Britain Financial News

The next G7 meeting might bring a push from the seven biggest democracies for tougher regulations on cryptocurrencies around the world, Kyoto news agency reports on March 25.

The hacker behind the $196 million exploit on lending protocol Euler Finance has returned the majority of the stolen assets, according to on-chain data. 

Credit Suisse's head of compliance for its UK and European investment bank is set to depart during a critical period for the Swiss lender as it prepares to complete its takeover by rival UBS. Mark Taylor, a financial crime specialist who joined Credit Suisse from Goldman Sachs in 2018, will leave the Swiss bank by June.

As per an analysis by Developer Report, the U.S. ceded a considerable chunk of the blockchain development pie to emerging markets around the world.

Deutsche Bank AG’s shares fell as much as 14% on 24 March, marking the bank’s third consecutive day of losses. Its stock dropped as low as €7.95.

With Coinbase seemingly on the verge of a court battle with the Securities and Exchange Commission (SEC), the firm has emphasized that the U.S. government’s hawkish approach to crypto regulation has “left a vacuum that other countries are eager to fill.’

European banks are going into the weekend with renewed fears surrounding their future, as shares of Deutsche Bank plunged over 7% on the New York Stock Exchange on March 24, after a down day on Frankfurt's markets. 

Two UK-based dealmakers at Credit Suisse are set to join competitors in the City, as rival banks circle for talent after its tie-up with UBS.

A recent article surfaced alleging that Binance employees and volunteers were assisting Chinese users on how to bypass Know Your Customer (KYC) and other security protocols. 

In a surprising turn of events, Binance, the world's largest cryptocurrency exchange by daily trading volume, has temporarily suspended all online spot trading on its platform.

Shares of Twitter founder Jack Dorsey’s fintech firm Block fell 15% on Thursday after the company was targeted by professional short sellers.

Credit Suisse's head of compliance for its UK and European investment bank is set to depart during a critical period for the Swiss lender as it prepares to complete its takeover by rival UBS. Mark Taylor, a financial crime specialist who joined Credit Suisse from Goldman Sachs in 2018, will leave the Swiss bank by June.

Britain's finance ministry plans "robust" regulations for cryptocurrency assets, following the collapse of crypto exchange FTX last year, which left millions of people nursing billions of dollars in losses.

Bim Afolami MP is a former HSBC executive, corporate lawyer at Freshfields Bruckhaus Deringer, and chairs the All-Party Parliamentary Group for Financial Markets and Services

Following the failure of its acquisition agreement with Robinhood (HOOD), cryptocurrency platform Ziglu is in discussions with investors interested in buying it for a lesser price, according to a 23 March report.

Former British Prime Minister Boris Johnson is in the process of adding a historic country mansion to his property portfolio in a £3.8m cash deal, according to sources with knowledge of the transaction.

The electric vehicle (EV) charging industry has been inundated with intriguing news this week, with the U.S. government initiating a plan to spend billions of dollars on building public EV charging stations across the country. 

Credit Suisse's head of compliance for its UK and European investment bank is set to depart during a critical period for the Swiss lender as it prepares to complete its takeover by rival UBS.

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

Two UK-based dealmakers at Credit Suisse are set to join competitors in the City, as rival banks circle for talent after its tie-up with UBS.

In an email to customers, Binance says it will suspend sterling deposits and withdrawals via card and Faster Payments from 22 May. The exchange says the move has been forced by Paysafe subsidiary Skrill's decision to stop offering fiat services. Less than one per cent of Binance customers are affected and those that are can still access their GBP balances. The sterling news comes shortly after Binance had to suspend all dollar bank transfers and amidst growing regulatory scrutiny of the exchange in the wake of the FTX collapse. Th US Justice Department is investigating the firm over suspected money laundering and sanctions violations while the SEC is eying its BUSD stablecoin. Binance says it is working to find an alternative to Paysafe but a partner could be hard to come by. In 2021, the exchange lost access to Faster Payments after the FCA ordered it to stop regulated activities in the UK. The following year, it regained access via Paysafe but even then the FCA raised concerns about the move while conceding that is had "limited powers" to object. Now, Skrill says it has "concluded that the UK regulatory environment in relation to crypto is too challenging to offer this service at this time".