Tag: the UK
Could 2022 be the year of the CBDC?
With the rise of cryptocurrencies showing no signs of slowing down, the growth of central bank digital currencies (CBDC) appears to be another trend on the ascendancy. Will 2022 prove to be a red-letter year for CBDC adoption?
UK payments infrastructure upgrade could fuel $3.8bn GDP bounce
The upgrading of the UK’s payments infrastructure and real-time payments adoption has been forecasted to boost the UK economy by $3.8bn by 2026, research has found. Â
UK sets out plans to become global cryptoasset technology hub
The UK government has unveiled its plans to make the country a global centre for cryptoasset technology.
US and UK agencies warn of Iranian cyberattack risk
Government agencies in the US and the UK have warned of the growing risk of cyberattacks by an Iranian threat actor against public and private organisations.
UK’s European Affairs Committee launches UK-EU financial services inquiry
The UK’s European Affairs Committee in the House of Lords has launched an inquiry into how the UK and EU’s relationship in the financial services sector.
Majority of Brits want government to focus on financial stability post-Brexit
Opinium has found 91% of UK citizens want the government to focus on the future stability of the financial system rather than to promote international competitiveness post-Brexit.
UK Treasury Committee calls for government action on fraud and scam...
A new report by the UK’s Treasury Select Committee has called on the government to work harder to tackle the ‘growing fraud epidemic’ in the UK.
UK’s NCSC unveils new guidance to help fight phishing scams
The UK’s National Cyber Security Center (NCSC) has published new guidance for companies to follow when speaking with customers through phone calls or SMS.
UK lawmakers underline key stability and privacy risks of CBDCs
A report by the House of Lords’ Economic Affairs Committee has warned how a digital pound could harm financial stability, raise credit costs and erode privacy.
UK’s CMA warns Monzo over banking order breach
The UK’s Competition and Markets Authority (CMA) has warned Monzo over a breach of retail banking regulations.