UKPolitics
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🚨 Breaking News: UK Legalizes Crypto Ownership! 🚨
The UK has passed a bill legalizing cryptocurrency ownership, marking a huge step for the digital economy. But what you don't know? Ownership comes with strict regulations, including crypto taxation, limited privacy, and potential future moves toward a Central Bank Digital Currency (CBDC). Stay informed and compliant as the crypto landscape evolves!
#UKPolitics #binancelearntoearn #CryptoRegulation #CryptoNewss Taxation #DigitalEquality Currency #DOGSONBINANCE
The UK has passed a bill legalizing cryptocurrency ownership, marking a huge step for the digital economy. But what you don't know? Ownership comes with strict regulations, including crypto taxation, limited privacy, and potential future moves toward a Central Bank Digital Currency (CBDC). Stay informed and compliant as the crypto landscape evolves!
#UKPolitics #binancelearntoearn #CryptoRegulation #CryptoNewss Taxation #DigitalEquality Currency #DOGSONBINANCE
Challenges Facing Elon Musk's Social Media Platform X
Labour MP Dawn Butler has announced plans to summon Elon Musk to testify before the UK Parliament about his social media platform, X. Butler, a candidate for chair of the House of Commons Science and Technology Select Committee, along with fellow Labour MP Chi Onwurah, is pushing for an inquiry into X's use of algorithms and its role in spreading misinformation.
Musk's platform has been under fire for its role in fueling unrest in the UK, and the situation is further complicated by legal issues in Brazil, where X remains suspended due to non-compliance with local regulations. Despite Musk's objections, users in Brazil face fines for attempting to access the platform.
With calls for more transparency and accountability, Musk's leadership of X is coming under increasing scrutiny. Will these challenges reshape the future of social media regulation? Stay tuned for updates.
#Binance #TechNews #ElonMusk #SocialMedia #UKPolitics
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Labour MP Dawn Butler has announced plans to summon Elon Musk to testify before the UK Parliament about his social media platform, X. Butler, a candidate for chair of the House of Commons Science and Technology Select Committee, along with fellow Labour MP Chi Onwurah, is pushing for an inquiry into X's use of algorithms and its role in spreading misinformation.
Musk's platform has been under fire for its role in fueling unrest in the UK, and the situation is further complicated by legal issues in Brazil, where X remains suspended due to non-compliance with local regulations. Despite Musk's objections, users in Brazil face fines for attempting to access the platform.
With calls for more transparency and accountability, Musk's leadership of X is coming under increasing scrutiny. Will these challenges reshape the future of social media regulation? Stay tuned for updates.
#Binance #TechNews #ElonMusk #SocialMedia #UKPolitics
$BTC
$ETH
$BNB
$BTC $ETH $BNB
🚨 Major Update in the UK! 🚨
Chancellor Rachel Reeves is preparing to announce a £19 billion gap in public finances, highlighting the NHS, prisons, and schools as major pressure points. Tax increases are expected this autumn!
💸Key points:-
£19 billion shortfall for 2024-25- Potential for inflation-adjusted pay deals-
Possible efficiency savings and project delays-
No return to austerity, according to Sir Keir StarmerWhat are your thoughts? Will these measures help stabilize the economy? Share your opinions below! ⬇️
#Economy
#Bitcoin_Coneference_2024
#UKPolitics
#PublicFinance
#ETH_ETFs_Trading_Today
🚨 Major Update in the UK! 🚨
Chancellor Rachel Reeves is preparing to announce a £19 billion gap in public finances, highlighting the NHS, prisons, and schools as major pressure points. Tax increases are expected this autumn!
💸Key points:-
£19 billion shortfall for 2024-25- Potential for inflation-adjusted pay deals-
Possible efficiency savings and project delays-
No return to austerity, according to Sir Keir StarmerWhat are your thoughts? Will these measures help stabilize the economy? Share your opinions below! ⬇️
#Economy
#Bitcoin_Coneference_2024
#UKPolitics
#PublicFinance
#ETH_ETFs_Trading_Today
UK Pension Fund Cartwright Discloses 3% Allocation To Bitcoin
There is an ongoing boost in the adoption of Bitcoin (BTC) with UK pension fund giant Cartwright now joining the league. With decades of experience at managing its client’s funds, the pension fund embracing Bitcoin is a major statement for the digital currency. The firm did not just adopt the coin, it is now rallying other institutional investors in the UK to do the same.
The Cartwright Bitcoin Embrace
As reported by Corporate-Adviser, Cartwright has allocated around 3% to Bitcoin as direct investment. As the pension fund noted, this move stems from the demand from its clients for it to support emerging asset classes.Bitcoin occupies a unique position in the new money revolution. The Cartwright said its Bitcoin embrace offers a “significant potential upside whilst limiting the potential downside.” The company said many investors in the UK are consistently looking for a new way to diversify their capital.
Notably, the firm’s leaders are now advising their competitors in the country to catch up with global counterparts. It is worth noting that Cartwright is putting its money where its mouth is. While the actual cash value of this BTC bet remains undisclosed, the firm said it pioneered this move in the UK.
All StarsProviding more context on the investment, Bitcoin writer Daniel Batten on X noted that the 3% allocation is 30x higher than the $163 million that Wisconsin Investment Board invested in the coin. Batten emphasized that the Cartwright Bitcoin investment is the largest of any Sovereign Wealth Fund in the world.
Ethereum Catching Up
The launch of spot Bitcoin and Ethereum ETF products around the world has opened new avenues to embrace the assets. While many investment firms have exposure to BTC, Ethereum is catching up nicely.Coingape reported earlier that the Michigan Pension Fund has disclosed its Ethereum ETF exposure. Per the update, the organization bought an $11 million worth of Ethereum ETF as disclosed in its 13-F Filing. As it revealed, the firm made this investment in the Grayscale Ethereum Trust and Grayscale Mini Trust ETFs respectively.
Many big banks are also getting into the Bitcoin and general crypto( ETF) game. While Bitcoin and Ethereum dominates the ETF front for now, XRP, Litecoin and Solana ETF products are also- underway. With this, Cartwright might expand its bets in the future to include these alternative crypto ETF products.
#UKPolitics #BTC☀ #OctoberCryptoFundingSurge #BinanceSquareFamily
The Cartwright Bitcoin Embrace
As reported by Corporate-Adviser, Cartwright has allocated around 3% to Bitcoin as direct investment. As the pension fund noted, this move stems from the demand from its clients for it to support emerging asset classes.Bitcoin occupies a unique position in the new money revolution. The Cartwright said its Bitcoin embrace offers a “significant potential upside whilst limiting the potential downside.” The company said many investors in the UK are consistently looking for a new way to diversify their capital.
Notably, the firm’s leaders are now advising their competitors in the country to catch up with global counterparts. It is worth noting that Cartwright is putting its money where its mouth is. While the actual cash value of this BTC bet remains undisclosed, the firm said it pioneered this move in the UK.
All StarsProviding more context on the investment, Bitcoin writer Daniel Batten on X noted that the 3% allocation is 30x higher than the $163 million that Wisconsin Investment Board invested in the coin. Batten emphasized that the Cartwright Bitcoin investment is the largest of any Sovereign Wealth Fund in the world.
Ethereum Catching Up
The launch of spot Bitcoin and Ethereum ETF products around the world has opened new avenues to embrace the assets. While many investment firms have exposure to BTC, Ethereum is catching up nicely.Coingape reported earlier that the Michigan Pension Fund has disclosed its Ethereum ETF exposure. Per the update, the organization bought an $11 million worth of Ethereum ETF as disclosed in its 13-F Filing. As it revealed, the firm made this investment in the Grayscale Ethereum Trust and Grayscale Mini Trust ETFs respectively.
Many big banks are also getting into the Bitcoin and general crypto( ETF) game. While Bitcoin and Ethereum dominates the ETF front for now, XRP, Litecoin and Solana ETF products are also- underway. With this, Cartwright might expand its bets in the future to include these alternative crypto ETF products.
#UKPolitics #BTC☀ #OctoberCryptoFundingSurge #BinanceSquareFamily