The UK is taking a bold new approach to crypto regulation. This implementation guidance takes a notable turn from the EU’s MiCA framework and is more akin to the US’s implementation guidance. The government is pitching it as an exercise to strengthen investor confidence, as part of a broader strategy...
FinTech executives are warning that the U.K. risks falling behind in the burgeoning crypto industry due to its cautious regulatory approach. While the U.S. embraces a more pro-crypto stance under President Donald Trump, and other countries actively pursue industry-friendly reforms, the U.K. is perceived to be prioritizing safety over innovation,...
FIFA is definitely making a brave move in the digital collectibles space. They are moving their NFT collection, FIFA Collect, to a new blockchain that’s compatible with the Ethereum Virtual Machine (EVM). This change will make for a more intuitive user experience and significantly increase wallet interoperability. It further creates...
FIFA—great news, indeed! The organization will move FIFA Collect, its foundational NFT collection, from the Algorand blockchain to the newly launched FIFA Blockchain. Powered by European city diplomacy, the announcement was made on April 30 via a FIFA Collect migration FAQ.The migration is now planned for on or after May...
The UK is poised to reshape its digital asset landscape with impending crypto regulations, signaling a significant shift in how the nation approaches cryptocurrencies. Public Finance Minister Rachel Reeves recently announced draft legislation. These laws would, for the first time, require crypto exchanges and dealers come under mandatory regulation. This...
Rachel Reeves, the UK Finance Minister, announced plans for a "comprehensive regulatory regime for crypto assets" at a fintech event on Tuesday. The proposals seek to mold the UK into a “global hub for digital assets.” Second, they target the fast-growing and highly speculative crypto markets.The UK has put out...
Is this really the dawn of responsible crypto, or a velvet-gloved land grab by traditional finance. Meanwhile, the UK has just announced its own proposed regulatory framework for crypto. This step, combined with its eagerness to work with the US on digital asset policy, has created an important conversation. Or...
At the same time, the UK is keen to position itself as a leader on crypto. Ambitious? Absolutely. Achievable? Maybe. The draft crypto regulations unveiled recently raise a crucial question: are we building a bridge to the future or just another tollbooth?The government's intention is clear: crack down on the...
Let’s be honest, the NFT space is a total wild west. We’ve watched some of those projects explode and others flop, and the line between innovation and just plain gamble is a fine one. Finalbosu, with its anime-inspired characters and ambitious multimedia plans, has made a dramatic first impression. The...
Against this backdrop, the Supreme Court of India took up a matter of great public interest, dealing with regulation or no regulation in the realm of cryptocurrency. After a recent court hearing, the Indian crypto market entered a period of expectant waiting. The court correctly held that it cannot prescribe...
