Letters: Britain’s best in class NFT April 6, 2022 [Re: Sunak sets out plan to turn UK into ‘global hub’ for crypto, April 4] Rishi Sunak’s plans to turn the UK into a ‘global hub’ for crypto are a much-welcomed step in the right direction if Britain’s financial services industry is to remain world class – but we need to make sure our country’s [...]
Explainer: Why the Treasury is sold on the promise of stablecoins April 6, 2022 The UK was left reeling this week by the revelation that Rishi Sunak intends to turn the UK into a "global hub" for crypto assets.
Michael Saylor’s MicroStrategy snaps up another 4,167 Bitcoin – worth $190 million April 5, 2022 MicroStrategy has made another huge Bitcoin purchase, acquiring 4,167 BTC to add to its enormous crypto holding.
Twitter CEO appoints billionaire entrepreneur Elon Musk to board April 5, 2022 Twitter’s new CEO Parag Agrawal has appointed Elon Musk to the board, after the billionaire tech entrepreneur was revealed as the platform’s largest shareholder yesterday. Based on Friday’s market close, Musk’s 9.2 per cent stake is worth some $2.89bn (£2.2bn), though just a fraction of his net worth of $233bn (£178bn). “He’s both a passionate [...]
Sunak’s crypto ambitions are simply not ambitious enough April 5, 2022 Crypto AM's Nigel Green argues that the UK can reap economic rewards if the Treasury goes further in its bid to be crypto friendly.
Cryptocurrency markets uncertain ahead of major Bitcoin conference April 5, 2022 The relative calm in the crypto markets continues today, with the Bitcoin (BTC) price up one per cent over the past 24 hours to around $46,600.
Regulating for a decentralised future April 4, 2022 Dr Jane Thomason draws from her experience at the recent AIBC summit to look at the latest regulatory thinking.
Industry welcomes plans to turn UK into global crypto hub April 4, 2022 The UK's crypto industry has welcomed the Treasury's plans to transform Britain into an international centre for digital assets.
Giving crypto the ministerial seal of approval comes with responsibilities April 4, 2022 As Rishi Sunak is finding out, value can be volatile. Last year he was the odds-on favourite to replace Boris Johnson in Number Ten, popular with Tory party members and (for a Cabinet minister, at least) the public at large. Alas this year, though Sunak has done very little differently, his stock isn’t quite flying [...]
The City View: Consumer confidence dips, and the Treasury aims high April 4, 2022 Today Andy Silvester chats to City A.M. reporters Jack Barnett and Lily Russell-Jones. Jack takes us through the latest consumer confidence data from PWC, as the numbers show the sharpest rate of decline since the financial crisis in 2008, and asks whether this will translate to the job market. Lily discusses Rishi Sunak’s plans to [...]