CRYPTOCURRENCY
Financial services reforms advance UK crypto ambitions.
The U.K. Chancellor of the Exchequer, Jeremy Hunt, proposed many financial services industry changes to "promote development and competitiveness." The measures include consulting on a central bank digital currency (CBDC) and prolonging investment managers' crypto tax exemption.
Leading Chinese Filecoin Miner Maker IPFSMain Suspends All Products
One of the leading Chinese Filecoin mining machine providers, IPFSMain has suspended sales of all products.
Belgium’s FSMA Blacklists More Crypto Investment Businesses Following Customer Complaints
Belgium’s Financial Services and Markets Authority (FSMA), a body mandated with the oversight and regulation of the nation’s financial services sector, has opted to add more crypto investment businesses to its blacklist for fraudulent activities. According to an official announcement, this decision was sparked by new cries aired by customers about cryptocurrency investment offers meant to swindle them.