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The European powerhouse set to become the hub for digital payments

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Virtual Bitcoin cryptocurrency financial market graph

The UK is set to regulate a number of cryptocurrencies, all in a bid to become a hub for digital payment organisations.

Stablecoins will officially become recognised payment methods, with the intention of giving people the confidence to shop with the virtual currencies.

Stablecoins operate by having a fairly consistent value… with tehir price linked back to more traditional assets like gold.

The nation’s Chancellor says he wants to see the UK transform into a crypto hub… home to the “jobs of tomorrow”.

The government says this strategy is all about building consumer confidence, and encouraging long-term investments.

But the digital assets not without their own controversy, in 2021, Hong Kong based Tether faced questions over business practices.

It was later fined US $41million by the Commodities Futures Trading Commission for allegedly mis-stating its reserves.

It remains unclear which stablecoins will be regulated in Britain.

William is an Executive News Producer at TICKER NEWS, responsible for the production and direction of news bulletins. William is also the presenter of the hourly Weather + Climate segment. With qualifications in Journalism and Law (LLB), William previously worked at the Australian Broadcasting Corporation (ABC) before moving to TICKER NEWS. He was also an intern at the Seven Network's 'Sunrise'. A creative-minded individual, William has a passion for broadcast journalism and reporting on global politics and international affairs.

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Warner Brothers & Discovery considers splitting up to boost stock value

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Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

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Investors worldwide grow increasingly optimistic about Trump winning the election

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Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

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Netflix expands use of ads despite slow subscriber growth

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Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

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