The UK government is hiring for the head of their CBDC programme. The pay is dreadful and the project is doomed.

via Cryptocurrency News & Discussion https://www.reddit.com/r/CryptoCurrency/comments/11ivky1/the_uk_government_is_hiring_for_the_head_of_their/ The UK government is/was hiring for a role entitled "Head of Central Bank Digital Currency", evidently a hiring to accelerate their mission to release a digital CBDC version of the British Pound, as suggested here. There is one problem however, the position's pay caps out at £66.5k. Admittedly, this is more than I earn, […]

Nationwide (UK bank) restricts crypto payments

via Cryptocurrency News & Discussion https://www.reddit.com/r/CryptoCurrency/comments/11f80zg/nationwide_uk_bank_restricts_crypto_payments/ Not an outright ban, but max limits of £5000 daily with a debit card and no purchases with a credit card. Not going to effect a lot of people I guess as bank transfer is still open. But an interesting development. Statement as follows: The Financial Conduct Authority (FCA), who regulate the financial services […]

If your Moons could buy you a house today, would you do so? Here’s how many Moons a 70m2 (~753 sqft) house would cost you, per country

via Cryptocurrency News & Discussion https://www.reddit.com/r/CryptoCurrency/comments/11djdis/if_your_moons_could_buy_you_a_house_today_would/ Had this funny thought experiment today, based on the post stating that Moons are worth more than 100 different currencies (the original one, not the copy pasta from "news" outlets)! Got some data and decided to make the conversion using today's prices. I chose an area of 70m2 (~753 sqft) because it is a […]

The UK government promises robust crypto regulation

via Cryptocurrency News & Discussion https://www.reddit.com/r/CryptoCurrency/comments/11apcc8/the_uk_government_promises_robust_crypto/ One of mainstream media's biggest, the BBC, is reporting on the government's plans with cryptocurrency regulation: The Treasury says its proposals – which it's now consulting on – will: lay down rules on crypto-asset promotions which are fair, clear and not misleading enhance data-reporting requirements, including with regulators implement new regulations to prevent so-called […]