The UK government will launch its own NFT in a bid to adopt Crypto technology

The UK government is experimenting with digital collectibles as it strives to turn its economy into a global hub of crypto assets. In a speech at the Global Innovate Finance Summit, UK Treasury Economic Secretary John Glen said the country’s currency provider has been instructed to create a non-fungible token (NFT). “The Chancellor asked the…

The UK government wants to make stablecoins a legal payment method

The UK is taking these and other steps to position itself as a global hub for crypto technology innovation, the Economic Secretary of the Treasury said at UK Fintech Week 2022. The UK is ready to bring stablecoins into its electronic payments regulatory framework, opening up the assets to wider adoption across the country. The…

Ottawa Court Freezes $20 Million in Cash, Bitcoin Donated to Truckers

The order aims to redistribute up to $20 million donated to the Freedom Convoy to the citizens of Ottawa. Residents of Ottawa, Canada, have filed a lawsuit against the Freedom Convoy 2022 protesters seeking up to $20 million of the total amount raised in donations worldwide to redistribute to the city’s citizens, The Globe and…