The cryptocurrency industry will soon be regulated in the UK
that the Bank of England had begun working on Britain's first regulatory framework.
For now, cryptocurrencies remain mostly unregulated despite experiencing substantial growth in the UK and other countries over the past year. Despite the proliferation of crypto, the BoE's Financial Policy Committee concluded that it was yet to threaten the country’s financial stability. However, the unbridled growth of crypto could become riskier in the future.Last year, BoE Governor Andrew Bailey described cryptocurrencies as “dangerous.”
The U.K. is, of course, far from being the only country that is currently working on regulating the cryptocurrency sector. U.S. President Joe Biden recently published the country’s long-awaited executive order that was widely praised by members of the cryptocurrency industry despite lacking clarity on some key points.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Britain will reveal crypto regulation plans in coming weeks, sources sayBritish Finance Minister Rishi Sunak is expected to announce a new regulatory regime for crypto in the coming weeks, sources tell CNBC.
Leer más »
UK Set to Disclose Plans for Regulating Crypto in Coming Weeks: CNBCLike the EU's framework for crypto assets that is currently making its way through the legislative process, the U.K.'s regulatory efforts may also focus heavily on stablecoins.
Leer más »
European crypto regulatory framework goes to three-way consideration without PoW banThe European Union draft on Markets in Crypto Assets seems to move forward as banning PoW-based digital assets is not on the table anymore.
Leer más »
LG’s New Business Plans Include Blockchain and Crypto LG’s News Business Plans Include Blockchain and CryptoThe electronics giant is likely to introduce Smart TVs that can allow viewing and buying of non-fungible tokens. The electronics MNC is likely to introduce Smart TVs that can allow viewing and buying of NFTs
Leer más »
Why Men Might Start Getting Their Own Sperm From 3D-Printed TesticlesA groundbreaking new experiment opens the door for a future solution to male infertility.
Leer más »