The various use case tests conducted by UK Finance in partnership with Quant, R3, DXC Technology, and Coadjute found that the Regulated Liability Network could
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Crypto Billionaire Flees London Over Offshore Tax Concerns
Christian Angermayer, a billionaire crypto investor, has reportedly moved from London to Switzerland as the UK considers tightening tax policies on offshore wealth. Angermayer’s relocation
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FCA Secures First Conviction for Illegal Crypto ATM Operation in UK
Olumide Osunkoya has pleaded guilty to illegally running a crypto ATM network across the UK. Even though the UK Financial Conduct Authority (FCA) denied his
Read moreBitcoin price falls as global recession and AI bubble fears send investors scrambling
Bitcoin’s price correction is driven by a weakening global economy, conflict in the Middle East, and concerns over an AI bubble.
Read moreTelegram Wallet temporarily blocked for UK users due to restructuring
Telegram users in the United States are also restricted from using the platform’s in-app wallet due to financial regulations.
Read moreBlockchain could help UK’s $14.5T payments sector, says trade group
Trade group UK Finance hailed experiments on the Regulated Liability Network as a success but called for further talks with regulators to develop the system.
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