Blog
Ripple Effect: Reshaping the Crypto Regulatory Landscape
Ripple, a leading fintech firm, celebrates a major victory in the US crypto scene. A court ruled XRP as not a security, nullifying the SEC's lawsuit. CEO Brad Garlinghouse hails it as a historic moment for Ripple and the crypto market.
UK Rejection to Regulate Crypto as Gambling
UK rejects gambling-like regulations for cryptocurrencies, opting for existing plans to tackle risks after FTX collapse. Disagrees with "halo effect" concern, emphasizes need for comprehensive measures. Global standards endorsed, deviation might drive crypto industry offshore.
EU-UK Trade and Cooperation Agreement Review
The report highlights the EU-UK Trade and Cooperation Agreement (TCA), ensuring fair trade, intellectual property rights, and a level playing field. It's expected to boost economic growth and cooperation between both parties.
Payment Systems Regulator Annual Report 2022/23
PSR ensures UK's secure payment landscape. Report highlights: CoP service to combat fraud, pro-competition measures, vision for open banking, and first regulated distributed ledger tech payment system worldwide.
Corporate Reporting Requirements: FRC Overview
FRC supports UK Gov's new reporting rules: Resilience Statement for risk management, triennial Audit Policy, annual profit distribution, and fraud prevention actions. Boosting trust, investment, stability, and UK economy's resilience.