The UK will issue an official NFT (sigh)
sometime this summer. More details aren't yet available but Economic Secretary John Glen billed the token as a symbol of the"forward-looking approach" the country was taking toward crypto technologies.
The NFT will come as part of a broader effort to support financial technology, and crypto in particular. The UK government aims to create a"dynamic regulatory landscape" that welcomes the technology, according to Glen. It now plans legislation that will welcome into the country's payment infrastructure, will mull the legal status of Decentralized Autonomous Organizations and hopes to remove"disincentives" to investment funds that include crypto.The Financial Conduct Authority has already been experimenting through a regulatory sandbox, and plans its first in a series of policy"crypto-sprints" this May.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
UK hits record Covid-19 levels with nearly 5M infectedPrevalence of Covid-19 in the UK reaches record levels, with about 1 in 13 people estimated to be infected with the virus in the past week
Read more »
UK hits record COVID-19 levels; nearly 5 million infectedThe prevalence of COVID-19 in the U.K. has reached record levels, with about 1 in 13 people estimated to be infected with the virus in the past week, according to the latest figures from Britain’s official statistics agency.
Read more »
UK police arrest 83 as climate activists blockade oil terminalsBritish police said they had arrested 83 people in Essex, east of London, in the space of 48 hours as climate change protesters blockaded oil terminals.
Read more »
UK hits record COVID-19 levels; nearly 5 million infectedCOVID-19 has reached record levels in Britain, with about 1 in 13 people estimated to be infected with the virus the past week, data show. Hospitalizations and deaths are rising, although deaths are still relatively low compared with earlier this year.
Read more »
UK reaches record Covid levels with nearly 5 million casesAbout 1 in 13 people are estimated to have been infected with Covid in the past week in the U.K., according to the latest figures from Britain’s official statistics agency.
Read more »
UK hits record COVID-19 levels; nearly 5 million infectedThe latest figures from Britain's statistics agency show the prevalence of COVID-19 in the U.K. has reached record levels. It says about 1 in 13 people are estimated to be infected with the virus in the past week. Some 4.9 million people were estimated to have the virus the week ending March 26, up from 4.3 million.
Read more »