Crypto Taxes and Crypto Bonds as UK Bids to Become a “Global Cryptoasset Hub,” Chancellor to Mint an NFT

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Fraudsters use royal couple to promote scam, here's all that's going to change in the U.K

The Financial Conduct Authority (FCA)has been raising concerns around crypto advertising for quite some time. Now, Chancellor of the Exchequer Rishi Sunak is planning to tighten crypto advertising rulThe post Fraudsters use royal couple to promote scam, here's all that's going to change in the U.K appeared first on AMBCrypto.

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Ex UK chancellor advises against investing in cryptocurrencies

Lord Hammond cautioned that crypto is not as suitable an investment for retail investors… The post Ex UK chancellor advises against investing in cryptocurrencies appeared first on Coin Journal.

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Ex European chancellor advocates for crypto for financial competitiveness

Philip Hammond, a British politician and a former Chancellor of the Exchequer between 2016 and 2019, has announced that digital assets can be used to lessen the effects of post-Brexit. The UK is currently passing through a tough post-Brexit period, and according to Hammond, the UK needs to adopt cryptocurrencies to ensure that it is […] The post Ex European chancellor advocates for crypto for financial competitiveness appeared first on Invezz.

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UK Treasury-Ordered Report Calls for A 5 Point Plan; Includes FinTech Fund & Crypto Regulation

Treasury report based on the U. K. fintech, concludes govt needs to run a specific regime for Crypto-asset's regulations and control. U. K. chancellor, Rishi Sunak, triggered that review back in March 2020, under Ron Khalifa's supervision (former WorldPay boss).

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U.K. Classifies Cryptocurrencies as Property Under English Law

The U. K. is now the latest jurisdiction to classify cryptocurrencies and virtual assets as property. The Times reports that a legal panel chaired by Sir Geoffrey Vos, Chancellor of the High Court reached the decision which presents significant implications for the legality of cryptocurrencies and blockchain assets in the U.

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UK Chancellor Gives Official Opinion on Benefits and Risks of Facebook’s Libra

The chancellor of the United Kingdom, Philip Hammond, has been recently featured on CNBC’s Squawk Box to talk about the upcoming Libra, the crypto created by Facebook. He talked about the dangers and possibilities that surrounded it and whether it would need a banking license or not. According to Hammond, Libra will have an effect […]

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Facebook’s Libra Triggers US & UK Alarm Bells; Will Bitcoin Take a Beating?

On CNBC’s Squawk Box, Philip Hammond, the Chancellor of the Exchequer and a senior official within the government of the U. K. , said that Libra, a crypto asset developed by a consortium of companies including Facebook, poses a risk to the global financial system.

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UK drafts collaborative plan to crack down on cryptocurrency crime

The UK government is seeking to crack down on the use of crypto assets for money laundering or other illicit activities. To do so, the government has published the Economic Crime Plan, agreed between the Chancellor Philip Hammond, Home Secretary Sajid Javid, and heads of law enforcement, major financial institutions and legal, accountancy and property organisations.

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Crypto Assets And Smart Contracts Will Eventually Enter Into Social Fabric, UK Lawyer Affirms

Sir Geoffery Vos, Chancellor of the High Court in the United Kingdom, has recently talked about how cryptocurrencies and smart contracts are inevitable, but they should be regulated in order to provide society with the best results.

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Cryptocurrency and Smart Contracts Will For Sure Enter Into Society, Says Senior UK Lawyer

According to the Chancellor of the High Court, both crypto and smart contracts will ultimately “pass the starting line” in the U.K.

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