For the first time, the British court allowed the service of litigation procedures through NFT

[UK court allows service of litigation procedures through NFT for the first time] Jinse Finance reported that for the first time, a British court allowed the service of litigation procedures through NFT on the blockchain. Where it is possible to identify the wallet address in question but the defendant behind that address is unknown, the option of delivery via NFT could be crucial to victims of cryptocurrency fraud. Given the tracking capabilities of blockchain technology, delivery via blockchain technology also provides an immutable, verified proof of valid delivery.

Other news:

Institutional analysis: British inflation rate hits a 40-year high and is the highest among the Group of Seven countries: News on June 22, soaring food prices pushed the British consumer price index to a 40-year high of 9.1%, the highest among the Group of Seven countries Underscoring the seriousness of rising living costs in the UK. Some investors believe Britain's persistently high inflation and recession risks reflect its large imported energy bill and ongoing Brexit concerns, which could further damage trade relations with the European Union. With the economic outlook so uncertain, no one knows how high and for how long inflation will go, making fiscal and monetary policymaking all the more difficult. (Golden Ten)[2022/6/22 1:23:55]

Voice | Accenture: UK Edinburgh companies need blockchain emerging technology talents: The latest data from Accenture UK Technology Talent Tracker shows that there are currently 1,557 job vacancies in companies in the Edinburgh area of the UK, which require skills in emerging technologies, including data analysis , artificial intelligence (AI), blockchain, and quantum computing. (Edinburgh News) [2020/2/20]

News| Hearing of the British Ministry of Finance: Members of Parliament criticize the British government for ineffective regulation of digital currency: According to NewsBTC citing the record of the British Ministry of Finance’s digital currency hearing on July 4, Labor Party MP Wes Streeting praised Facebook despite the recent loosening of regulations. The ban on currency advertising demonstrates its efforts to regulate digital currencies. He believes that, compared with the private sector keeping pace with the times, the British regulator appears to be "behind the curve".

Martin Etheridge, head of banknote operations at the Bank of England, responded that the Bank of England (BoE) will conduct "vigilant monitoring" of digital currencies globally; David Geale, policy director of the Financial Conduct Authority (FCA), attacked Facebook and other regulatory rules "Not entirely effective".

Conservative MP Charlie Elphicke has raised concerns about terrorist financing and money laundering through digital currencies. David Raw, deputy director-general for banking and credit at the Treasury, said past assessments suggested the risk of both issues was low. Digital currencies could create a "more transparent record of transactions, potentially auditable," he said. [2018/7/15]