A long-running backer of the crypto industry, billionaire hedge fund manager Alan Howard recently invested in two digital asset startups.
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Stablecoins not that radical, says Bank of England official
The Bank of England’s executive director of the Financial Market Infrastructure Directorate says that stablecoins are hardly “launching us off into some brave new world.”
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21shares to Launch Bitcoin ETP for Institutional Investors in the UK
Switzerland-based 21shares announced it’s going to offer its crypto exchange-traded product (ETP) to institutional investors in Britain. The platform said the aim is to provide
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Investment product issuer 21Shares will list Bitcoin ETP on Aquis Exchange
The announcement comes the same day as ETC Group’s Bitcoin ETP began trading on the same exchange.
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BoE tackles ‘difficult and pertinent’ questions about digital money
The Bank of England has published a new discussion paper that tries to gauge the systemic implications of both private stablecoins and a central bank
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51 crypto firms withdraw licensing applications in the UK
The inability to satisfy Anti-Money Laundering standards set by regulators in the United Kingdom is reportedly forcing many crypto companies out of business.
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