Tag: Rishi Sunak
Crypto welcomes Sunak as understanding sector’s ‘extraordinary importance’ for UK
Whether the appointment of Rishi Sunak as Prime Minister will calm a period of elevated turbulence within UK politics remains to be seen, nonetheless,...
House of Commons votes to recognise crypto as a regulated financial...
UK lawmakers have voted in favour of including cryptocurrencies to be regulated as a financial instrument within its Financial Services and Markets Bill.
The vote...
UK Treasury unveils first crypto bill to Parliament
The UK’s first proposed crypto asset bill was proposed in front of Parliament last Wednesday and will be further debated in the coming days.
The...
UK Treasury preparing for regulation of stablecoins
The UK Treasury is planning legislation that will provide a regulatory framework around stablecoins according to Bank of England Deputy Governor Jon Cunliffe, who...
Bank of England’s Cunliffe ‘crypto to be the future leader’
Bank of England Deputy Governor, Jon Cunliffe, stated that he believes crypto firms will survive the current crash and go on to become dominant...
Rishi Sunak maps out plans to make UK a hub for...
Taking steps to roll out a wider plan for the regulatory framework of crypto in the UK, the Treasury detailed its agenda to make...
BGC map out recovery plan with caution to review over 2005...
The Betting and Gaming Council (BGC) has stated that the “well-meaning but naive changes to regulation” suggested as part of the review of the...
EU orders SWIFT removal of seven Russian banks
In a statement issued today, the European Union has announced that a total of seven Russian banks will be taken off from SWIFT.
The move...
Sunak’s post-COVID budget met with mixed reaction from UK fintech
As the dust settles on the latest budget from Rishi Sunak, it seemingly led to a mixed reaction from the UK fintech sector.
Previous relations...
UK contactless limit to increase to £100 from 15 October
UK Finance has announced the spending limit for contactless transactions will increase to £100 from 15 October onwards, following on from the announcement of...
