FCA to wait till 2026 to launch official crypto policy with 12% of UK owning digital assets

Crypto ownership in the UK has increased to 12% of adults, up from 10%, according to the Financial Conduct Authority’s (FCA) latest research published on Nov. 26. Awareness of cryptocurrencies also grew, reaching 93% of the adult population. The FCA’s study revealed that the average value of crypto holdings per person rose from £1,595 to The post FCA to wait till 2026 to launch official crypto policy with 12% of UK owning digital assets appeared first on CryptoSlate.

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Solana memecoins turn to NSFW content as Pump Fun livestreams resemble adult webcam site

Pump.fun, the decentralized memecoin generation and promotion platform on Solana, is experiencing a rise in live-streaming NSFW content as memecoin creators incorporate adult-themed material into their tokens. The platform, launched in Jan. 2024, enables users without coding skills to create and trade memecoins swiftly, contributing to its rapid growth. Per a CryptoSlate analysis, creators on The post Solana memecoins turn to NSFW content as Pump Fun livestreams resemble adult webcam site appeared first on CryptoSlate.

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Institutions using Bitcoin to support pension funds, adding BTC to loans

Newmarket Capital has completed a loan that combines traditional real estate financing with Bitcoin collateral, introducing a novel approach to lending reported on CNBC’s “Squawk Box” on Nov. 22. The loan refinances a 63-unit multifamily property in Philadelphia and incorporates 20 Bitcoin into the collateral package. The transaction allows the property’s sponsor to repay the The post Institutions using Bitcoin to support pension funds, adding BTC to loans appeared first on CryptoSlate.

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FTX co-founder Gary Wang sentenced to ‘time served’ as FTX criminal cases end

Gary Wang, co-founder and former chief technology officer of crypto exchange FTX, was sentenced to time served with no additional jail time after providing extensive cooperation to U.S. prosecutors in one of the largest financial fraud cases in history, as reported by Inner City Press. Inner City Press shared live updates from the court via The post FTX co-founder Gary Wang sentenced to ‘time served’ as FTX criminal cases end appeared first on CryptoSlate.

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Polymarket survives post-election drop-off though volume falls 60%

Polymarket, the leading platform for prediction markets, exhibited groundbreaking activity across its markets over recent months. With the US presidential election, major sporting events, and significant crypto milestones as central topics, the data illustrates significant user drop-off after the election. However, volume and activity mostly remain in an upward trend even without the landmark market. The post Polymarket survives post-election drop-off though volume falls 60% appeared first on CryptoSlate.

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