Bank of England Moves Stablecoin Rules to June as UK Targets Year-End Framework

Prolonged restrictive monetary policy risks stifling UK economic recovery, potentially leading to lower inflation and investment challenges. The post Bank of England’s Taylor warns UK economy is weak, calls interest rates far too restrictive appeared first on Crypto Briefing.

SUI trades near $1.09 as bulls eye $1.20, while stablecoins and network revenue hold firm amid TVL decline. SUI traded near $1.09 as traders assessed its rebound setup, stablecoin activity, and network revenue. Market analysts pointed to firm on-chain baselines, even as total value locked fell from earlier highs. Bulls are now watching whether price […] The post SUI Bulls Eye Upside As Stablecoins And Network Revenue Hold Firm Amid TVL Drop appeared first on Live Bitcoin News.

Millionaire businessman Kevin O’Leary has indicated that stablecoins are more valuable than Bitcoin because of their role in the global financial system. He also highlighted the “big opportunity” as one of the layer-1 networks could be the biggest beneficiary of traditional finance (TradFi) firms moving on-chain.  Kevin O’Leary Praises Stablecoins Over Bitcoin In an X post, Kevin O’Leary shared a FOX interview in which he praised stablecoins over Bitcoin. He described BTC as a speculative asset whose price fluctuates due to its volatility. Meanwhile, the businessman called stablecoins an interesting product in financial services, noting that they are valuable because they are backed by U.S. Treasury bills.  Related Reading: The Bitcoin Playbook To Know: Step 4 Says A Crash Is Coming, But Where’s The Bottom? O’Leary further remarked that the “beauty” of these stablecoins is that one can transfer them in seconds, not days. As such, he explained how these stablecoins top the current payme

The UK-GCC trade deal enhances fintech collaboration, potentially boosting digital asset markets but raises human rights compliance issues. The post UK strikes £3.7B trade deal with Gulf Cooperation Council, opening doors for fintech and digital assets appeared first on Crypto Briefing.

IG will use Bitpanda’s infrastructure to expand crypto trading across Europe after its UK rollout and rising client demand.

US lawmakers introduced the PARITY Act, directing Treasury to review crypto tax relief for small payments, stablecoins and staking.

WhiteBIT launches dedicated UK platform as exchange expands presence in regulated British market. WhiteBIT, the largest European cryptocurrency exchange by traffic, has announced the launch of whitebit.uk, a dedicated platform designed to serve users in the United Kingdom. The move…

Richard Eltringham and Barbara Riddell point to the decline in general practice as the reason why people are turning to AI for health advice. Plus a letter from Dr Katie Baker Your report (One in seven in UK prefer consulting AI chatbots to seeing doctor, study finds, 13 May) will no doubt be greeted with the usual hand‑wringing about the decline of human connection in healthcare. But the more honest explanation is far simpler: many of us no longer see our registered doctor in any meaningful sense. Continuity of care has quietly evaporated. General practice has become a rotating cast of locums, telephone triage and “someone will call you back at some point between 8am and the heat death of the universe”. The idea of a named GP – someone who knows your history, your face – has become NHS folklore, spoken of wistfully but rarely encountered in the wild. Continue reading...