A Year Ago

Restoring trust in digital assets

Written by Helen Disney from The Realization Group

2022 proved tumultuous for the blockchain and digital assets industry as one destructive event after another rocked the markets. The de-pegging of the Terra/Luna stablecoin, the $612m worth of Ethereum and USDC stolen in the Ronin Bridge attack and finally, the spectacular disintegration of cryptocurrency exchange FTX and its affiliate, Alameda Research, battered the industry and shattered the trust that many had in decentralised financial services (DeFi). By December 2022, cryptocurrency market cap was down 85%, and a new ‘crypto winter’ had set in. And, just as the...


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2 Years Ago

Treasury consultation underlines UK ambition to onshore crypto industry

Written by Roeland Van der Stappen at MWEK Solutions Ltd

 

 

Earlier this month, the UK Treasury published a long-awaited consultation paper for the UK’s upcoming crypto regulation. This is part of a push by Prime Minister, Rishi Sunak, to attract more crypto businesses and investment to the country and establish the UK as a global crypto hub. Crypto companies have long lamented that a lack of regulatory clarity has made it hard for them to do business in the UK, with only 15% of applicants having successfully met the Financial Conduct Authority’s (FCA)...


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Joined 7th February 2019