Britain Financial News
17.05 / 19:45
17.05 / 17:21
markets
SEC
Bitcoin
Bitcoin Price
Bitcoin price capitulation below $26K increases as Friday’s BTC options expiry looms
Bitcoin (BTC) price lost steam after a failed rupture of the $27,500 resistance on May 15, putting bears in a better position for the May 19 expiry. The regulatory newsflow likely played a key role in trimming investors’ risk appetite as governments seek more control over the sector.
17.05 / 15:53
Blockchain
Waves
Platform
Align
Limelight
boost
VC funding
rights
VC Funding Boost for Web3 Marketplace Following Success with Rihanna's Music Rights
The advent of tokenized music assets and NFTs allowed investors to acquire rights to their favorite music, a feat that was nearly impossible a few years back.
17.05 / 14:11
UPS
National
Systematica shorts National Express as losses go up 147%
Jersey-based hedge fund Systematica Investments has placed a short bet against National Express as the coach company's losses continue to rise.
17.05 / 13:45
Provident
Ripple
XRP
SEC
CEO
Fighting
Harmonic
Ripple buys crypto custody provider Metaco
The acquisition marks Ripple's first foray into a growing institutional crypto custody market that the firm says could hit $10 trillion by 2030. Metaco's main offering, Harmonize, has been chosen by major global custodians, top-tier banks such as Societe Generale, and corporates.
17.05 / 13:07
regulation
Gambling
UK
crypto regulation
Sky News
MPs
Influential UK MPs Push for Crypto Trading to be Classified as Gambling
The UK Treasury Select Committee has suggested the country regulate cryptocurrency trading as a form of gambling rather than a financial service.
17.05 / 12:27
17.05 / 08:43
Aware
Bitcoin
UK treasury
committee
Regulate crypto as gambling says UK Treasury Committee
The influential cross-party Committee of MPs declared that cryptocurrencies such as bitcoin have no intrinsic value and serve no useful social purpose, while consuming large amounts of energy and being used by criminals in scams, fraud and money laundering. The Committee's conclusions are at odds with Prime Minister Rishi Sunak's ambitions to make the UK into a global hub for cryptoasset technology.
17.05 / 08:41
Blockchain
Global Blockchain Congress – European Edition by Agora Group on July 24th & 25th in London, the UK.
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
17.05 / 08:07
17.05 / 03:07
Blockchain
regulation
Trading
Gambling
UK government
Bitcoin
lawmakers
Crypto retail trading should be regulated as gambling: UK lawmakers
The trading of so-called “unbacked cryptoassets” such as Bitcoin (BTC) and Ether (ETH) should be regulated as gambling rather than a financial service, a panel of British lawmakers said in a new report.
16.05 / 17:05
16.05 / 13:29
Provident
Digital
EU Countries Officially Approve MiCA Crypto Regulation Rules – Here's What You Need to Know
On May 16, the European Union states gave the final nod to the world's first comprehensive set of rules to regulate crypto assets, known as the Markets in Crypto-Assets (MiCA) regulation.
16.05 / 11:55
UPS
dealmaking
Berenberg ramps up dealmaking ambitions as Laura Janssens leads European investment bank
Berenberg has named a new head of its European investment bank, promoting a long-serving executive to lead its business from the UK as it ramps up its ambitions for its dealmaking unit.
16.05 / 11:55
Goldman Sachs axed 250 UK bankers in the first quarter amid 14% pay cut
Goldman Sachs stripped out 250 employees in its UK operations in the first quarter of 2023 as the Wall Street giant rolled out its deepest cuts since the 2008 financial crisis.
16.05 / 11:55
Digital
The Fintech Files: Inside the Bank of England’s ‘Britcoin’ push as digital pound looms
In case we needed any more indication that a UK central bank digital currency is firmly on the horizon, the Bank of England is planning to significantly bolster the number of staff working on the project.
16.05 / 08:19
Fighting
UK Finance
tax breaks
UK Finance urges clawback on tax breaks if firms ditch London IPO
The government should look at financial penalties if firms decide to list outside of the UK, an influential trade body has argued, in one of the strongest proposals yet in the fight to keep IPOs in the City.
15.05 / 17:09
Ethereum
CBDC
regulation
Europe
Bitcoin
G7 pushes accelerating global implementation of ‘travel rule’ for crypto assets
The G7 committee recently met in Niigata, Japan, to discuss, among other topics, the global financial implications for central bank digital currencies (CBDCs) and the laws governing the transfer of cryptocurrency assets.
15.05 / 16:29
Fighting
Guy Hands loses legal fight with government over property company
A legal tussle between Annington Homes, a property company owned by Guy Hands’ private equity firm Terra Firma, and the UK government has resulted in an application for judicial review by Annington being thrown out by the High Court in London.
15.05 / 15:25
UPS
Sky News
EY UK shakes up top team after split failure
The UK arm of EY has reshuffled its top management team in the wake of the failure of the global firm’s plan to split between audit and consulting.
15.05 / 15:21
Blockchain
litecoin
SEC
Samsung
G7
Bitcoin
500
Today in Crypto: Samsung Reportedly Partners with Bank of Korea on Offline CBDC Payments, G7 Discussing Crypto, China to Train 500,000 Blockchain Professionals
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
what's happening in Britain
What is the current situation in Britain?
In Britain, the spotlight is on local government initiatives that impact the interests of residents.
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