Britain Financial News

28.09 / 01:47

rights Italian activists raise alarm over abortion rights after Meloni's win

As Giorgia Meloni is set to become Italy’s first female prime minister, some activists in the country are concerned about what that could mean for abortion rights.

28.09 / 01:35

Law regulation Cybercrime Training Binance Global Law Enforcement Training Program is official after year of activities

Binance announced the existence of its Global Law Enforcement Training Program in a blogpost on Sept. 27. The creation of the program could be considered retroactive, since the company’s investigations team has been holding workshops for law enforcement for the past year.

28.09 / 00:37

UPS Reuters Digital How Russia’s CBDC might allow it to evade sanctions, trade with China

On 26 September, the United Kingdom announced a new package of sanctions against Russia. This round contains 92 sanctions, in response to referendums held by Russia in Ukraine following its controversial invasion. A number of these sanctions are meant to hurt executives from state-backed financial institutions.

27.09 / 20:29

cryptocurrency Global Markets Bitcoin Currencies around the world are tumbling. Except Bitcoin

The surging dollar is wrecking stock portfolios, clobbering commodity prices and sinking rival currencies. The British pound has been among the most volatile currencies against the dollar, tumbling 5.6% over the past seven days, and briefly hitting a record low Monday of $1.0327.

27.09 / 20:05

Law regulation Revolut UK crypto FCA green lights Revolut, making no UK crypto firms operating under temporary status

The United Kingdom’s Financial Conduct Authority, or FCA, has added cryptocurrency-friendly payments app Revolut to its list of companies authorized to offer crypto products and services in the country.

27.09 / 19:27

Ethereum Bitcoin The British pound collapse and its impact on cryptocurrency: Watch the Market Report

On this week’s The Market Report show, Cointelegraph’s resident experts discuss why the British pound is at its all-time low and how that might impact the cryptocurrency market.

27.09 / 18:33

markets Bitcoin Dollar Bitcoin, British Pound trading volume soars 1150% as UK's currency risks dollar parity

Bitcoin (BTC) will see increased interest from the United Kingdom “very quickly” as fiat currency volatility makes BTC look like a stablecoin.

27.09 / 18:03

business Blockchain economics Global think tank suggests blockchain in public finance can help reduce fraud

The Official Monetary and Financial Institutions Forum, or OMFIF, an independent global think tank for central banking and economic policy, has released a report suggesting that blockchain technology in a public finance management system could provide information essential to “formulate and design fiscal policy.”

27.09 / 17:55

European Union Occupied areas of Ukraine vote to join Russia in referendums branded a sham by the West

According to an early count, up to 98% of voters have said yes to joining Russia in the four Moscow-occupied areas of Ukraine, Russian state-owned media outlets reported on Tuesday.

27.09 / 17:55

European Union In Rome's progressive neighbourhood, Meloni's victory causes anger and concern

Located just outside the ancient Aurelian Walls that surround the ancient part of central Rome, the neighbourhood of Pigneto is widely considered the most progressive part of the Italian capital.

27.09 / 16:19

fall Gilt yields fall from four-decade surge as Treasury tries to calm bond markets

UK government bonds rallied strongly on 27 September, forcing yields down from multi-year highs, as the selloff sparked by the government’s tax-cutting budget ran out of steam after the Bank of England and Treasury tried to calm markets.

27.09 / 16:09

Provident Progressive Revolut wins FCA approval for crypto service

The long wait for authorisation is believed to have stemmed from AML compliance issues, which have since been resolved.The FCA's green light will provide some succour for Revolut, which is still awaiting the watchdog's approval for a UK banking licence.Revolut submitted the licence application in January last year, and the FCA's tardiness in responding has been a source of frutration for the firm's go-getting boss Nik Storonsky. In June, he openly called out the regulator for its slow progress in processing the paperwork.

27.09 / 14:37

Environmental protection Europe's energy crisis European Commission Pipelines Sabotage fears after several gas leaks are identified in Nord Stream pipelines

Danish and Swedish authorities have issued navigation warnings after two gas leaks were identified on the Nord Stream 1 pipeline, which the Kremlin shut down earlier this month for an indefinite period of time in retaliation for Western sanctions.

27.09 / 14:13

Environmental protection Europe's energy crisis Ukraine war: Here's how quickly Russia could annex 15% of country after 'sham referendums'

Russia could declare the annexation of 15 per cent of Ukraine on Friday as Moscow-backed "referendums" end, according to British officials.

27.09 / 13:43

ETF Platform 2024 Freetrade turns to crypto for European growth, plans to break even in 2024

Freetrade has set its sights on cryptocurrencies as part of a push into Europe, as the well-known trading app plans to turn a profit by the end of 2024.

27.09 / 12:26

CEO Platform Helena Morrissey to step down as AJ Bell chair over CEO succession

Baroness Helena Morrissey has stepped down as chair of online investment platform AJ Bell after less than a year in the role.

27.09 / 08:45

XRP US Federal Reserve Bitcoin week Crypto week at a glance: Volatile week for Bitcoin; Ethereum loses sheen

Bitcoin, dropped by over 4 per cent during the week while Ether shed over 8 per cent.XRP witnessed a mega rally due to the positive news around the ripple lawsuit and jumped by 30 per cent during the week. The third consecutive rate hike announced by the US Federal Reserve will have a significant impact on the crypto market in the coming weeks. Here are some important crypto developments of the week:Iran’s tryst with CBDCIran’s central bank has started CBDC trials to turn banknotes into programmable currency. The crypto rial will be a digital version of the country’s fiat currency, which could be a game changer for the country’s digital economy.

27.09 / 04:43

business Payments MasterCard partnership Bored Apes, Moonbirds to feature on NFT-customized Mastercard debit cards

Mastercard has launched customizable nonfungible token (NFT) debit cards, allowing some cardholders who own avatars from select NFT collections to add the artwork onto the payment's card.

27.09 / 03:21

UPS Future UK funds industry assets top £10tn, but trade body warns over future growth

The trade body representing UK asset managers has warned that the pace of growth that helped to buoy industry assets under management to a record high last year is unlikely to continue, with the war in Ukraine and soaring inflation curbing expectations.

27.09 / 02:11

business Investments exchanges FTX, Binance and CrossTower are competing to buy Voyager Digital assets: Source

Cryptocurrency exchanges FTX, Binance and CrossTower are competing to acquire beleaguered crypto lender Voyager Digital’s assets out of bankruptcy, according to insider sources.

27.09 / 01:59

UK: Fears that market turmoil over Truss tax cut plan could hit Europe's economy

Fears have been expressed that the market turmoil in response to the new British government's financial plan could further weaken Europe's economy.