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Ex-Bank of England Economist Says Digital Pound is a ‘White Elephant,ʼ Costly and Useless

Ex-Bank of England Economist Says Digital Pound is a ‘White Elephant,ʼ Costly and Useless

The Bank of England's digital pound project faces criticism from former economist Neil Record, who labels it a costly "white elephant" lacking publ...
UK central bank leader reassures cash’s place with rising Britcoin

UK central bank leader reassures cash’s place with rising Britcoin

Amid growing fears that Britcoin, the UK’s central bank digital currency (CBDC), is going to supplant cash, Bank of England (BOE) governor Andrew B...
U.K. Set to Introduce Stablecoin Regulations Within Months, Says Circle Executive

U.K. Set to Introduce Stablecoin Regulations Within Months, Says Circle Executive

The United Kingdom is expected to implement regulations for stablecoins within a matter of months, according to Dante Disparte, the global head of ...
Circle exec predicts UK stablecoin laws coming in months, not years

Circle exec predicts UK stablecoin laws coming in months, not years

The UK is expected to pass stablecoin regulations soon, with Circle’s global policy head, Dante Disparte, predicting that the laws could be introdu...
Barclays Explores Use Cases and Framework for a Digital Pound in the UK

Barclays Explores Use Cases and Framework for a Digital Pound in the UK

Barclays is exploring the design and potential applications of a digital pound, with the goal of achieving smooth integration with commercial bank ...
Russia to Test Crypto For Cross-Border Transactions to Counter Sanctions: Bloomberg

Russia to Test Crypto For Cross-Border Transactions to Counter Sanctions: Bloomberg

Russia is preparing to launch trials for cryptocurrency exchanges and digital tokens for cross-border transactions to counter international sanctio...
Russian Parliament to Review Crypto Bills and Mining Legislation to Legalize Crypto: Bloomberg

Russian Parliament to Review Crypto Bills and Mining Legislation to Legalize Crypto: Bloomberg

The lower house of the Russian parliament, the State Duma, is set to review a cryptocurrency bill along with separate legislation on crypto mining ...
Russia Considers Allowing Stock Exchanges to Offer Crypto Trading for Qualified Investors

Russia Considers Allowing Stock Exchanges to Offer Crypto Trading for Qualified Investors

The Russian Ministry of Finance is considering allowing qualified investors to trade digital currencies on licensed exchanges, such as the Moscow E...
UK Election: Why Labour’s Big Win May Be Bad News for Crypto

UK Election: Why Labour’s Big Win May Be Bad News for Crypto

The Conservative government was unashamedly pro-crypto, but it's now lost power after a crushing defeat, with Labour "uninterested" in the sector. ...
Labour Party Wins UK General Election No Crypto Plans Stated

Labour Party Wins UK General Election No Crypto Plans Stated

The UK general election has resulted in a significant victory for the Labour Party. This latest development will help shape the country's policy la...