
Crypto Trading Should be Regulated as Gambling: UK Lawmakers
A panel of cross-party British lawmakers has recommended trading of 'unbacked crypto assets like Bitcoin and Ether be regulated as gambling.
Central Bank Digital CurrenciesShould the country decide to issue a digital pound, existing data protection, security and anti-money laundering rules would need amending, said Louise Abbott, partner at U.K.-based Keystone Law.
Digital PoundA panel of cross-party British lawmakers has recommended trading of 'unbacked crypto assets like Bitcoin and Ether be regulated as gambling.
Central Bank Digital CurrenciesPolicymakers are divided on whether a digital euro is necessary for the eurozone in a world where cashless payments already exist but supporters of the central bank digital currency (CBDC) project argue that Europe needs a payments system that is locally controlled, the Financial Times reported...
CBDC Central Bank Digital CurrencyCentral Bank Digital Currencies
In normal times, the risk of disintermediation from introducing a central bank digital currency (CBDC) may be overstated, according to Carolyn Wilkins, an external member of the Financial Policy Committee at theBank of England...
CBDC Central Bank Digital CurrencyA Bank of England adviser has spoken about the potential for CBDC, including in a financial crisis when the "concern is real"
CBDC Central Bank Digital CurrencyThe Bank of Englands head of fintech recently claimed the digital pound would feature the highest standards for privacy; however, he also stated that anonymity was a policy problem for cryptocurrencies that shouldnt be allowed to continue.
CBDC