Key highlights: The UK’s new crypto ETN proposal allows 10% digital asset exposure for retail funds. The move supports the country’s efforts to foster mainstream crypto adoption. Many European countries have already taken similar moves. The United Kingdom is taking a major step in bolstering the mainstream adoption of crypto. Under a new crypto ETN […]
Tag: UK
By admin The Bank of England is actively exploring regulatory measures that could effectively prohibit self-custodial stablecoin wallets across the United Kingdom. During recent testimony before the House of Lords, BoE officials signaled a strong preference for requiring stablecoins to be held exclusively in regulated accounts that adhere to strict know-your-customer and anti-money laundering standards. […]
By Peter Wind NFTs have turned from a niche product for hardcore cryptocurrency enthusiasts to a lucrative market with hundreds of millions of dollars changing hands on a daily basis. But where there’s profits to be made, there’s usually also taxes to be paid, and this also holds true for NFTs in most jurisdictions around […]