A stock graph is seen with a representation of bitcoin in this picture illustration taken taken March 13, 2020. REUTERS/Dado Ruvic
LONDON, July 28 (Reuters) - Britain should create a new category of private property law for digital assets like cryptocurrencies which are being used to make payments or represent other assets, independent body the Law Commission proposed on Thursday.
Authorities around the world are taking steps to regulate the crypto asset sector, which has grown rapidly and been labelled a "Wild West" by European Union lawmakers. read more
Cryptocurrencies, such as bitcoin, surged in price in 2020 and 2021, but have fallen sharply this year. NFTs - blockchain-based assets which represent digital files such as images, have also proliferated rapidly. read more
Rishi Sunak said in April, when he was finance minister, that he wanted to make Britain a global hub for crypto asset technology. He asked the Law Commission to review whether current laws can accommodate digital...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...