Crypto firms continue to clash with governments over regulations. „If crypto firms don’t bend to regulatory demands, governments can back these as widespread payment options instead.” – says GlobalData

April 20, 2022 / Nocashevents / Comments Off on Crypto firms continue to clash with governments over regulations. „If crypto firms don’t bend to regulatory demands, governments can back these as widespread payment options instead.” – says GlobalData

In response to the news that crypto business leaders are objecting to EU proposals to regulate cryptocurrencies, including requiring crypto firms to disclose transaction details; Amrit Dhami, Associate Analyst in the Thematic Research team at GlobalData, comments: “Anonymity is big within the world of cryptocurrency, from the anonymous crypto wallets to the creative pseudonyms of crypto and NFT creators. It’s a big selling point for consumers who don’t want their transactions […]

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Government sets out plan to make UK a global cryptoasset technology hub

April 5, 2022 / Nocashevents / Comments Off on Government sets out plan to make UK a global cryptoasset technology hub

The government has today announced moves that will see stablecoins recognised as a valid form of payment as part of wider plans to make Britain a global hub for cryptoasset technology and investment. . Stablecoins to be brought within regulation paving their way for use in the UK as a recognised form of payment. . Announcement part of a series of measures to make the UK a global hub for cryptoasset technology […]

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