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British Columbia Province to Regulate Electricity Supply for Crypto Miners

British Columbia Province to Regulate Electricity Supply for Crypto Miners

Last updated: April 12, 2024 03:30 EDT | 1 min read Canadian province of British Columbia is seeking to regulate electricity use by crypto miners, due to their “unchecked growth.” Josie Osborne, Minister of Energy, Mines and Low Carbon Innovation, said Thursday that the province is working to address high energy consumption by crypto miners […]

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British Virgin Islands Sets Sights on Becoming Global Hub for Digital Assets

British Virgin Islands Sets Sights on Becoming Global Hub for Digital Assets

Last updated: March 20, 2024 06:57 EDT | 1 min read Source: MidjourneyThe British Virgin Islands (BVI) is aiming to become a major hub for digital asset activities. To achieve this, the territory is working to execute rules and systems that would enable participation in the expanding digital asset market. Lorna Smith, Minister for Financial

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British Investment Managers Receive Approval for Tokenized Funds

British Investment Managers Receive Approval for Tokenized Funds

British investment managers have received approval to create tokenized funds, marking a shift towards using blockchain technology in mainstream asset management. The country’s trade body gave the green light on Friday, allowing funds to be split into smaller digital tokens backed by blockchain technology. UK Investment Managers to Launch Tokenized Funds The Investment Association announced

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