Statement on the ICO public sector approach from the Permanent Secretary of the Department for Science, Innovation and Technology (DSIT) on behalf of Whitehall leaders: The Information Commissioner has set out the outcome of his two-year trial of a new approach to regulating public sector organisations. His review notes the positive impact this has had in protecting personal data and highlighting some key challenges going forward. Considering the evidence, he has decided to continue with the public sector approach and keep it under review for the foreseeable future. I welcome…
Category: ICO
Advice to local authorities facing financial restrictions
Terna Waya, Senior Upstream Regulation Officer, Freedom of Information and Transparency Ribia Nisa, Team Manager, Public Advice and Data Protection Complaints Services Managing request volumes and issuing timely responses to requests for information are crucial to complying with your information access obligations. We know that when resources are tight, this can become more difficult. The importance of information access is not always recognised and can easily fall off people’s radar when decisions are taken about what is considered a core service. We’ve seen the biggest impact where local…
Trump Plans to Name Pro-Crypto Hedge Fund Manager Scott Bessent as Treasury Secretary
“I have been excited about [Trump’s] embrace of crypto and I think it fits very well with the Republican Party, the ethos of it. Crypto is about freedom and the crypto economy is here to stay,” he said in an interview with Fox Business in July. “Crypto is bringing in young people, people who have not participated in markets.” Source
Another U.S. SEC Democrat to Drop Out, Leaving Republicans Running Agency by February
Commissioner Jaime Lizárraga is leaving January 17, he said in a Friday statement, which could give Republicans a head start on what could otherwise have been months of delay in redirecting the regulator’s policies — including on cryptocurrency. At this point, Caroline Crenshaw will be the sole Democrat on the five-member commission going into 2025, and her term has already expired, putting her into an extension that can last as long as about 18 months. Source
Elon Musk Tweet of Joe Rogan Profile Sends DOGE Price Higher
Some crypto enthusiasts speculate that the service, once live, might include transactions with some digital assets such as DOGE, given Musk’s long-standing affection for the token. Musk’s electric car company, Tesla, already accepts DOGE payments for some merchandise purchases in its online store. Source
Phantom Tops Coinbase (COIN) in Apple App Store as Memecoin Craze Drives Traders On-Chain
Coinbase is onboarding memecoins, to be sure. In the past week, it greenlit FLOKI and PEPE, as well as WIF for German traders. Those tokens have been around a relatively long time and accrued market caps in the billions of dollars, making them more stable (relatively speaking) than, say, DIDDYOIL, a memecoin only accessible to traders who operate on-chain. Source
How to Talk About Crypto With Your Family This Thanksgiving
While POPCAT, BONK and MOODENG capture culture and community in ways that make insiders smile, the flip side is making our industry look a little delulu. When trying to get pension funds and family offices to allocate to crypto, it’s hard to argue the virtues of Fartcoin, no matter how many brussel sprouts you’ve eaten. The memecoin craze is fun but shouldn’t overshadow the real power of crypto to bring better, more efficient, more effective financial services to the world. It’s simple — for the 1.4 billion people shut out…
Polymarket Blocks French Users Amid Gambling Inquiry
The new ban means French traders can no longer access the crypto powered prediction markets juggernaut. Source
CoinDesk 20 Performance Update: XRP Surges 19.6% As Index Climbs Higher
CoinDesk 20 Performance Update: XRP Surges 19.6% As Index Climbs Higher Source
UK to Draft a Regulatory Framework for Crypto, Stablecoins Early Next Year
The U.K.’s long awaited crypto rules are coming. Source