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Search Results for: uk

Binance Charity and Superhumans Foundation Unite to Support Ukrainian War Victims

With the support of the nonprofit Superhumans Foundation, Binance Charity, the charitable arm of the premier global blockchain ecosystem Binance, is pleased to announce the beginning of educational programs aimed at helping Ukrainian residents affected by the conflict. These initiatives seek to provide these people fresh perspectives and provide them

February 22, 2024 2 mins read

UK Eyes Crypto Staking and Stablecoins Regulations in Next Six Months

Within the next half-year, lawmakers in the UK want to enact new regulations on cryptocurrency staking and stablecoins. The government is striving aggressively to adopt the new law before this year’s general election, according to Bloomberg, which Economic Secretary to the Treasury Bim Afolami said at a Coinbase-hosted crypto event

February 20, 2024 2 mins read

UK Financial Watchdog Continues Intense Scrutiny on Crypto Marketing

The financial watchdog in the United Kingdom warned 450 businesses in the last quarter of 2023 for unlawfully marketing cryptocurrency and urged those with the authority to do business with them to fulfill their obligations. Oct. 8 marked the beginning of the promotional guidelines set forth by the Financial Conduct

February 14, 2024 1 min read

Nayib Bukele Reelected in El Salvador. Win For Bitcoin?

President Nayib Bukele of El Salvador appears set to continue his presidency for another five-year term, with exit polls indicating an overwhelming lead shortly after voting concluded on Sunday. The outcome was widely anticipated, given Bukele’s substantial popularity and a significant lead in pre-election polls. “According to our numbers, we

February 5, 2024 2 mins read

Coinbase Strengthens Advisory Board With Addition of Ex-UK Chancellor

Coinbase announced that former UK Chancellor George Osborne would join its board of advisors. Disputes with the U.S SEC and litigation against the cryptocurrency exchange have likely prompted the move. The action by Coinbase further shows that the company is attempting to sidestep U.S regulations as it expands into other

January 31, 2024 1 min read

UK Proceeds Cautiously with CBDC Development Amid Rising Concerns

Known popularly as Digital Pound and Britcoin, the digital currency of the United Kingdom’s central bank is now in active development. In order to keep up with the rapidly developing technology of digital currency, the UK thinks these steps are crucial. A Central Bank Digital Currency (CBDC), more popularly known

January 25, 2024 2 mins read

Nukkleus Signs MOU to Substantially Increase Holdings in Jacobi Asset Management

MOU Sets Stage for Nukkleus to Acquire Additional 16% in Jacobi, Europe’s First Approved Bitcoin Spot ETF, Elevating Total Holdings to Approx. 20% NEW YORK–(BUSINESS WIRE)–$NUKK–Nukkleus Inc. (NASDAQ: NUKK), a pioneering force in the fintech industry, today announced the signing of a Memorandum of Understanding (MOU) as of January 16,

January 17, 2024 4 mins read

UK Unveils Digital Securities Sandbox with Blockchain Integration

The Digital Securities Sandbox (DSS) is changing the financial scene in the United Kingdom. A move toward blockchain technology in securities trading has been announced by a project co-managed by the Bank of England (BoE) and the Financial Conduct Authority (FCA). Firms may now test out asset tokenization in a

January 8, 2024 2 mins read

Coinbase Implements FCA-Compliant Measures for UK Users

Some users have reported receiving an email stating that Coinbase has implemented a new requirement for customers in the UK. A risk acknowledgment form must now be filled out by them. This effort is in line with the Financial Conduct Authority’s (FCA) upcoming rules on financial advertising in the United

January 4, 2024 2 mins read

Pension Fund M&G Invests $20M Into UK Crypto Derivatives Platform GFO-X

M&G Plc, an enormous London-based pension fund, recently invested $20 million into a British crypto derivatives trading platform, GFO-X. A cryptocurrency derivatives trading platform located in the United Kingdom, GFO-X, has received a $20 million investment from M&G Investments, the asset management division of pension behemoth M&G Plc. In the

December 11, 2023 2 mins read