• Home
  • About Us
  • Terms and Conditions
  • Privacy Policy
  • Disclaimer
  • Contact
13 June Friday, 2025
  • tr Türkçe
  • en English
TurkishNY Radio
No Result
View All Result
  • Home
  • Cryptocurrency
  • Business
  • Economy
  • Home
  • Cryptocurrency
  • Business
  • Economy
No Result
View All Result
  • tr Türkçe
  • en English
TurkishNY Radio
No Result
View All Result
Bitcoin Bitcoin (BTC) $105,820.96 ↓ -1.77%
Ethereum Ethereum (ETH) $2,566.19 ↓ -6.32%
Tether USDt Tether USDt (USDT) $1.00 ↑ 0.03%
XRP XRP (XRP) $2.15 ↓ -4.09%
BNB BNB (BNB) $654.12 ↓ -1.53%
Solana Solana (SOL) $147.77 ↓ -6.71%
USDC USDC (USDC) $1.00 ↓ -0.03%
Dogecoin Dogecoin (DOGE) $0.18 ↓ -4.79%
TRON TRON (TRX) $0.27 ↓ -2.16%
Cardano Cardano (ADA) $0.64 ↓ -6.22%
Hyperliquid Hyperliquid (HYPE) $41.72 ↓ -3.38%
Sui Sui (SUI) $3.06 ↓ -8.13%
Chainlink Chainlink (LINK) $13.49 ↓ -6.39%
Bitcoin Cash Bitcoin Cash (BCH) $425.63 ↓ -2.55%
UNUS SED LEO UNUS SED LEO (LEO) $9.05 ↑ 2.07%
Avalanche Avalanche (AVAX) $19.48 ↓ -7.93%
Stellar Stellar (XLM) $0.26 ↓ -4.92%
Toncoin Toncoin (TON) $3.01 ↓ -5.53%
Shiba Inu Shiba Inu (SHIB) $0.00 ↓ -4.82%
Hedera Hedera (HBAR) $0.16 ↓ -7.08%
Litecoin Litecoin (LTC) $84.71 ↓ -4.71%
Polkadot Polkadot (DOT) $3.84 ↓ -5.44%
Ethena USDe Ethena USDe (USDe) $1.00 ↓ 0.00%
Monero Monero (XMR) $310.53 ↓ -4.60%
Dai Dai (DAI) $1.00 ↑ 0.01%
Bitget Token Bitget Token (BGB) $4.52 ↓ -4.20%
Uniswap Uniswap (UNI) $7.55 ↓ -4.03%
Pepe Pepe (PEPE) $0.00 ↓ -8.76%
Aave Aave (AAVE) $285.06 ↓ -5.52%
Pi Pi (PI) $0.57 ↓ -8.11%
Bittensor Bittensor (TAO) $372.34 ↓ -6.17%
OKB OKB (OKB) $52.00 ↓ -2.72%
Internet Computer Internet Computer (ICP) $5.45 ↓ -9.71%
Aptos Aptos (APT) $4.47 ↓ -8.80%
NEAR Protocol NEAR Protocol (NEAR) $2.26 ↓ -8.63%
Cronos Cronos (CRO) $0.09 ↓ -6.20%
Ethereum Classic Ethereum Classic (ETC) $16.68 ↓ -5.35%
Ondo Ondo (ONDO) $0.80 ↓ -6.51%
World Liberty Financial USD World Liberty Financial USD (USD1) $1.00 ↑ 0.04%
Mantle Mantle (MNT) $0.64 ↓ -3.17%
POL (prev. MATIC) POL (prev. MATIC) (POL) $0.20 ↓ -6.97%
GateToken GateToken (GT) $17.11 ↓ -4.10%
Kaspa Kaspa (KAS) $0.08 ↓ -6.74%
OFFICIAL TRUMP OFFICIAL TRUMP (TRUMP) $10.03 ↓ -3.83%
VeChain VeChain (VET) $0.02 ↓ -6.41%
Ethena Ethena (ENA) $0.30 ↓ -10.21%
Render Render (RENDER) $3.46 ↓ -8.27%
Sky Sky (SKY) $0.08 ↓ -1.92%
Arbitrum Arbitrum (ARB) $0.35 ↓ -9.24%
Filecoin Filecoin (FIL) $2.43 ↓ -6.97%
Artificial Superintelligence Alliance Artificial Superintelligence Alliance (FET) $0.68 ↓ -8.65%
Cosmos Cosmos (ATOM) $4.14 ↓ -6.02%
Worldcoin Worldcoin (WLD) $1.00 ↓ -7.57%
Algorand Algorand (ALGO) $0.18 ↓ -5.18%
First Digital USD First Digital USD (FDUSD) $1.00 ↑ 0.02%
KuCoin Token KuCoin Token (KCS) $11.25 ↓ -0.90%
SPX6900 SPX6900 (SPX) $1.46 ↓ -11.35%
Quant Quant (QNT) $107.40 ↓ -8.28%
Flare Flare (FLR) $0.02 ↓ -1.16%
Jupiter Jupiter (JUP) $0.42 ↓ -8.00%
Virtuals Protocol Virtuals Protocol (VIRTUAL) $1.87 ↓ -7.93%
Celestia Celestia (TIA) $1.79 ↓ -13.02%
Bonk Bonk (BONK) $0.00 ↓ -7.48%
Fartcoin Fartcoin (FARTCOIN) $1.19 ↓ -9.13%
Injective Injective (INJ) $11.73 ↓ -10.39%
Four Four (FORM) $2.72 ↓ -1.88%
Story Story (IP) $3.58 ↓ -9.03%
Optimism Optimism (OP) $0.59 ↓ -12.93%
PayPal USD PayPal USD (PYUSD) $1.00 ↑ 0.03%
XDC Network XDC Network (XDC) $0.06 ↓ -5.49%
Kaia Kaia (KAIA) $0.16 ↓ -4.95%
Stacks Stacks (STX) $0.64 ↓ -5.72%
Sonic Sonic (S) $0.33 ↓ -10.83%
Sei Sei (SEI) $0.18 ↓ -7.60%
Immutable Immutable (IMX) $0.47 ↓ -6.93%
The Graph The Graph (GRT) $0.09 ↓ -6.81%
dogwifhat dogwifhat (WIF) $0.85 ↓ -8.79%
Tether Gold Tether Gold (XAUt) $3,429.80 ↑ 1.21%
Vaulta Vaulta (A) $0.53 ↓ -7.58%
Curve DAO Token Curve DAO Token (CRV) $0.62 ↓ -4.58%
PAX Gold PAX Gold (PAXG) $3,448.95 ↑ 1.29%
Nexo Nexo (NEXO) $1.22 ↓ -1.93%
PancakeSwap PancakeSwap (CAKE) $2.45 ↓ -1.64%
Zcash Zcash (ZEC) $46.13 ↓ -7.86%
FLOKI FLOKI (FLOKI) $0.00 ↓ -8.42%
AB AB (AB) $0.01 ↑ 4.08%
DeXe DeXe (DEXE) $8.92 ↓ -2.00%
Ethereum Name Service Ethereum Name Service (ENS) $20.35 ↓ -8.81%
Lido DAO Lido DAO (LDO) $0.82 ↓ -11.57%
Theta Network Theta Network (THETA) $0.71 ↓ -7.35%
Gala Gala (GALA) $0.02 ↓ -6.54%
The Sandbox The Sandbox (SAND) $0.27 ↓ -5.57%
JasmyCoin JasmyCoin (JASMY) $0.01 ↓ -5.10%
IOTA IOTA (IOTA) $0.17 ↓ -6.59%
Jito Jito (JTO) $1.95 ↓ -3.61%
BitTorrent [New] BitTorrent [New] (BTT) $0.00 ↓ -3.35%
Walrus Walrus (WAL) $0.47 ↓ -6.97%
Pudgy Penguins Pudgy Penguins (PENGU) $0.01 ↓ -7.32%
Pyth Network Pyth Network (PYTH) $0.11 ↓ -9.32%
Raydium Raydium (RAY) $2.13 ↓ -5.69%
Home Cryptocurrency

UK Treasury Secretary Andrew Griffith Challenges Crypto-Gambling Perception and Regulation

Emma Veress by Emma Veress
22 July 2023
in Cryptocurrency
Reading Time: 2 mins read
0
UK-Treasury-Secretary-Andrew-Griffith-Challenges-Crypto-Gambling-Perception-and-Regulation

British Treasury Secretary Andrew Griffith has voiced his disagreement with regulators who label cryptocurrencies and the crypto industry as a form of gambling. In a clear departure from this viewpoint Griffith expressed his disagreement with regulating the crypto industry solely under gambling regulations. Instead of that he stands for a distinct regulatory framework that is in awareness of the unique nature of cryptocurrencies and their potential impact.

Table of Contents

Toggle
  • Personal Investments in Crypto-backed Mutual Funds
    • YOU MAY BE INTERESTED
    • Pompliano’s ProCapBTC Set to Buy $750M in BTC: Here’s What That Means for Price
    • SEC Delays Avalanche ETF Decision Again, AVAX Drops Nearly 6%
  • A Divergent Stance on Regulation
  • A Call for Comprehensive Regulation

Personal Investments in Crypto-backed Mutual Funds

In addition to his role as a supporter of the cryptocurrency industry Andrew Griffith owns personal investments in mutual funds that are backed by cryptocurrencies. This serves as a reflection of his confidence in the sustainability and long term value of cryptocurrencies as an asset class for investing. Griffith’s investment in these funds shows his belief in the potential for growth and the significance of cryptocurrencies within the financial environment.

YOU MAY BE INTERESTED

Pompliano's ProCapBTC Set to Buy $750M in BTC: Here’s What That Means for Price

Pompliano’s ProCapBTC Set to Buy $750M in BTC: Here’s What That Means for Price

13 June 2025
image 13 Haz 2025 08 56 41

SEC Delays Avalanche ETF Decision Again, AVAX Drops Nearly 6%

13 June 2025

A Divergent Stance on Regulation

Griffith expressed his strong disagreement with the suggestion to label investing activities in cryptocurrency assets as gambling rather than financial services to a statement that was made public by the UK Treasury . The government intensely disagrees with this viewpoint because it understands that gaming legislation alone cannot sufficiently manage the risks and difficulties the crypto business presents . Griffith underlines the necessity for a thorough regulatory framework to handle concerns about risks such the mixing of client and firm assets, cybersecurity and information controls, conflicts of interest, corporate governance and leverage .

ADVERTISEMENT
UK-Treasury-Secretary-Andrew-Griffith-Challenges-Crypto-Gambling-Perception-and-Regulation2

A Call for Comprehensive Regulation

Griffith highlights the restrictions of a single gambling regulation system and asserted that it would not sufficiently address issues such as insider trading market manipulation and predatory short selling. He emphasizes the need for a comprehensive regulatory approach that encompasses both crypto asset markets and traditional financial services markets . In order to effectively tackle these behaviors and promote market integrity. By adopting such an approach the government can create a secure and transparent environment for market participants while promoting responsible innovation and protecting investors .

UK Treasury Secretary Andrew Griffith’s stance on cryptocurrency regulation challenges the perception that cryptocurrencies are parallel to gambling . Griffith’s vision of making the UK a cryptocurrency paradise lines up with his goal of fostering innovation and attracting businesses to the country’s crypto ecosystem. His personal investments in crypto backed mutual funds further show his confidence in the future of cryptocurrencies as an investment asset class. 

Previous Post

Nasdaq Halts Crypto Custody Operations in the US

Next Post

Binance Burns Nearly $620 Million Worth of BNB Tokens in 24th Quarterly Burn

Emma Veress

Emma Veress

Finance Writer Hello there! My name is Emma, and I'm a daily breaking news journalist covering finance, economics, and crypto on a global scale. I graduated from Eötvös Loránd University with a degree in Communication and Media Studies MA, where I gained a passion for storytelling and analysis. As a journalist, I'm dedicated to providing my readers with accurate and timely news on financial and economic events happening around the world. I believe that by delivering high-quality journalism, I can help people make informed decisions about their finances and investments.

SIMILAR NEWS

Pompliano's ProCapBTC Set to Buy $750M in BTC: Here’s What That Means for Price
News

Pompliano’s ProCapBTC Set to Buy $750M in BTC: Here’s What That Means for Price

13 June 2025
image 13 Haz 2025 08 56 41
Cryptocurrency

SEC Delays Avalanche ETF Decision Again, AVAX Drops Nearly 6%

13 June 2025
image 13 Haz 2025 08 53 34
Cryptocurrency

Whales on the Move: ENS, Compound, and Virtuals See Surge in On-Chain Activity

13 June 2025

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
DMCA
PROTECTED

Categories

  • Business
  • Cryptocurrency
  • Economy
  • en
  • News
  • Politics
  • World

Recent Posts

  • BTC, ETH, SOL, DOGE, SUI, LTC Liquidated as Israel-Iran Conflict Triggers Sell-Off
  • Pompliano’s ProCapBTC Set to Buy $750M in BTC: Here’s What That Means for Price
  • SEC Delays Avalanche ETF Decision Again, AVAX Drops Nearly 6%
  • $235M at Stake: Singapore Court to Decide WazirX Users’ Fate by June 20
  • Whales on the Move: ENS, Compound, and Virtuals See Surge in On-Chain Activity

Site Navigation

  • Home
  • About Us
  • Terms and Conditions
  • Privacy Policy
  • Disclaimer
  • Contact

TurkishNY Radio

Banner 1
Banner 2
No Result
View All Result
  • Home
  • Cryptocurrency
  • Business
  • Economy
  • tr Türkçe
  • en English

  • English