2022-10-19 12:30 |
The Law Commission of England and Wales is exploring how digital assets should be treated under existing and new legislation, and its suggestions may upend centuries-old legal norms.
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Cunliffe listed ways the technology that underlies crypto could make traditional asset trading more efficient, but added it did not mean regulators should ignore the risks.
2022-9-29 16:18 | |
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The Law Commission of England and Wales has proposed reforming existing laws, especially private property law, to protect cryptocurrency users and maximize the potential of the technology. The post England Law Commission recommends reforming property laws for digital assets appeared first on CryptoSlate.
2022-7-29 00:00 | |
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The Bank of England (BoE), the United Kingdom’s central bank, has reportedly begun developing a new framework aimed at bringing cryptocurrencies and stablecoins into various existing regulatory fields.
2022-3-25 06:00 | |
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The governor of the Bank of England, Andrew Bailey, believes that no existing cryptocurrencies will last. Talking about the design, governance, and arrangements of “a lasting digital currency,” the head of England’s central bank said, “I don’t think cryptocurrencies as originally formulated are it.
2021-1-27 03:15 | |
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Banks around the world are considering implementing digital currencies as part of their business. However, the majority of those that do, do not wish to use existing, decentralized coins that cannot be controlled.
2020-8-19 12:37 | |
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The 57-page paper released by the UK’s central bank outlines how CBDCs could be introduced to existing markets
2020-3-13 09:41 | |
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Financial stability was a key factor in the Bank of England's decision to hold stablecoin payment systems to the same regulatory standards as existing payment chains.
2020-1-28 00:05 | |
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The exchange could return as a FIU-registered firm after paying the fine, the report added.
This is the third test for the Province's new tool to combat money laundering.
The Federal Reserve continues to pilot a central bank digital currency, but will not issue one without executive branch and Congressional support, the report said.
India's most controversial crypto tax, the 1% TDS levy deducted at source, should be lowered to 0.01%, according to the findings of a new study.
Standard Chartered chose Dubai to launch crypto services from. However, reading between the lines, almost anywhere is preferable to the U.S. – that’s the message coming from banks and large institutions.
The finalized rules, set to be published in the EU's official journal, force crypto firms to report on customers' holdings to be shared between tax authorities.
Two years earlier, the exchange was warned by Japanese regulators that it was operating in the country without permission.
