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Status of Digital Assets to Be Determined Under English Private Law by UK Government-Led Task Force

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A public consultation has been launched by British government-led jurisdiction team to determine the status of digital assets under the English private law, noted an official statement on 9 May 2019. As per the statement, the existing legal uncertainty around the blockchain sector is cited as a major reason for the reluctance of investors towards cryptocurrencies by the United Kingdom Jurisdiction Taskforce (UKJT). The Judiciary …


The Prince of Wales and Blockchain

The Prince of Wales and Blockchain

Bblockchain as an emerging technology continues to attract accolades from high places. The recent remark from heir apparent to the British throne and Prince of Wales – of the conservative institution – according to a Tweet by Misha Lederman, Co-Founder of IAmDecentralized.org, has got many thinking if there’s a future for Bitcoin in Great Britain. Prince Charles’s response on the …


Pay for Your Scottish Rickshaw Ride with Bitcoin

Pay for Your Scottish Rickshaw Ride with Bitcoin

Yahoo Finance has reported on the story of how a rickshaw company in Scotland is accepting Bitcoin payments via the fast and cheap second layer solution for Bitcoin called Lightning Network. The Rickshaw Touring Co, which has five to ten crypto-enabled pedal rickshaws touring the streets of Glasgow, has partnered with startup Fastbitcoins.com, to offer this option and is considering …


UK Senior Lawyer: Mainstream Use of Crypto Inevitable

UK Senior Lawyer_ Mainstream Use of Crypto Inevitable

United Kingdom High Court Chancellor and British Judge Sir Geoffery Vos said smart contract and cryptocurrency would inevitably see mainstream use in society, as long as appropriate regulations are set in place. He relayed this message in a speech addressing the University of Liverpool School of Law and the Northern Chancery Bar Association. Sir Geoffery further noted that it was …


London Stock Exchange Boss: Blockchain Can Be Used in Securities Issuance, Settlement

Finland Financial Regulator Takes on Crypto Supervisory Role (1)

The CEO of the London Stock Exchange has told CNBC that blockchain could very well be used in issuing and settlement of securities, noting that DLT could play a future role in the British stock market. Nikhil Rathi revealed that the exchange had observed from its rivals that many new technological innovations and ideas were being trialed, and he believed …


UK FCA Adds 3 Blockchain Firms to Regulatory Sandbox

UK FCA Adds 3 Blockchain Firms to Regulatory Sandbox

The Financial Conduct Authority (FCA) of the United Kingdom has given the green light to three blockchain-based businesses to be part of the latest cohort of its regulatory sandbox. Yesterday’s announcement named Diro Labs as one of the blockchain companies accepted by the FCA for conducting tests on a “short-term and small-scale basis”. The startup is said to be utilizing “central …


Jaguar Land Rover and IOTA Hook Up for Crypto Rewards Scheme

Jaguar Land Rover and IOTA Hook Up for Crypto Rewards Scheme (1)

Prestigious Jaguar Land Rover has announced that it is currently testing software which will enable drivers of its vehicles to earn IOTA coins as a reward for sharing driving data. The company is not only Britain’s largest but one of its last auto manufacturers, as many UK companies have been taken on by overseas companies in recent decades. Britain has …


Brexit, Binance and Bitcoin: A New Era for Crypto in the UK?

Brexit, Binance and Bitcoin: A New Era for Crypto in the UK?

With the clock ticking on Britain’s much-debated exit from membership of the EU and all that means if a decision is finally agreed by September, where will this leave the UK in European Crypto Space? In a position of strength, or cut-off from its legislative support on the other side of the channel? Well, no man is an island, according …


The Balance Is Shifting, but Only 20% of Those in Tech-Related Fields Are Female

New York Blockchain Week is back on 10-17 May, although it doesn’t seem like almost a year since the Lambos cruised down Manhattan’s Fifth Avenue, yet again the lack of female reps from the Blockchain industry highlights the fintech’s gender imbalance. The second of such events hosted by CoinDesk and the New York City Economic Development Corporation is expecting industry …


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