U.K. lawmakers have formed the Crypto and Digital Assets Group to ensure that new rules for the crypto industry support innovation. cryptocurrency bitcoin
“We are at a crucial time for the sector as global policymakers are also now reviewing their approach to crypto and how it should be regulated,” said the British parliament member who will chair the group.U.K. parliament members and members of the House of Lords have formed the Crypto and Digital Assets Group, the Financial Times reported Friday.
We are at a crucial time for the sector as global policymakers are also now reviewing their approach to crypto and how it should be regulated. Cryptouk, a trade association for digital assets, will serve as the parliamentary group’s secretariat. The association has been lobbying lawmakers for a year for positive crypto regulation in the U.K.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Estonia Offers to Share Crypto Experience With US to Identify Best Practices for Digital Assets – Regulation Bitcoin News'I suggested to the U.S. Treasury Secretary that Estonia can share its experience to identify best practices,' said the Estonian finance minister. bitcoin cryptocurrency
Read more »
Bitcoin Tumbles Below $40,000 to Lowest Since September as Investors Dump Risky AssetsThe price of bitcoin fell to its lowest point since September as rising rates continue leading investors to shed positions in risky, growth-oriented assets.
Read more »
UK lawmakers form crypto advocacy group for parliament: ReportLet’s get down to business. Members of the UK parliament have set up a special committee in order to discuss crypto regulation.
Read more »
SEC Charges Australian 'Man Behind the Machine' in $41M Crypto Fraud Scheme – Regulation Bitcoin NewsThe “Man behind the Machine” began diverting more than $5.8 million from the proceeds to gold mining entities in South Africa without disclosing this to investors. crypto cryptocurrency
Read more »
Mai Capital Predicts Tough Year for Crypto — Expects Bitcoin and Ethereum to Do Well Once Regulations Come Into Focus – Regulation Bitcoin NewsMai Capital Management's chief equity strategist and regional president, Chris Grisanti, has predicted that this year will be tough for crypto largely due to regulations. However, he expects established cryptocurrencies, such as bitcoin and ether, to 'do quite well' once regulations come into focus.
Read more »
Estonia Offers to Share Crypto Experience With US to Identify Best Practices for Digital Assets – Regulation Bitcoin News'I suggested to the U.S. Treasury Secretary that Estonia can share its experience to identify best practices,' said the Estonian finance minister. bitcoin cryptocurrency
Read more »