NXT Knowlege

The UK Financial Conduct Authority ( FCA ) has released a huge consultation paper CP25/28 titled 'Progressing Fund Tokenisation'  which outlines new rules for fund tokenisation and direct-to-fund dealing. The paper expands on the 2023 Blueprint published by the Investment Association's Technology Working Group, which introduced a phased roadmap for fund tokenisation. The FCA has clearly put a huge amount of work into this document, which defines tokenisation as a method of re

The Trump Administration has been unashamedly pro-crypto, seeking to craft innovation supporting rules and changing the leadership at the previously anti-crypto Securities & Exchange Commission. This approach has dialed up further with news that Binance founder Changpeng “CZ” Zhao has been pardoned today for his conviction in connection with a prosecution of Binance for breaching sanctions and anti-money laundering laws. After the Department of Justice commenced that prosecut

In an update to a temporary moratorium in place since 2022, and cutting against the global thaw on crypto engagement and policy of the USA to promote more cryptocurrency business, British Columbia has announced  a permanent ban on new cryptocurrency mining projects from accessing the provincial electricity grid. This decision is said to arise from concerns over the environmental effects of cryptocurrency mining and its hefty electricity demands, but this is curious given the