‘Thrill’ and ‘Status’ Driving Young People to Crypto Investment, Says UK Financial Watchdog
These young investors "skew more towards being female, under 40 and from a BAME background," the regulator said.
The new FCA policy will see the number of companies required to submit financial crime reports increase from 2,500 to 7,000.
This marks the first time that HMRC has released guidance specifically describing how staking is treated for taxation purposes. It has been assumed previously that staking comes under the umbrella of mining, thus the same guidance has applied.
Cardano (ADA), uniswap (UNI) and filecoin (FIL) were among those added.
The McLaren token will be issued in the coming months on Bitci.com's native blockchain.
The crypto-friendly firm will use this pause to strengthen its anti-money laundering controls.