Altcoins
Ripple partners with Onafriq for African cross-border payment channels
The partnership aims to reduce the high costs and lengthy transfer times associated with traditional remittance payments.
Zoltan Vardai
Lens
UK
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Regulation
PayPal registers crypto service with UK FCA
The registration enables PayPal to advertise its crypto services to U.K. customers.
Zoltan Vardai
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Regulation
Singapore, Japan, Switzerland and U.K. to collaborate on digital assets pilots
The MAS said that its previous tokenization pilots demonstrated great potential benefits of the technology.
Zoltan Vardai
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Regulation
UK plans to introduce fiat-backed stablecoin rules in early 2024
The U.K. intends to introduce rules on fiat-backed stablecoins in early 2024, according to the government’s latest cryptocurrency policy update published on Monday. See related article: Singapore, Thailand clarify crypto rules; NFTs become new cultural frontier Fast Facts See related article: Blockchain tech in Thailand gets boost from new pro-crypto lead
Zoltan Vardai
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Regulation
Binance loses two more top execs in UK and France
Global regulatory pressure on the world’s largest exchange continues to take its toll.
Will Fee
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Bitcoin News
UK emerges as world’s third-largest economy in terms of crypto transaction volume: Chainalysis
The U.K. is also listed as the 14th economy on Chainalysis’ Global Crypto Adoption Index.
Zoltan Vardai
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Regulation
Binance halts new user registration in the U.K.
The exchange added that it will also stop releasing new products and services in the country.
Zoltan Vardai
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NFT Marketplaces
UK committee calls for tighter NFT copyright and fan token measures
The committee said fraudulent non-fungible token advertising could harm both NFT artists and investors.
Zoltan Vardai
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Regulation
JPMorgan’s U.K. bank Chase bans payments linked to crypto
Chase, the U.K.-based digital bank, told customers Tuesday in an email that it will ban U.K. clients from making crypto-related payments.
Danny Park
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Regulation
Could Rishi Sunak’s blockchain dream live on without him?
This final installment of a 3-part series on the U.K. digital asset industry looks at the politics driving the British crypto conversation. PM Rishi Sunak is a believer, but an election’s coming up, and his rivals appear less keen on turning the U.K. into a global crypto hub.
Will Fee
