UK Treasury Partners with HSBC for Blockchain-Based Digital Gilt Pilot: A Leap or a Limp? The UK Treasury has made a gutsy move by selecting HSBC Holdings Plc’s blockchain platform to spearhead a pioneering digital gilt pilot, aiming to tokenize sovereign debt and drag the gilt market into the 21st century. Under the strict oversight […]
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UK FCA Enforcement Guide Update: What It Means for Bitcoin and Crypto Regulation The UK’s Financial Conduct Authority (FCA) has unveiled a pivotal update to its Enforcement Guide on June 3, 2024, aiming to ramp up transparency in its investigative processes. As Bitcoin and the broader cryptocurrency sector stand on the brink of stricter oversight […]
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UK Treasury Exempts Crypto Staking from Collective Investment Scheme Rules The UK Treasury has announced a game-changing decision for the crypto world, exempting crypto staking from being classified as a collective investment scheme (CIS). Effective from January 31, 2025, this move promises a more straightforward regulatory path for blockchains like Ethereum and Solana. UK Treasury […]
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