ZEN INVESTING
NVIDIA Partners with the UK to Revolutionize AI Infrastructure and Economic Growth
NVIDIA collaborates with the UK, investing in AI infrastructure to drive innovation, economic growth, and job creation, marking a significant step in the AI industrial revolution.
LinksDAO and Spey Bay Golf Club
"LinksDAO" may acquire a $900,000 Scottish golf course. Voting closes on Feb. 22 at 12pm ET, with 88% of voters supporting the acquisition.
The United Kingdom Tax Reform Council Launches Campaign Against Bank of England
UK Tax Reform Council and Bitcoin community worry over Bank of England's CBDC intentions.
The United Kingdom's Financial Conduct Authority is cracking down on unregistered cryptocurrency
West Yorkshire crypto ATM operators were penalized by the Financial Conduct Authority.
U.K. Central Bank and Treasury Believe Digital Pound is Needed
The Bank of England predicts a UK CBDC by 2030.
U.K. Treasury Proposes Ambitious Crypto Regulations
The UK Treasury labelled algorithmic stablecoins "unbacked crypto assets" rather than banning them.
Poundtoken and BitcoinPoint will make the country's first 100% backed GBP stablecoin
Two UK firms employ ATM stablecoins to make Britain a "crypto centre."
Charity Commission investigating Effective Ventures Foundation over ties to FTX
The Charity Commission for England and Wales began the probe because crypto exchange FTX is a "major sponsor" of Effective Ventures Foundation.
The U.K. government is recruiting for a head to its central bank digital currency project
The U.K. is hiring a central bank digital currency (CBDC) chief to establish a digital pound. CBDCs promise financial inclusion and lower corporate and consumer expenses. A former Bank of England senior advisor opposed CBDCs. In 2021, 23 million Brits did not use cash, and fewer than 15% of payments are done using cash.
The UK's Regulatory Policy Committee is Against the FCA
The Regulatory Policy Committee thinks the 2021 action is unjustified now. The Department for Business, Energy, and Industrial Strategy funds the committee. The restriction is "red," meaning it's unsuitable.