BoE governor Andrew Bailey highlighted that the UK already has a wholesale settlement system with a major upgrade.

BoE governor Andrew Bailey highlighted that the UK already has a wholesale settlement system with a major upgrade.
Mamoru Yanase said crypto needs the same safeguards as financial institutions and banks.
The Eurogroup confirmed its support for digital euro research and noted that some of the design and use elements under consideration would require political decision making.
While the FTX saga continues to make headlines, last week brought a plethora of new troubles for crypto companies in the United States, Europe and Asia.
The crypto lender claimed that the Cayman Islands Monetary Authority had placed “too much weight” on regulators' enforcement actions in its decision to deny registration.
Tony Yates, the former senior advisor of the Bank of England, argues that CBDCs are not worth the headache.
The potential stablecoin aims to enable cross-border transactions instead of fiat currencies like U.S. dollar, the Russian ruble or the Iranian rial.
A ruling from local courts has Bithumb liable to pay just over $200,000 in damages to the 132 investors which filed against the cryptocurrency exchange.
By allowing virtual banks, Thailand seeks to boost competition and economic growth.
A spokesperson for Bulgaria’s chief prosecutors denied claims that the investigation was prompted by the company's political donations.
What could the case of LBRY mean for future token projects in the United States?
Harrison said Bankman-Fried threatened to fire him on the spot and would destroy his professional reputation if he continued to confront the former FTX CEO.
The professor said a “Programming Bitcoin” course will follow the first Bitcoin course, where students will learn how to “build a Bitcoin library from scratch.”
The approval violates the New York climate law of 2019, plaintiffs claim. The facility was acquired by the Canadian crypto mining firm Digihost.
Cointelegraph will be on the ground as prominent figures from the cryptocurrency and blockchain space converge on Davos during the World Economic Forum.
Local stakeholders believe that a crypto mining moratorium might actually mean the beginning of a new dialogue between the government and the industry.
Grayscale appealed the SEC’s denial of its application to create a spot BTC ETF in June; the case “is moving swiftly,” according to the Grayscale chief legal officer.
Following the Jan. 12 raid on its Sofia offices, Nexo described prosecutors’ actions as a “kick first, ask questions later” approach.
Failure to comply with the new law could lead to a hefty fine of up to $2.7 million, ejection of profits and criminal investigation.
