BlockPress

BlockPress

Bank of England mulls canning CBDC plan: Report

The United Kingdom’s central bank, the Bank of England, is reportedly reconsidering its plans to introduce a central bank digital currency (CBDC), commonly known as a digital pound. This shift in strategy stems from Governor Andrew Bailey’s apparent preference for…

SEC approves, then instantly pauses Bitwise’s ETF conversion

The Securities and Exchange Commission (SEC) initially approved, then abruptly reversed its decision on Bitwise Asset Management’s spot Bitcoin exchange-traded fund (ETF) application within hours. This unexpected turn of events has sparked considerable speculation regarding the underlying reasons for the…

21Shares files with SEC for spot ONDO ETF

21Shares, a prominent issuer of exchange-traded products (ETPs), has submitted a preliminary application to the United States Securities and Exchange Commission (SEC) for a novel exchange-traded fund (ETF). This proposed ETF will offer investors exposure to the native token of…

UK to ban public sector from making ransomware payments

The United Kingdom government is implementing a decisive measure to combat the escalating threat of ransomware attacks targeting its public sector. This bold strategy involves a complete ban on ransomware payments for all public sector entities, including crucial services like…