The UK is pushing out crypto and making it impossible to deposit for any newcomers.

via Cryptocurrency News & Discussion https://www.reddit.com/r/CryptoCurrency/comments/12lsnlf/the_uk_is_pushing_out_crypto_and_making_it/ Resources : https://www.bankofengland.co.uk/the-digital-pound https://decrypt.co/122666/uk-crypto-crackdown-which-british-banks-buy-bitcoin?amp=1 https://www.reuters.com/world/uk/britains-nationwide-curbs-cryptocurrency-purchases-by-customers-2023-03-02/ The Bank of England wants to issue a digital version of the current legal tender. Pounds and pence. It will be backed by the Bank of England. It will be protected by them. They’ve stated it won’t be classified as ‘crypto’ but rather a branch of the UK’s currency. […]

How countries regulate and treat crypto now may have huge impact on their development and economy for decades to come.

via Cryptocurrency News & Discussion https://www.reddit.com/r/CryptoCurrency/comments/12kxhdc/how_countries_regulate_and_treat_crypto_now_may/ Most people thinking about crypto regulations and governments attitute toward crypto think just about here and now, which is not how it works. Decisions like this have long term impact much higher than short term impact. For example prohibition in US had small impact in first few years. But over time with Great Depression […]

What country, besides the US, would have been the the most influential to adopt bitcoin as an official currency instead of El Salvador?

via Cryptocurrency News & Discussion https://www.reddit.com/r/CryptoCurrency/comments/12kk6p9/what_country_besides_the_us_would_have_been_the/ El Salvador really took the reigns and is challenging the world on crypto and bitcoin, but it's a relatively "poor" country with not a lot of political or financial weight to throw around. We all know if the United States would have adopted bitcoin as an official currency then the price action on BTC […]

Could CBDC’s open the pathway for wider crypto adoption?

via Cryptocurrency News & Discussion https://www.reddit.com/r/CryptoCurrency/comments/12jgnqv/could_cbdcs_open_the_pathway_for_wider_crypto/ CBDC’s have been gaining a lot of attention lately. Multiple countries are considering CBDC’s, including the US, the UK and many others. Whilst they’re not decentralised, and do not provide utility to the crypto space itself, CBDC’s are fundamentally built on blockchain technology. Could this open the pathway to a wider understanding of blockchain […]