Delivering the Queen’s Speech, Prince Charles outlines the British government's plans that support the safe adoption of cryptocurrencies. crypto cryptocurrency bitcoin $BTC
UK Outlines Plans to Support Crypto Adoption, Create More Powers to Seize and Recover Digital Assets
Delivering the Queen’s Speech, Prince Charles outlines the British government’s plans to support the safe adoption of cryptocurrencies and create “powers to more quickly and easily seize and recover crypto assets.”The U.K. government outlined its legislative agenda for the next parliamentary year in the Queen’s Speech delivered Tuesday by Prince Charles, the monarch’s son and first in line to the throne.
Speaking to both the House of Lords and the House of Commons, Prince Charles detailed numerous commitments that Her Majesty’s government will carry out. He mentioned that 22 bills will be introduced, telling parliament that the government’s “priority is to grow and strengthen the economy and help ease the cost of living for families.”
One of the bills is the “Financial Services and Markets Bill,” according to the background and briefingof the Queen’s Speech posted on the government’s website. The purpose of this bill is to “maintain and enhance the U.K.’s position as a global leader in financial services” and “seize the benefits of Brexit,” the document details.
“The creation of a civil forfeiture power will mitigate the risk posed by those who cannot be criminally prosecuted but use their funds to further criminality,” the Queen’s Speech briefing note describes.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
2022 Bitcoin Obituaries List Outpaces First 3 Years, Schiff Says Its ‘Highly Likely Bitcoin Will Crash Below $10K' – Featured Bitcoin NewsThe last obituary written about bitcoin, claims the leading crypto asset follows the “greater fools” scenario.
Les mer »
UK government targets crypto in latest legislative agendaThe British (regulators) are coming! The United Kingdom introduces two bills relating to the seizure and support for crypto following remarks by Prince Charles at the State Opening of Parliament.
Les mer »
Crypto market tumult continues as bitcoin slips below $30,000Bitcoin's price traded below $30,000 late Monday amid continued turbulence in the crypto market.
Les mer »
Bitcoin's price is down over 50% from November all-time highs amid crypto market compressionBitcoin’s price is down over 50% from November all-time highs amid crypto market compression
Les mer »
El Salvador Buys 500 Bitcoins Amid Crypto Bloodbath – Featured Bitcoin NewsEl Salvador has bought the bitcoin dip. Amid a heavy crypto market sell-off, the Salvadoran president announced that his country has purchased 500 more bitcoins.
Les mer »
Galaxy Digital reports $112M Q1 loss, citing crypto price volatilityWhat would you do if you lost $112 million? Crypto's volatility hits everyone, even institutions as big as GalaxyDigitalHQ. See what it reported for Q1.
Les mer »