Britain Financial News
08.02 / 20:47
Credit Suisse cuts 35 London dealmakers in latest layoffs
Credit Suisse cut 35 bankers in the UK the day before bonus payments were announced, as the Swiss bank continues to pare back staff in an ongoing strategic overhaul.
08.02 / 19:17
Blockchain
Ethereum
Binance
Cardano
DApp
Bitcoin
Crypto Staking
Support
audit
Today in Crypto: Brave Reveals Solana Dapp Support, Revolut Announces Crypto Staking Support, Binance Full Audit is ‘Some Way Off’
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
08.02 / 18:51
business
Blockchain
Funding
Venture Capital
Banks
seed funding
UK blockchain carbon offset platform raises $45M in seed funding
According to a press release published on Feb. 8, blockchain carbon credit transaction network Carbonplace has secured $45 million in an investment round from its nine founder banks with a combined $9 trillion in assets under management. The banks are BBVA, BNP Paribas, CIBC, Itaú Unibanco, National Australia Bank, NatWest, Standard Chartered, SMBC, and UBS. The London-based fintech has also announced that it will become an independent entity, led by new CEO Scott Eaton.
08.02 / 14:43
Abrdn becomes UK’s most shorted company
Abrdn, the Edinburgh-headquartered fund management group, has become the UK's most shorted company, as hedge funds including Point72 and Citadel continue to bet on a falling share price.
08.02 / 07:11
business
Blockchain
Stablecoin
Adoption
Report
Central Bank
Bank of England
Bank of England thinks digital pound can co-exist with private stablecoins
The United Kingdom is a step closer to launching a Central Bank Digital Currency (CBDC) after releasing a consultation paper explaining the proposed digital pound, which the public has nicknamed “Britcoin.”
07.02 / 20:21
UPS
Ethereum
Provident
Lowe's
Platform
OptionBlitz Leverages Ethereum Layer 2 Protocol Arbitrum to Pioneer Zero-Day Options & Social Trading Platform
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07.02 / 19:17
Blockchain
Binance
BNB
Tether
Bitfinex
coinbase
Starkware
Holdings
Withdrawals
Today in Crypto: Lido V2 Upgrade to Bring Withdrawals and Staking Router, BANXA Holdings Integrates with MetaMask, Ramp Reveals Off-ramp Product, StarkWare to Partner with Chainlink Labs
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
07.02 / 16:49
JPMorgan
Eisler Capital appoints Eric Lonergan as portfolio manager
London-based hedge fund Eisler Capital has hired former M&G macro fund manager Eric Lonergan as a portfolio manager.
07.02 / 16:35
Digital
Ramp scores FCA approval for 'off-ramp' crypto product
Now it has secured the green light from the FCA for 'off-ramp', which empowers users to transfer their digital assets back into fiat currency.The approval means that customers in more than 130 countries can exchange from any of 38 cryptocurrencies into US Dollars, Euros, and British Pounds.Several leading Web3 companies, including Brave, Ledger, and Trust Wallet, have already committed to integrating off-ramp."To obtain and maintain our FCA registration, we must meet and operate within their strict anti-money laundering and counter-terrorist financing standards.
07.02 / 16:27
JPMorgan
HSBC
HSBC poaches JPMorgan’s Jamie Markham to lead UK and Europe coverage
HSBC has hired a JPMorgan veteran to lead its global banking coverage in the UK and Europe.
07.02 / 15:43
Digital
The Fintech Files: Britcoin is ‘likely’, plus meet FN’s anti-crypto influencers
If you thought crypto would get any less hectic in 2023, you were mistaken.
07.02 / 14:23
07.02 / 13:59
Strategy
pension
Lords urge UK regulators to urgently address pension risks
British regulators failed to properly monitor the risks created by the derivatives-based investment strategy that upended the UK’s pension sector last year, an investment approach that poses a continuing risk to companies if changes aren’t made, according to a UK legislative panel.
07.02 / 12:55
Provident
FIVE
Digital
Mobile
consultation
UK kicks off consultation on digital pound
Bank of England governor Andrew Bailey says: “As the world around us and the way we pay for things becomes more digitalised, the case for a digital pound in the future continues to grow. A digital pound would provide a new way to pay, help businesses, maintain trust in money and better protect financial stability.“However, there are a number of implications which our technical work will need to carefully consider.
07.02 / 08:23
CBDC
regulation
Central Bank
Bank of England
UK's digital pound would modernize payments but won't replace cash: Minister
The Bank of England (BoE) and U.K. Treasury are gearing up plans to create a digital currency that could "provide a new way to pay" without necessarily replacing cash.
07.02 / 06:17
Blockchain
cryptocurrency
Bitcoin
Top cryptocurrency prices today February 7: Bitcoin, Ether trade in red as crypto mcap falls
Major cryptocurrencies traded in the red early on February 7 as the global crypto market cap decreased 0.60 percent to $1.06 trillion, over the last day. The total crypto market volume over the last 24 hours is $49.85 billion, which makes a 4.18 percent increase.
07.02 / 05:39
business
Government
Blockchain
UK government
Bitcoin
Jail
Crypto firms could face 2 years jail for breaching UK advertising laws
Newly proposed advertising rules in the United Kingdom could potentially see executives of crypto firms face up to two years of prison for failing to meet certain requirements around promotion, according to the U.K. financial watchdog.
06.02 / 23:45
business
Blockchain
Technology
Web3
FinTech
Crypto Staking
Customers
Digital bank Revolut launches crypto staking for UK and EEA customers: Report
United Kingdom-based neo-banking platform Revolut, which boasts 25 million customers globally, has introduced crypto staking to its U.K. and European Economic Area (EEA) customers.
06.02 / 23:45
Stablecoin
regulation
SEC
security
Australia and the UK share their big picture of crypto: Law Decoded, Jan. 31–Feb. 6
The U.K. outline of the future financial services regulatory regime for crypto covers a broad range of topics, from the troubles of algorithmic stablecoins to nonfungible tokens and initial coin offerings. And it’s certainly good news for the industry, as the upcoming regulation doesn’t propose a ban on algorithmic stablecoins or excessive requirements on data sharing for digital asset operators.
06.02 / 19:57
Ethereum
Binance
Charity
UK
Bitcoin
Prison
ad
Today in Crypto: Bitget to Direct ₺1M to Help Turkey Earthquake Victims, UK Sets Prison Punishment for Breach of New Crypto Ad Regime, Interpol Wants to Police Metaverse
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
06.02 / 18:37
Blockchain
Digital
Platform
Mobile
EUR
GBP
Qori Launches Europe’s First Multi-channel Pay by Bank & Pay by Crypto
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
what's happening in Britain
What is the current situation in Britain?
In Britain, the spotlight is on major events that spark public discussion.
Where can I find reliable news about Britain?
We publish verified updates about the situation in Britain, based on information from regional journalists.
What shapes the media agenda in Britain?
The news landscape of Britain is shaped by the region’s internal dynamics, reflecting its specific characteristics.
