Steve Baker Sheds Light on Refreshing Regulatory Outlook in the UK
With the with theestablishment of the Digital Finance Institute in the UK, and the relocation of high profile cryptocurrency companies already hitting headlines last month, it now seems as though Britain has gone a step further - released intends to - as far as digital currency adoption is concerned. Contrary to a number of other leading developed nations, UK policymakers are fighting for (and moving towards) digital currency adoption without excessive new laws and regulation. The figurehead of the movement at present is UK Treasury committee member of Parliament Steve Baker - a recently....
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NFT mania is reaching Asia as one of the region's most popular social media influencers is set to tokenize a series of videos. Baker, who has around 24 million followers across multiple Chinese social media platforms, will auction eight unique NFTs as part of the collaboration. One of the NFTs, called The Bart Baker Experience, will allow the winner of the auction to make a video with Baker that will be circulated on social media and minted into an NFT. The other seven auctions will be of Baker’s most popular videos minted in NFT format. Commenting on his collaboration with DeFine Art and....
Last month, the United Kingdom parliament debated an arcane topic that hasn't been raised in the legislative chamber in 170 years: money creation. The last time the subject was discussed in the House of Commons was when the Bank Charter Act of 1844 was passed. That historic act put an end to British commercial banks' ability to issue banknotes, transferring those powers exclusively to the Bank of England. The member of parliament who revived the topic in the House was Steve Baker, who was recently elected to a seat on the Treasury Select Committee. The committee is responsible for....
Aside from its budding use case in overhauling mainstream finance, blockchain technology has also been lauded for the way in which it can help enact social good. Jessi Baker, CEO and founder of London-based startup Provenance, established in the summer of 2013, is hoping to channel the potential of distributed ledgers to do just that. Alongside heading Provenance, Baker is also undertaking a PHD investigating new technologies to build more transparency into supply chains - the lack of which, she said, brings about most of the world's social and environmental problems. "One of the big....