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UK Members of Parliament Launch Inquiry Amid Plans To Turn Country Into Global Hub for Crypto Investment

UK Members of Parliament Launch Inquiry Amid Plans To Turn Country Into Global Hub for Crypto Investment

A parliamentary group in the United Kingdom (UK) is planning an inquiry into the country’s crypto and digital assets industry. The bipartisan parliamentary group known as Crypto and Digital Assets All Party Parliamentary Group (APPG) says the inquiry will, among other things, look into plans by the UK government to turn the country into a […]

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El Salvador Inks $1,400,000,000 Funding Deal With IMF but Agrees To Wind Down Involvement in Chivo Bitcoin Wallet

British Lawmakers Say a CBDC Is Likely to Hurt Financial Stability — Digital Pound Benefits Overstated

British Lawmakers Say a CBDC Is Likely to Hurt Financial Stability — Digital Pound Benefits OverstatedAccording to British lawmakers, a central bank digital currency (CBDC) is likely to raise the cost of borrowing while hurting financial stability. They insist the touted potential advantages of a digital pound are being overstated. Erosion of Privacy British lawmakers have said the use of a central bank digital currency when making regular payments could […]

El Salvador Inks $1,400,000,000 Funding Deal With IMF but Agrees To Wind Down Involvement in Chivo Bitcoin Wallet