Tag: London

London Stock Exchange Sets May 28 for Crypto ETN Trading Commencement

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The London Stock Exchange (LSE) has designated May 28 as the start date for trading in Crypto Exchange-Traded Notes (ETNs). Only professional investors will have authorization to engage in trading activities related to these ETNs. ETN issuers have until April 15 to submit their plans, ensuring eligibility for trading commencement in May. The LSE decided to commence trading on May 28 after careful consideration. It allows sufficient time for ETN issuers to meet the requirements outlined in the Crypto ETN factsheet. Additionally, it provides issuers planning to admit securities on…

London Stock Exchange to list Bitcoin and Ethereum ETNs starting in May

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The London Stock Exchange will start trading Bitcoin and Ethereum exchange-traded notes in May.  Starting April 8, the London Stock Exchange (LSE) will begin accepting listing applications for cryptocurrency exchange-traded notes (ETNs). The announcement follows the Exchange’s previous one and marks a significant milestone in integrating digital currencies into the U.K.’s financial market. Following the applications in April, the LSE will start trading crypto ETNs on May 28, pending approval from the Financial Conduct Authority (FCA). The inclusion of Bitcoin and Ethereum ETNs aims to attract a wide array of…

London Stock Exchange (LSE) Will Start Market for Bitcoin and Ether ETN’s May 28

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ICO reprimands London Mayor’s Office for Policing and Crime for complaint web form error

Web form to complain about the Metropolitan Police Service accidentally revealed victims’ data 394 people notified of potential personal data breaches Data breach “a completely avoidable error that has the potential to jeopardise public confidence in the criminal justice system” – ICO The London Mayor’s Office has today been reprimanded by the Information Commissioner’s Office (ICO) for a web glitch that potentially revealed the personal information of people who were complaining about the Metropolitan Police Service. The London Mayor’s Office for Policing and Crime (MOPAC), which is responsible for oversight…

Wealthy London Residents Reportedly Use Cryptocurrency for High-End Property Rent Payments

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Some of London’s wealthy residents are reportedly using cryptocurrency to pay for luxury home rentals. High interest rates and a dampened real estate market have led the city’s affluent residents to opt against buying properties. The acceptance of payment in cryptocurrency demonstrates the real estate agency’s openness and its eagerness to become “a leader within […] Source

London Stock Exchange Embraces Digital Assets by Accepting Crypto ETN Applications

In a pivotal announcement, the London Stock Exchange (LSE) has shared its plans to accept bitcoin and ethereum exchange-traded note (ETN) applications, signaling a significant shift toward incorporating digital currencies into mainstream financial markets. LSE Announces Acceptance of Crypto ETNs The launch of bitcoin (BTC) and ethereum (ETH) ETNs on the LSE platform marks a […] Source CryptoX Portal

London Stock Exchange to open applications for Bitcoin, Ethereum ETN admission

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The main stock exchange in the United Kingdom is set to start accepting applications for crypto-tied exchange-traded notes. The London Stock Exchange (LSE) revealed in a press release on on Mar. 11 that it will start accepting applications for the admission of Bitcoin (BTC) and Ethereum (ETH) crypto exchange-traded notes (ETNs) in Q2, 2024. Although the exact launch date remains unclear as the LSE plans to disclose it “in due course,” the exchange noted that it plans to accept applications in accordance with the details contained in the crypto ETN…