UK

Europe keeps setting clean-energy records

3 days ago admin2 0
This week, two of the biggest economies in Europe set new records for clean energy. The UK’s electrical grid has not burned any coal for about 1,000 hours so far this year. Though it’s just a symbolic achievement, the pace at which the UK is reaching such figures shows the pace of the energy transition. Read More

UK Watchdog Welcomes First Crypto Startups to Regulatory Sandbox

1 week ago admin2 0
For the first time, the U.K.’s financial regulator is directly recognizing the potential of blockchain-related startups. For the latest and fourth cohort of startups for its regulatory “sandbox,” the country’s Financial Conduct Authority (FCA) has given access to 11 blockchain and distributed ledger technology-related companies – almost 40 percent of the 29 accepted. The regulator Read More

Regulatory Round-Up: U.K. Chief Blockchain Officer, DLT Cohort in FCA Sandbox, Central Bank Calls Crypto ”Fallacy”

1 week ago admin2 0
Regulation In recent regulatory news, U.K. minister, Eddie Hughes has published a report that advocates for the creation of a “Chief Blockchain Officer,” the U.K. Financial Conduct Authority has announced that a number of distributed ledger (DLT) companies have been accepted into cohort 4 of its regulatory sandbox, and Finland’s Central Bank has published a Read More

UK: 40% of Companies in Regulatory Sandbox Deploying Distributed Ledger Technology

2 weeks ago admin2 Comments Off on UK: 40% of Companies in Regulatory Sandbox Deploying Distributed Ledger Technology
The U.K. Financial Conduct Authority (FCA) has unveiled the 29 successful companies to apply to the fourth cohort of the regulator’s sandbox, whereof 40 percent are using distributed ledger technologies (DLT), according to an announcement published July 3. The regulatory sandbox is an initiative designed to help organizations test various products and services in a Read More

UK Central Bank Warns Financial Institutions on Cryptocurrency Risks

3 weeks ago admin2 Comments Off on UK Central Bank Warns Financial Institutions on Cryptocurrency Risks
Advertisement The Bank of England’s Prudential Regulation Authority reminded CEOs of financial institutions about potential pitfalls in getting involved with cryptocurrencies, cautioning how activity with crypto-assets could lead to “reputation risks.” In a letter dated June 28th to CEOs of banks, insurance companies, and designated investment firms, PRA Deputy Governor Sam Woods instructs Read More

Regulation Round-Up: Shapeshift COO Says U.S. Regulations Worsen, Germany to Protect Financial Stability not Individual Investors

4 weeks ago admin2 Comments Off on Regulation Round-Up: Shapeshift COO Says U.S. Regulations Worsen, Germany to Protect Financial Stability not Individual Investors
Regulation In recent regulatory news, the Shapeshift co-founder and chief operating officer, has given a damning appraisal of the current regulatory climate surrounding cryptocurrencies in the United States. The president of Germany’s Federal Financial Supervisory Authority, Felix Hufeld, has indicated that the principal concern of German regulators regarding cryptocurrency will be seeking to ensure financial Read More

UK Company Launches Crypto Mining Electric Bicycle

1 month ago admin2 Comments Off on UK Company Launches Crypto Mining Electric Bicycle
Mining 50cycles, a specialist electric bicycle manufacturer, has revealed what it has described as the world’s first range of cryptocurrency mining e-bikes. Toba, the new series of crypto mining bikes, are estimated to generate approximately £20 (approximately $26.5 USD) worth of ‘Loyalcoin’ per 1,000 miles ridden. Also Read: Study Reveals ASIC Miners Represent 30% of the Read More

China is luring Indian tech firms with market access and free rent

2 months ago admin2 Comments Off on China is luring Indian tech firms with market access and free rent
India’s trying to find ways to get into China’s $144 billion IT market. On May 27, an IT corridor was established between India and China to give Indian businesses a gateway into the neighbouring country’s thriving software market. NASSCOM, the Indian IT industry’s trade group, established a Sino-Indian Digital Collaborative Opportunities Plaza (SIDCOP) in the Read More

A huge bookstore chain is opening new locations pretending to be indie shops

2 months ago admin2 Comments Off on A huge bookstore chain is opening new locations pretending to be indie shops
The next time you step into a hushed, quaint bookstore, check the fine print. For the last four years, the UK bookstore chain Waterstones has opened small shops without its name in their storefront signs. Instead, the signage generically indicates the town in which the store is located: Southwold Books, in Southwold, for example. Monday Read More