U.K
UK Digital Pound Probably 5 Years Away: Millicent Labs Co-Founder
On the heels of Rishi Sunak becoming U.K.'s next prime minister, Millicent Labs co-founder Kene Ezeji-Okoye discusses the outlook for the country's digital pound and private stablecoins. "U.K. digital pound is probably 4 to 5 years away before it sees the light of day," Ezeji-Okoye said, adding "We will see private stablecoins regulated here in the U.K. sooner rather than later."
Crypto-Friendly Rishi Sunak Named New UK Prime Minister
Rishi Sunak, who shepherded the U.K.’s new crypto ambitions during his time as finance minister, has been chosen to be the country’s next prime minister following Liz Truss’ resignation last week. "The Hash" team discusses what this means for the future of crypto adoption and regulation in the U.K.
UK Finance Minister Kwarteng Fired; Crypto Trading Firm NYDIG Lays Off About 33% of Staff
U.K. Finance Minister Kwasi Kwarteng has been fired by Prime Minister Liz Truss after the tax cuts he announced in September sent financial markets into a tailspin. Plus, Bitcoin services company NYDIG has laid off around 100 people, according to CoinDesk sources.
South Korea Reportedly Asks Interpol to Issue Red Notice for Do Kwon; UK Regulator’s FTX Warning
According to a Financial Times report, authorities in South Korea are asking Interpol to issue a “red notice” for Do Kwon, the co-founder of the now-defunct stablecoin issuer Terraform Labs, as his current location is unknown.
FTX Europe in Talks With British Regulators to Expand Into the UK
The country has set a March 31 deadline for crypto firms to register with the Financial Conduct Authority.
Argo Blockchain Answers Crypto Mining's ESG Challenge
U.K.-based crypto miner Argo Blockchain is calling itself the first publicly-traded cryptocurrency miner to become "climate positive." CEO Peter Wall discusses how his firm has "gone beyond net zero" in carbon emissions and whether renewables-focused mining could push the bitcoin price up further. Plus, his take on the impact of China's crackdowns on mining operations and plans for Argo to go public in the U.S.
UK Police Recover $22M in Stolen Crypto From Scammers
Police are looking to return the stolen assets to their owners, who are located around the world.
UK Starts Consultation on Applying 'Travel Rule' to Crypto
The rule should be applied consistently “regardless of the technology being used to facilitate transfers,” the Treasury said.
NatWest Blocks Payments to Binance as Starling Joins the Chorus
The bank joins Santander and Barclays among major banks blocking U.K. customers from purchasing crypto on Binance.
Watford FC Signs Sponsorship Deal With Crypto Betting Platform Stake.com
The partnership extends Watford's association with crypto-related firms, following its prior sponsorship by Sportsbet.io.
