend to dramatically change the environment for crypto exchanges, dealers, and agents doing...
The UK’s ambition to become a crypto leader. Great. But who gets to thrive, and who gets shut out in this new digital gold rush. The shiny press releases talk about innovation and investor protection, but I see a familiar pattern: regulations crafted by and for the established financial elite,...
The UK recently decided to jump into the crypto ring by releasing their own draft regulations. They all want to be the global leaders in the emerging digital asset space. Are we on the cusp of a true David-and-Goliath story here? Good laws by good regulators could inadvertently kill the...
The UK government going to introduce targeted and very specific rules for cryptoassets. Due to these regulations, investor confidence will be increased, growth will be stimulated, and consumers all over the United Kingdom will be protected. This new initiative is intended to promote economic growth by encouraging the responsible adoption...
The UK is closing the door on crypto, despite being once a shining light alternative for FinTech innovation. This short sighted decision is devastating the industry, and thusly devastating our country’s future. This is crippling the aspirations of artists and innovators throughout Southeast Asia. As a result, many of them...
