According to CoinDesk, the UK government is set to initiate a pilot program for a digital gilt instrument utilizing distributed ledger technology (DLT). This announcement was made by the Treasury in a statement released on Thursday. The digital gilt instrument, akin to a bond, is part of a broader strategy to enhance financial services growth and competitiveness. Finance Minister Rachel Reeves is expected to reveal this initiative during her first Mansion House speech, alongside measures to regulate Environmental, Social, and Governance (ESG) ratings providers and pension mega funds. Gilts, which are government-issued bonds in the UK, will be at the center of this innovative approach. The Mansion House Speech serves as an annual platform for the finance minister to outline long-term visions. Since the Labour Party assumed power in July, there has been limited communication regarding its stance on cryptocurrency. However, the Treasury's recent statement indicates that the upcoming speech aims to reassure businesses of the government's commitment to innovation, especially in the wake of crypto-friendly policies following Donald Trump's election victory. The pilot project for the digital gilt instrument underscores the government's dedication to advancing the financial services sector through technological innovation. DLT, the technology supporting crypto assets, allows data to be maintained and updated across multiple nodes, ensuring transparency and security. Tulip Siddiq, the economic secretary at the Treasury, has indicated that the Labour Party will soon unveil its plans for the crypto sector. According to Bloomberg, Labour is expected to follow the previous Conservative government's path by introducing legislation for stablecoins and staking. This move is anticipated to align with the ongoing global trend of integrating digital assets into traditional financial systems, further solidifying the UK's position as a leader in financial innovation.

The company will use the funds for strategic growth in key markets as it intensifies its sell-side expansion for banks, brokers and exchanges. The post Wyden Expands Digital Asset Trading Services With CHF 14.5M Series B Led By Truffle Capital appeared first on NFTgators . source: https://www.nftgators.com/wyden-expands-digital-asset-trading-services-with-chf-14-5m-series-b-led-by-truffle-capital/

Harry Halpin and Chelsea Manning explain the workings of the ZK-powered privacy project’s super-secure VPN. source: https://decrypt.co/291657/privacy-project-nym-nsa-proof-vpn

Shane Coplan, CEO of decentralized prediction platform Polymarket, believes the recent FBI search of his devices may have political motives. The post Polymarket CEO Suggests FBI Search May Have Political Motivations appeared first on Cryptodnes. source: https://cryptodnes.bg/en/polymarket-ceo-suggests-fbi-search-may-have-political-motivations/

Bitcoin is down to $88,000 after reaching its ATH at $93,000 a day before.  Bitcoin has had a bullish momentum after the 2024 presidential results, and it is up 35% in the past month. However, it has dropped since then and is fluctuating between 88,000 and 89,000 according to data by Coinmarketcap. source: https://www.cryptopolitan.com/bitcoin-down-to-88000-from-an-all-time-high/

The post SEC Chair Gensler Sticks to Crypto Rules Despite Trump’s Threat to Fire Him appeared first on Coinpedia Fintech News Gary Gensler, the chair of the U.S. Securities and Exchange Commission, reiterated his call for cryptocurrency exchanges to register with the agency and highlighted the need for proper disclosures from those selling securities, as his tenure at the SEC may be nearing... source: https://coinpedia.org/news/sec-chair-gensler-sticks-to-crypto-rules-despite-trumps-threat-to-fire-him/

According to ShibDaily, a recent survey by the Federal Deposit Insurance Corporation (FDIC) has revealed that underbanked households in the United States are engaging with cryptocurrency more frequently than fully banked households. The survey, which was released on November 12, 2023, analyzed responses from approximately 60,000 households to identify trends in cryptocurrency usage across different demographics. The findings indicate that 6.2% of underbanked households, defined as those with a bank account but also relying on nonbank services like payday loans or check cashing, are using cryptocurrency. This is in contrast to 4.8% of fully banked households. Underbanked households constitute about 14.2% of U.S. households, equating to roughly 19 million households. The survey also highlighted that cryptocurrency usage is notably higher among younger, highly educated, and working-age households, as well as among Asian and white households. Income disparities were evident in the survey results, with 7.3% of households earning $75,000 or more using cryptocurrency, compared to only 1.1% of those earning less than $15,000. The majority of households using cryptocurrency held it as an investment, while only 4.4% used it for online purchases. The report also noted that just 1.2% of unbanked households, those without checking or savings accounts, used cryptocurrency. Most unbanked households continue to rely on cash, prepaid cards, and online payment apps like PayPal or Venmo. FDIC Chairman Martin Gruenberg emphasized the ongoing disparities in banking access among minority, lower-income, disabled, and single-parent households, highlighting the need for targeted solutions to bridge these gaps. The survey underscores the differences in how cryptocurrency is perceived and used among various household groups. While most users hold cryptocurrency primarily as an investment, younger and higher-income households are more inclined to experiment with it for both investment and transactions. In contrast, lower-income groups often face barriers such as limited financial literacy and resources, affecting their ability to engage with digital assets. With the rising adoption of cryptocurrency among underbanked groups, regulators like the FDIC are increasingly focusing on consumer protection and financial literacy. The findings suggest a growing need for policies that address these shifts in financial access, especially as more Americans seek alternatives to traditional banking services.

South Korean authorities have reportedly arrested 215 individuals who are allegedly behind a cryptocurrency investment scam that defrauded thousands of victims. Yonhap News reports that the suspected perpetrators, including a YouTuber with 620,000 subscribers, received 325.6 billion won, or around $231 million, from 15,304 people who were enticed to invest their money in crypto for […] The... source: https://dailyhodl.com/2024/11/14/crypto-youtuber-among-those-arrested-for-allegedly-running-231000000-fraud-in-korea-report/

This new website offers a quick resource that shows just how fast everything is depreciating against Bitcoin. source: https://bitcoinmagazine.com/markets/your-savings-salary-collapsing-against-bitcoin

Moodeng (MOODENG) reached a new price record as recently launched top memes are having a field day. The token expanded after Binance showed signs of being more confident with its new meme listings.  Moodeng (MOODENG) is one of the meme tokens to rally in the past few days, reaching a new phase of price discovery. […] source: https://www.cryptopolitan.com/moodeng-moodeng-reaches-all-time-high-amid-rumors-of-binance-loading-up-for-future-listing/

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埃隆·马斯克在推特上多次发布关于这只宠物松鼠的帖子，并表示「唐纳德·特朗普总统会拯救松鼠」「一只松鼠和一种 meme 币拯救了美国」，该话题不断卷入政治领域。

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特朗普,BTC,比特币冲破 9 万美元 「特朗普效应」还能走多远？ 金色财经,比特币要上天？

BTC,BTC 持续新高 大陆用户也能合规购买加密货币了？ 金色财经,重大突破，支持大陆用户购买稳定币的应用来了。

今日晚间推荐阅读：1.TVL破10亿 MOVE系明星Aptos上有哪儿些项目值得埋伏；2.从安乐死到拯救美国：网红松鼠Peanut的前世今生；3.Polymarket和自由市场在预测中的作用；

金钱永不眠，新的故事还在路上，而这一次希望你能赢。

Elon Musk,DOGE,马斯克领导的政府效率部（DOGE）到底能做什么 11个问题看懂 金色财经,DOGE如何运作

Aptos,move,金色观察 | TVL破10亿 MOVE系明星Aptos上有哪儿些项目值得埋伏 金色财经,提早布局Aptos才不会高位接盘

Ross Ulbricht, the founder of the Silk Road, hopes for a presidential pardon from Donald Trump, who previously promised to commute his life sentence. Despite past unfulfilled pledges, Ulbricht’s supporters remain hopeful, while others question whether Trump will act on his previous commitments.