Latest News World UK Will Be A Technology Hub for Crypto Assets By AtoZcrypto Posted on April 11, 2022 1 min read 0 24 2,669 The UK government has plans to make the country the technology hub for cryptocurrencies. For this, regulations regarding the usage of stablecoins are issued, and firms are encouraged to innovate. For this, an NFT-based, sandbox-like facility will be established by CryptoSprint (led by FCA), and the Royal Mint. This will create an advanced crypto infrastructure for the market, the firms, and the users. It will also create more jobs and competitiveness within the industry when it becomes a global hub. This is what Rishi Sunak, Chancellor of the Exchequer has to say about the upcoming plans. Through this, the government aims to achieve financial stability without comprising regulatory precautions. The UK government will also look into the concept of Distributed Ledger Technology (DLT), and the various benefits it brings to the table.
A nuclear-powered Bitcoin mine is launched in Pennsylvania Throughout the years, Bitcoin mining has been known for its contribution to environmental pollution. …
Recently, Binance announced that Signature Bank would not support any cryptocurrency transaction of less …
Coinbase Will Halt Its Operations In Japan After Kraken, Coinbase Global Inc. is stopping its operations in Japan stating the reason …
PlanB Believes Bitcoin Will Skyrocket To $100,000 As per the opinion of PlanB, Bitcoin is set to reach $100,000 in 2023, …
