2023-05-19
Reuters
5 related
A UK Treasury Committee crypto report recommends that the government regulate trading and investment in unbacked crypto as gambling and not a financial service
Summary So-called “cryptoassets” span a wide and rapidly evolving range … Ledger Insights : UK Parliament's Treasury Committee wants crypto regulated as gambling Mastodon: Dare Obasanjo / @carnage4lif...
2023-03-14
Reuters
12 related
HSBC acquires Silicon Valley Bank's UK arm for £1, citing “strategic sense for our business”; as of March 10, SVB UK had ~£5.5B in loans and ~£6.7B in deposits
Sale Facilitated by Government, Bank of England Tweets: Jeremy Hunt / @jeremy_hunt : This morning, the Government and the Bank of England facilitated a private sale of Silicon Valley Bank UK to HSBC D...
2022-01-18
The Block
10 related
The UK government will increase scrutiny of crypto ads, bringing the marketing in line with other financial promotions, citing risk to buyers
Quick Take — HM Treasury said it would ramp up scrutiny of crypto advertising in the UK. — The move will bring crypto marketing within … Source: GOV.UK .
2021-04-19
The Block
17 related
The Bank of England and the UK Treasury jointly create a taskforce to explore a potential central bank digital currency
Quick Take — The Bank of England and HM Treasury have jointly created a CBDC taskforce. — They will explore a potential digital currency in the U.K.
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