The growth of the #cryptoindustry in the UK can be attributed to a number of factors, including a supportive regulatory environment, a large and active fintech sector, and a growing interest in cryptocurrencies among retail investors. The UK Financial Conduct Authority has taken a proactive approach to regulating crypto assets, and has implemented measures to prevent money laundering and protect consumers.

The global #cryptomarket is expected to gross $37.8bn in revenue this year, 105% more than in 2022, and almost half of that value will come from the United States, the world's largest crypto market. Although the US market accounts for the largest share of global crypto revenues, one other crypto market is expected to witness much more significant growth. Moreover, statistics show that the UK's crypto sector is growing faster than the global crypto market.

Today's Headline in NewsHours
0:00 Intro
2:13 #Microsoft inks 10 year deal with Spain's Nware
2:40 CCI to bring digital mkt data unit for regulating tech platforms
3:10 Pune to become the key centre for Quantum Mission
3:45 #BBC chairman Richard Sharp steps down after breaching rules
4:13 #Meta CEO Mark Zuckerberg's wealth increases by $10 bn


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