
‘Volatile’ cryptocurrency trading should be regulated as gambling, says treasury committee
Consumer cryptocurrency trading should be regulated as gambling, the treasury committee has urged. In a new report, the committee called for consumer trading in unbacked crypto assets to be treated in regulation as gambling. The cross-party committee of MPs said cryptocurrencies such as Bitcoin are being used by criminals in scams and money laundering. Unbacked crypto assets – often called cryptocurrencies – are not supported by underlying assets, the committee added. They pose significant risks to consumers, given their price volatility and the risk of losses, according to the MPs, who said retail trading in unbacked crypto more closely resembles gambling than a financial service and should be regulated as such. The report said: “We strongly recommend that the government regulates retail trading and investment activity in unbacked crypto assets as gambling rather than as a financial service, consistent with its stated principle of ‘same risk, same regulatory outcome’.” The committee pointed to HM Revenue and Customs (HMRC) figures indicating that around 10 per cent of UK adults hold or have held crypto assets. The MPs also said potential productive innovation in financial services should not be unduly constrained. They said technologies underlying crypto assets may bring some benefits to financial services, particularly for cross-border transactions and payments in less developed countries. A balanced approach should be taken to supporting the development of crypto asset technologies, while avoiding spending public resources on projects without a clear, beneficial use, the MPs said. Harriett Baldwin, chair of the treasury committee, said: “The events of 2022 have highlighted the risks posed to consumers by the crypto asset industry, large parts of which remain a wild west. “Effective regulation is clearly needed to protect consumers from harm, as well as to support productive innovation in the UK’s financial services industry. “However, with no intrinsic value, huge price volatility and no discernible social good, consumer trading of cryptocurrencies like Bitcoin more closely resembles gambling than a financial service, and should be regulated as such. “By betting on these unbacked ‘tokens’, consumers should be aware that all their money could be lost.” The committee is considering central bank digital currencies as a separate piece of work. A treasury spokesperson said: “Risks posed by crypto are typical of those that exist in traditional financial services and it’s financial services regulation – rather than gambling regulation – that has the track record in mitigating them. “Crypto offers opportunities but we are taking an agile approach to robustly regulating the market, addressing the most pressing risks first in a way that promotes innovation.” Read More Crypto rules get final approval to make Europe a global leader on regulation Is my money safe? What you need to know about bank failures Nearly 80% of APP scam cases start online, says UK Finance Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live
2023-05-17 12:55

Biden administration says judge's social media order could cause 'grave harm'
Biden administration attorneys say a Louisiana-based federal judge’s order broadly limiting executive branch communications with social media companies could cause “grave harm” by preventing the government from “engaging in a vast range of lawful and responsible conduct.”
2023-07-07 08:50

Georgia's Brock Bowers is listed as a tight end, but he can shine anywhere
Brock Bowers is a player who defies labels
2023-08-30 05:55

Trial opens for former Florida deputy in Parkland school shooting
Florida prosecutors and defense attorneys will make opening statements on Wednesday in the trial of a former sheriff's
2023-06-07 18:24

Kieran Trippier confronted by angry Newcastle fans after defeat at Bournemouth
Kieran Trippier confronted angry Newcastle fans following their 2-0 defeat at Bournemouth. The injury-hit Magpies were downed by Dominic Solanke’s second-half double on the south coast. As the players went to applaud the travelling fans after the final whistle, England full-back Trippier was filmed on social media responding to a supporter by saying: “Are the lads not giving everything? How many injuries have we got?” Afterwards, Trippier played down the incident. He told Sky Sports: “The fans are emotional, they have travelled a long way. “I had a chat with one of them, saying we are giving everything and there’s no need to panic. “We got beat and we apologise for that result, but the lads are giving everything.” Manager Eddie Howe admitted he understood the fans’ frustrations. “Kieran is fine. Emotions run high,” he said. “We all feel a bit emotional after that from our perspective. We value all our away support, we value them greatly. We thank them for their support.” It was a nightmare return to Bournemouth for Howe, who saw his side’s seven-match unbeaten Premier League run end and their injury crisis deepen. The Magpies were already missing 11 players through injury and suspension after Callum Wilson injured a hamstring in the midweek defeat at Borussia Dortmund. Howe revealed Wilson will withdraw from the England squad and faces a spell on the sidelines. They then lost Miguel Almiron to another hamstring problem midway through the first half. The long casualty list meant a first Premier League start for 17-year-old Lewis Miley in central midfield. Such are Newcastle’s lack of options they ended the match with Ben Parkinson, an 18-year-old who had never previously made a first-team appearance, playing alone in attack. “It was a game where we couldn’t be where we needed to be for it and it was a tough watch. We were unrecognisable today,” added Howe, who was the Cherries manager the last time they beat Newcastle in 2017. I think we really deserved this win Bournemouth boss Andoni Iraola “It was a real off day. There are reasons, but I don’t want to sit here and make excuses. I want to support the players.” The only surprise was that it took dominant Bournemouth an hour before they made the breakthrough. Joe Willock challenged Antoine Semenyo, the ball rolled off him into the path of Solanke who raced into the area and lashed his shot inside Nick Pope’s near post. Bournemouth doubled the lead from a corner, Solanke flicking the rebound home with his heel after Luis Sinisterra’s header hit a post. It secured only a second win of the season for Bournemouth and lifted them out of the bottom three. Boss Andoni Iraola said: “I think we really deserved this win. We played well and had good chances. Luckily we finished the job in the second half. “Dom has been very good for us. On the ball and off the ball, he helps his team-mates. He missed chances in the first half, but cleared his mind and continued playing the same way.” Read More She’s a tough cookie – Jodie Burrage backed to bounce back from nightmare debut Sean Dyche: Everton are starting to show belief on the road after latest win Mikel Arteta: ‘I’m completely with referees’ Jack Draper has grand ambitions for 2024 after falling short in Sofia Open final Matthew Mott admits some ageing England players face ‘line in the sand moment’ Ben Stokes and Joe Root give England hope of ending World Cup on a high
2023-11-12 05:18

England’s World Cup squad: Who’s on the plane, and who’s got work to do?
England manager Sarina Wiegman is set to name her squad for this summer’s World Cup in Australia and New Zealand, where the Lionesses will look to add to their Euros triumph with the game’s biggest prize. Wiegman’s side will be among the favourites as England aim to win the World Cup for the first time, but the Lionesses have been rocked by the news that captain Leah Williamson has been ruled out of the tournament after rupturing her anterior cruciate ligament. Suddenly, the England manager could be without a core of players who started for the Lionesses at the Euros last summer, which puts pressure on having the right depth throughout the squad. And with Wiegman naming her squad on 31 May following the end of the domestic season, time has run out for players on the fringes of Weigman’s plans to stake their claim. So ahead of the World Cup, who’s on the plane to Australia and New Zealand, and who’s hasn’t done enough to make the squad? Boarding cards printed Keira Walsh Arguably the most valuable player in England’s squad, given her skillset at the base of the midfield. Player of the match in the Euros final, which helped convince Barcelona into paying a world record fee for her services last August. England simply don’t have another player like her. Mary Earps England’s No 1 became World No 1 when Earps picked up the award for goalkeeper of the year at the Fifa Best ceremony last month. The 29-year-old was one of England’s standout performers at the Euros and although she made a rare mistake in the Finalissima, Earps was the hero in the penalty shootout. Alex Greenwood The Manchester City defender wasn’t a starter during the Euros but looks to have claimed the left back spot now Rachel Daly is being played up front. England have since looked more balanced and Greenwood was excellent at the Arnold Clark Cup. Can also play centre-back, where she started in the Finalissima with Bright unavailable, and that’s where she may start with Williamson ruled out. Georgia Stanway Another who started every game throughout the Euros, the midfielder took a chance and joined Bayern Munich last summer after deciding to leave Manchester City. She has since established herself as one of the German club’s most important players and played a key role as Bayern beat Wolfsburg to the Bundesliga title. Ella Toone The inventive Manchester United midfielder played the role of super sub during the Euros but looks to have forced her way into Wiegman’s starting line-up ahead of the World Cup. One of England’s goalscorers in the Euros final, Toone faded towards the end of the campaign as United were beaten by Chelsea in both the WSL title race and FA Cup final. Lauren James Could it be that England’s best player wasn’t even at the Euros last summer? James looks set to be one of the stars of the World Cup and has made an excellent start to her England career. The 21-year-old Chelsea winger won player of the tournament as England retained the Arnold Clark Cup. Rachel Daly From England’s left back at the Euros to England’s striker at the World Cup? Daly scored an astonishing 22 goals for Aston Villa in the Women’s Super League to win the Golden Boot, and WSL player of the season. Her two-goal display against Italy in February gave Wiegman a selection headache but started on the bench in April’s double-header. Alessia Russo Subject to a world record transfer bid from Arsenal in January, the Manchester United striker now faces a battle with Daly to be Wiegman’s No 9. Russo has hit 11 goals for England in just 21 appearances, including that back-heel against Sweden, but struggled slightly against Brazil and Australia. Chloe Kelly Scored England’s winning goal in the Euros final but is set to play a bigger role during the World Cup. She had only recently returned from an ACL injury last July but has been in full flight this season for Manchester City. Outstanding on the left wing during England’s Arnold Clark Cup defence. Lauren Hemp The Manchester City winger was hyped as England’s breakout star ahead of the Euros and remains an exciting talent, but there is a chance Kelly and James have moved ahead of her in the pecking order. Although her place in the squad is safe, the 22-year-old faces a battle to take back her place in the team. Almost there Millie Bright England’s vice-captain and one of Wiegman’s most important players has not played since March after suffering a knee injury playing for Chelsea in the Champions League. The centre-back was forced to pull out of April’s matches against Brazil and Australia but Emma Hayes expects her to recover in time for the World Cup. Lucy Bronze Another injury concern. Bronze has not played since undergoing keyhole surgery on her knee but the Barcelona right back is expected to be fit for the World Cup. Following the retirements of Jill Scott and Ellen White from last summer’s squad, Bronze is England’s most experienced player with 102 caps and remains one of the best in the world in her position. Jordan Nobbs The 30-year-old missed out on the Euros due to injury, but the decision to end her 12-year stay at Arsenal in January and join Aston Villa with the hope of getting more game time ahead of the World Cup has been an inspired one. That said, there is still a question over whether Wiegman is fully convinced: Nobbs didn’t play a minute against either Brazil or Australia. Jess Carter The versatile defender is one of Chelsea’s most consistent performers and is a huge asset to Wiegman due to her ability to play across the back four. Came straight back into the Arnold Clark Cup squad after missing the November internationals due to injury. Lotte Wubben-Moy The Arsenal defender is a key figure in the squad and was therefore a surprise omission ahead of the friendlies against Brazil and Australia - although she later replaced the injured Millie Bright. The 24-year-old was the “driving force” behind the Lionesses’ Euros legacy push, coming up with the idea to demand equal access to sport for girls in school and seems a natural replacement for her Arsenal team-mate Williamson in the squad. Maya Le Tissier A former England captain at Under-23 level, the Manchester United defender has impressed since stepping up to the senior side following the Euros. The 20-year-old is a ball-playing centre-back who is also comfortable at full-back, which is where she played at the Arnold Clark Cup. Katie Robinson Like Le Tissier, Robinson made the step up from Under-23 level to make her debut in November. Caught the eye with a couple of busy displays on the right wing at the Arnold Clark Cup, but faces a tougher challenge than Le Tissier for selection given the other attacking options available to Wiegman. The Reading forward may make it if Beth Mead is not fit. Niamh Charles Another versatile defender, Charles came back into contention in November after being one of those to be cut from the preliminary Euros squad. Her inclusion may depend on how many defenders Wiegman decides to take to Australia, with Greenwood and Daly also able to cover left back. Ellie Roebuck The goalkeeper is clearly back-up to Earps but remains a solid number two for England. Wiegman may give Roebuck minutes in friendlies before the World Cup, but there’s no doubt Earps will be first choice when the tournament starts. On the fringes Beth Mead Mead is “ahead of schedule” in her ACL injury recovery and still working towards the summer’s World Cup. Mead, who claimed the Golden Boot and player of the tournament award when the Lionesses won the Euros on home soil last year, has been sidelined since sustaining the injury while playing for Arsenal in November. In March, Wiegman said Mead was at that point “not in our plans” for the World Cup, adding: “If a miracle happens and she goes so fast (in her recovery), then we will reconsider it – but at this moment I don’t expect that.” Laura Coombs The Manchester City midfielder earned a first England call-up in over two years when Wiegman selected her for the Arnold Clark Cup. The 32-year-old was as surprised as anyone to return from the international wilderness. She has given herself a chance to make the World Cup and kept her place ahead of April, but didn’t play against Brazil or Australia. Katie Zelem The Manchester United captain has been one of the top midfielders in the WSL for Marc Skinner’s league leaders this season, but missed out on April’s squad despite making the past three groups since the Euros. Zelem was on the standby list for the Euros but didn’t make the cut, and there is now work to do to make the World Cup. Faces a battle with Coombs for a place. Beth England England took the chance on a January move, leaving Chelsea for struggling Tottenham, and scored 12 goals in as many games over the second half of the season. The striker couldn’t have done much more - but was left out of April’s squad for the second successive international break despite her form for Spurs. Nikita Parris The 71-cap forward was another high-profile casualty of the Arnold Clark Cup squad, and has not been given another look since. Although she is playing consistently for an impressive Manchester United side, Parris has missed out on recent squads due to a lack of goals. Improved form over the final weeks of the season may sway Wiegman’s mind. Esme Morgan Tipped by Manchester City manager Gareth Taylor as a future England captain, and Morgan returned to the squad for April despite being left out of the Arnold Clark Cup in February. Injury disrupted her 2021-22 season but Morgan has been in impressive form since. The versatile 22-year-old started alongside Williamson against Australia, but England weren’t as defensively secure as usual. Jess Park Wiegman had a look at the 21-year-old during the Arnold Clark Cup. She started in midfield against Italy and although she only lasted until half time, Park’s selection for fixtures against Brazil and Australia was a huge vote of confidence. Definitely one for the future, but certainly among consideration for now - particulary with Fran Kirby out of the World Cup. May be England’s wildcard - but a should injury ended her season early. Lucy Parker The West Ham defender was given the chance to make her England debut against Brazil and Australia with a recall to the Lionesses squad, but her wait for a first cap goes on after remaining on the bench. Parker was also selected in October, but had to withdraw due to injury. Ebony Salmon The striker made the all three England squads post-Euros but missed out on April’s fixtures. The 22-year-old wants to be England’s No 9 but is currently behind the more established Russo and Daly in the pecking order. There is not enough room for all three. Hannah Hampton The goalkeeper was dropped by England after the Euros due to “personal issues” but is now back in the Lionesses fold. Wiegman appears to be confident that the problems that arose off the pitch last year have been resolved. Longer shots Steph Houghton The former England captain was left out of Wiegman’s Euros squad following an injury-hit season with Manchester City, and has not been given a look in since. Wiegman admitted it is unlikely Houghton will make the World Cup after the 34-year-old gave an interview to the BBC where she said she has not given up hope of being selected. Her chances could have improved after Williamson’s injury, should Wiegman look to replace her current captain’s experience. Gabby George The WSL’s player of the month for January was another notable absentee from the Arnold Clark Cup squad when it was named the following month. The Everton defender received her first call up in November but another now looks unlikely, despite her club form. Demi Stokes Stokes was one of the most experienced players in the Euros squad but illness and injury have limited the defender’s WSL appearances for Manchester City this season. Lucy Staniforth Like Nobbs, Staniforth joined Aston Villa in January in a bid to make the World Cup squad. The former Manchester United midfielder has not made an England squad since being included on the preliminary list for the Euros, where she was cut from the final 23. Ashleigh Neville It’s a subject of much debate that the Tottenham defender has yet to be given a look in by England, despite being included on the six-name shortlist for WSL player of the season last year. Unfortunately for Neville, that does not look set to change in 2023. Leah Galton The in-form Manchester United forward scored 10 goals in the WSL this season, but has no plans to make herself available for international selection. Galton asked not to be selected by England after a call-up in 2019 and the 28-year-old says she is happy with the “balance” in her life without international football. Millie Turner The centre-back was sidelined for six months last season due to an artery issue, but returned at the start of this campaign and was excellent in the heart of defence for Manchester United. She has still yet to make an appearance for England, or, like club team-mate Hannah Blundell, receive a call-up from Wiegman. Out Leah Williamson “Unfortunately the World Cup and Champions League dream is over for me and everyone will think that’s the main focus, but it’s the day to day of what I’m about to go through that is the most draining of my thoughts,” said a devastated Williamson after the worst possible news was confirmed. The captain went down in pain 12 minutes into Arsenal’s defeat to Manchester United and her club confirmed she had suffered a ruptured anterior cruciate ligament. A devastating blow. Fran Kirby Another huge blow. England had hoped to give Kirby time to rehabilitate after sustaining a knee injury sustained in February, but the Chelsea star has said there will not be enough time to make it back for the World Cup as she now requires surgery. “Unfortunately after a few months of rehab the decision has made that I will require surgery on my knee,” she said. “I have been trying my best to not have to undergo this but unfortunately my progress has been limited due to the issue in my knee. I’m absolutely gutted to announce my season is over and I will not be able to make the World Cup in the summer.” Sandy MacIver The goalkeeper, who has been a fixture of recent squads, has made herself unavailable for selection due to injury. Predicted England’s World Cup squad Goalkeepers: Mary Earps, Ellie Roebuck, Hannah Hampton Defenders: Lucy Bronze, Alex Greenwood, Millie Bright, Lotte Wubben-Moy, Jess Carter, Niamh Charles, Esme Morgan, Maya Le Tissier Midfielders: Keira Walsh, Georgia Stanway, Ella Toone, Jess Park, Jordan Nobbs, Laura Coombs Forwards: Chloe Kelly, Alessia Russo, Lauren Hemp, Lauren James, Katie Robinson, Rachel Daly Read More Leah Williamson’s ACL injury has to be a final wake-up call for football Every great team loses eventually - the Lionesses’ defeat might prove perfect timing Women’s World Cup: Who are England playing and what is their group? Bethany England belongs in World Cup squad, says Tottenham’s Vicky Jepson
2023-05-29 21:56

Raiders cut ties with Chandler Jones after arrest
The latest report reveals that the Las Vegas Raiders have made the decision to release star DE Chandler Jones following a tumultuous week filled with legal issues. Everyone is extending their best wishes and hoping he can receive the necessary assistance.
2023-10-02 02:26

Coventry City vs Luton Town LIVE: Championship latest score, goals and updates from fixture
Follow live coverage as Coventry City face Luton Town in the Championship today. English football's second tier is one of the most-watched leagues in Europe with a relentless fixture schedule and the prize of a place in the Premier League on offer combining to make it one of the most dramatic and exciting competitions in world football. Burnley were relegated from the top tier in 2022 but return refreshed and hopeful of making it back and equally Watford no doubt enjoyed their time in the Premier League too and are also keen to return. Norwich know what it takes to earn promotion from the Championship and will again be one of the favourites to do it again with one of the best squads in the division. It isn't all about the battle for promotion, either, with Wigan, Rotherham and play-off winners Sunderland hoping their ascensions from League One aren't short-lived as they battle to avoid the drop at the bottom. We will bring you all the action and updates from today's game in the live blog below:
2023-05-28 01:19

Air France pilot falls off cliff to his death while hiking California's towering Mount Whitney
A pilot from France who disappeared while hiking California’s towering Mount Whitney was found dead after falling about 1,000 feet off a cliff
2023-10-21 06:26

Burt Young, 'Rocky' actor, has died at 83
Burt Young, a former boxer who found fame playing tough guys in Hollywood, died earlier this month, his daughter Anne Morea Steingieser told the New York Times.
2023-10-20 00:50

Country Garden credit distress likely to spill over to China markets - Moody's
LONDON Credit distress at Chinese private developer Country Garden is likely to spill over to the country's property
2023-08-11 18:57

Brewers designate OF Raimel Tapia for assignment and promote OF Sal Frelick
The Milwaukee Brewers have designated outfielder Raimel Tapia for assignment
2023-07-23 03:49
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