On May 1, according to foreign media reports, British Foreign Secretary David Cameron explained the government's position when attending a meeting of the House of Lords International Relations and Defense Committee. Speaking to the committee on the long wick candle against Iran, he told the committee that all the measures needed to put pressure on Iran had been taken through sanctions. "Frankly, one of the downsides of making the IRGC an illegal organization is that it would effectively end diplomatic relations," he said. I don't think it's in the interests of Great Britain, it doesn't strengthen our position, it weakens it. ”

Odaily Starknet posted on the X platform that the new token has been listed on StarkGate. From now on, users can natively bridge LORDS and new tokens from Multi-Bridge (a permissionless bridging mechanism) like ZEND and stEUR.

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PANews news on December 25, according to The Block, the Japanese cabinet on Friday has approved the 2024 fiscal year tax system revision, aimed at excluding long-term holding assets of enterprises do not need to pay taxes on unrealized Crypto Assets gains, the amendment will apply to companies holding Crypto Assets issued by third parties. It is reported that at present, Crypto Assets issued by third parties held by enterprises are treated as profits and losses based on the difference between the market value and the book value at the end of the fiscal year. The amendment aims to provide that this Market Cap valuation will no longer apply if the company holds assets for a long time. This means that companies will only be taxed on profits generated from the sale of Crypto Assets. The proposed revisions for fiscal year 2024 still need to be submitted to the regular session of Congress in January 2024 and approved by the House of Representatives and the House of Lords.

Golden Finance reported that on September 20, eight members of the British House of Lords and politicians delivered speeches to global leaders through the Metaverse on the opportunities and challenges brought about by the development of Web3 technology. Natalie Elphicke, a British MP and chair of the All-Party Parliamentary Group (APPG) on Blockchain Technology, appeared in the Metaverse in a unique incarnation and emphasized that Web3 represents a paradigm shift that restructures the structure of the Internet. In his subsequent keynote speech, Elphicke said that the UK has the potential to become a "smart country" that supports blockchain, but the country lags behind competitors in obtaining blockchain-related employment opportunities. The UK's top priority is Web3 industry growth and workforce planning, part of which is to make the UK an attractive job hub for Web3 founders, developers, programmers and companies. Elphicke called for the development of more national blockchain roadmaps and cooperation between countries. Elphicke also mentioned DeFi, saying that it brings unique challenges and opportunities to regulators and policymakers, and it is crucial to ensure the transparency, auditability and accountability of these ecosystems.

According to a CoinDesk report on July 13, the House of Lords of the British Parliament passed the "Online Security Act", which includes the Metaverse. Currently, the bill has entered the final stage of approval. UK lawmakers have cited the potential harm children could face during virtual reality experiences, saying it was important to ensure the Online Safety Act applies to the Metaverse. Melanie Dawes, minister for Ofcom, the UK's communications regulator, said the act would apply to "anything that communicates over an internet service", which includes user-created objects or avatars and interactions between users in the Metaverse.

According to a CoinDesk report on July 5, the British House of Lords passed the Economic Crime and Corporate Transparency Bill, which will help law enforcement agencies seize and freeze cryptocurrencies used in crimes. Approval by the House of Lords means the bill will return to the House of Commons for a final stage before it becomes law. Once the two houses agree on the document, the king will need to sign it into law. The bill could be sent back and forth between the two houses of parliament until an agreement is reached.

PANews news on July 5th, according to CoinDesk, the British House of Lords passed the Economic Crime and Corporate Transparency Bill on Tuesday, which will help law enforcement agencies seize and freeze cryptocurrencies used in crimes . In March, the U.K. government said cracking down on crimes involving cryptocurrencies was part of its three-year economic crime agenda. The UK has added crypto strategy advisers to police forces across the country to help identify and seize crime-related digital assets. Approval in the House of Lords means the bill will return to the House of Commons for its final stage of consideration. Once both houses agree to the bill, the king will need to sign it into law.

Jinse Finance reported that the UK’s Economic Crime and Corporate Transparency Act was passed by the House of Lords, which will help law enforcement agencies seize and freeze cryptocurrencies used for crimes. It was amended in an earlier procedure to ensure that the measures were extended to terrorism cases and added measures to help authorities seize property that could help identify cryptocurrencies linked to crimes. Additionally, an amendment was added to ensure that courts can order authorities to seize and freeze cryptocurrencies used in crimes.

On June 29th, according to CoinDesk, King Charles of the United Kingdom approved the Financial Services and Markets Bill (FSMB), thus making the bill into law. The bill was approved by the House of Lords last week. It is reported that the bill, introduced in July 2022, will give regulators greater powers over the financial system, including cryptocurrencies. While the bill was debated in Parliament, amendments were added to treat all cryptocurrencies as regulated activities and oversee the promotion of cryptocurrencies. The bill also includes stablecoins within the scope of payment rules. The UK Treasury, Financial Conduct Authority, Bank of England and Payment Systems Regulator will soon be able to introduce and enforce rules to regulate the crypto industry.

According to PANews news on June 29, according to CoinDesk, King Charles of the United Kingdom approved the Financial Services and Markets Bill (FSMB), thus making the bill a law. The bill was approved by the House of Lords last week. It is reported that the bill, introduced in July 2022, will give regulators greater powers over the financial system, including cryptocurrencies. While the bill was debated in Parliament, amendments were added to treat all cryptocurrencies as regulated activities and oversee the promotion of cryptocurrencies. The bill also includes stablecoins within the scope of payment rules. The UK Treasury, Financial Conduct Authority, Bank of England and Payment Systems Regulator will soon be able to introduce and enforce rules to regulate the crypto industry.

King Charles of the United Kingdom approved the Financial Services and Markets Bill, which includes measures to bring cryptocurrencies into regulation, and was approved by the House of Lords last week, CoinDesk reported on June 29. The UK Treasury, Financial Conduct Authority, Bank of England and Payment Systems Regulator will soon be able to introduce and enforce rules to regulate the crypto industry.

1. Price $BTC$ Breaking through $27,000, it is now at $27,036.2, up 2.47% in 24 hours. 2. The net balance of staking is about 3.6 million $ETH$ Since the Ethereum Shanghai upgrade. 3. The data shows that the BTC Market Cap Dominance exceeds 50%, a new high since May 2021. 4. UK cryptocurrency and stablecoin law approved by House of Lords.

PANews news on June 19, according to CoinDesk, the British House of Lords on Monday approved the Financial Services and Markets Bill (FSMB), which considers cryptocurrencies as regulated activities in the country and stablecoins as a form of payment. Next, the FSMB will return to the House of Commons to agree on a final version. Once the two houses agree on the document, it will be sent to the king for assent and passage into law. The bill could be passed back and forth between the two houses of parliament until consensus is reached. While the original bill included a proposal to regulate stablecoins under the country's payment rules, amendments to treat all cryptocurrencies as regulated activities and to oversee cryptocurrency promotions were added later as the bill progressed through parliament. measure. The U.K. wants the FSMB to give regulators the powers they need so they can set cryptocurrency rules that the Treasury has been consulting.

Jinse Finance reported that the Bank of England is exploring the technology to implement a digital pound, while Parliament has remained silent, with two members of the British House of Lords expressing some concerns, including privacy and criminal activities.