The Financial Services and Markets Bill, which sweeps parts of crypto into financial regulation, came under scrutiny in the UK Parliament, where members of the House of Lords called for greater regula...
Tag: Lords
SmileyWorld, Epik, and IGG Games Launch a Kingdom Smiles Collaboration in Lords Mobile, Complete With NFT Collectibles
In collaboration with IGG Games, SmileyWorld branded NFT digital items will appear in Lords Mobile for a limited-time event beginning September 30, 2022, that includes collectible NFTs for players pow...
The Lords of Money Pose Massive Threats to Markets
Think the Fed’s job is hard? At least the U.S. Federal Reserve can concentrate on fighting inflation. In Japan and Europe, the central banks are battling the markets, not merely price rises. That’s le...
UK Lords Economic Affairs Committee Publishes disparaging Report on “Britcoin”
The Lords Economic Affairs Committee has recently published their report on central bank digital currencies (CBDCs), providing their findings on digital currency and outlining what they perceive to be...
House of Lords Committee Sees No Convincing Case for UK CBDC
CBDC is like two sides of a coin – it has its advantages and disadvantages Economic Affairs Committee has set up the enquiry in September Digital currency may drain bank deposits and reduce privacy Th...
House of Lords Raised Serious Concerns over UK CBDC Launch
An all-party committee of the United Kingdom’s House of Lords warned on the concerns of financial instability from the proposed launch of a central bank digital currency (CBDC). It wanted that the lau...
House of Lords Committee Sees ‘No Convincing Case’ for UK CBDC
The Bank of England, in common with central banks of almost every other major economy across the world, is exploring a potential CBDC as a means of addressing the decline in the use of cash, expeditin...