The new capital will be used to fund strategic investments and acquisitions, product development, and licenses for popular intellectual properties
Thehe government is said to be in discussions to regulate the use of crypto in illegal transactions.
Cryptocurrency job postings have seen a steady increase in the past 18 months. In August 2021 job postings for crypto jobs saw a 37 percent increase as compared to 13 percent in August 2020
The England Central Bank’s Deputy Governor for financial stability, Jon Cunliffe, said: “There are well-founded concerns around unbacked crypto assets in relation to investor protection, market integrity and financial crime.”