UK city minister pushes blockchain gilts despite gov’t concerns
Despite resistance from the UK’s Debt Management Office, City Minister Tulip Siddiq pushes for blockchain-based bonds to modernize financial markets.
Related Posts
Price analysis 2/1: BTC, ETH, XRP, DOT, ADA, LINK, LTC, BCH, BNB, XLM
Tesla CEO Elon Musk recently voiced his support for Bitcoin (BTC) during a chat with Clubhouse. Musk said that his friends tried to onboard him to the Bitcoin bandwagon as early as 2013, but the world’s richest man did not take the final step. Musk admitted that he was “late to the party.”Musk also said…
Don’t think Bitcoin’s supply is finite? You probably don’t understand the tech
A research firm’s head recently claimed Bitcoin’s capped supply could be changed. 972 Total views 4 Total shares Bitcoin’s (BTC) price rise has brought all sorts of comments out of the woodwork. Although many carry a bullish tint, some folks still doubt crypto as a new store of value class. David Rosenberg, the chief economist…
Bitdeer to expand operations with $150M convertible notes offering
Bitdeer Technologies Group’s stock price dropped to $6.33 after it announced a senior convertible notes offering.
McKinsey Advisor: Blockchain May Kill Off the City of London and NHS
According to a senior advisor at consultancy firm McKinsey, John Straw, blockchain could make the City of London irrelevant in the near future. He made the claim at a Computing.co.uk Live Event on Oct. 24. Straw added that this could result in a breakdown of the United Kingdom’s tax system, and ultimately the demise of the…
EU finalizes Data Act with a kill switch for smart contracts: Law Decoded, June 27–July 3
European Union lawmakers have agreed to move ahead with the controversial European Data Act, which has previously drawn criticism from the crypto community. 618 Total views 1 Total shares European Union (EU) lawmakers have agreed to move ahead with the controversial European Data Act, which has previously drawn criticism from the crypto community. The act,…
Consultancy firm to investigate blockchain transactions in QuadrigaCX case
Lawyers representing creditors of the collapsed exchange QuadrigaCX have hired blockchain forensics specialists to help with the ongoing investigation. The Canadian law firm representing creditors of the defunct crypto exchange QuadrigaCX has hired consultancy firm Kroll to advance its investigation into $190 million lost in user assets in early 2019.As reported, controversy has engulfed QuadrigaCX…
What gives Ether token its value?
Bitcoin holds the top spot as the world’s first and largest cryptocurrency. The coin carries worth based on its position as a store of value capable of transacting value globally and comparatively easier than other similar assets, such as gold. Ethereum’s asset, Ether (ETH), has a different value proposition, arguably valuable for a number of…
Coinbase was aware of securities law violations, the SEC claims in letter
According to the SEC, Coinbase recognized the probability that federal securities laws would apply to its operations, openly informing its shareholders about the risk. 248 Total views 1 Total shares According to a letter sent by the SEC on July 7 to a district judge, Coinbase had knowledge of the probability that federal securities laws…