Britain Financial News
06.07 / 14:29
Stablecoin
SEC
Europe
UK
financial stability
Financial
regulatory
Regulatory Scrutiny Increasing as Crypto Becomes Financial Stability Risk – Report
There has been a sharp increase in regulations targeting the crypto space, with regulatory bodies mainly in North America and Europe aiming for everything from non-fungible tokens (NFTs) to stablecoins and ordinary cryptocurrencies, found a global RegTech (regulatory technology) firm CUBE.
06.07 / 13:17
‘Hangover cure’ pill launches in the UK: How does it work and what are the risks?
A new anti-hangover supplement, marketed by the Swedish brand Myrkl, has gone on sale in the UK.
06.07 / 12:55
UK equity fund outflows top £6.4bn as bear market fears take hold
UK-company-focused funds posted their worst-ever month of outflows in June, with more than £1bn heading for the exit as investors feared the impact of a bear market.
06.07 / 12:53
European Union
Research
MPs
Crunch day for Boris Johnson as he faces MPs after a flood of resignations
Today could be a crucial day in the survival of British Prime Minister Boris Johnson, following the resignation of two senior ministers yesterday, and further calls for him to step down.
06.07 / 02:15
Payments
regulation
UK government
High-ranking crime fighter to join UK’s FCA as payments and digital assets director
UK regulator the Financial Conduct Authority (FCA) has recruited almost 500 additional staff members this year as part of its new three-year strategy. Among the new hires are six directors, whose appointments were announced July 5. Two of them come from backgrounds in policing.
05.07 / 21:43
Sunak
Rishi Sunak, Sajid Javid resign in major blow to Johnson’s government
British Prime Minister Boris Johnson suffered a serious political blow on 5 July as his treasury chief and health secretary resigned from his cabinet, saying they no longer had confidence in his leadership.
05.07 / 20:53
Research
NATO
Two key ministers quit UK government in major blow to Boris Johnson
Two key UK ministers quit within minutes of each other on Tuesday evening in a major blow to under-fire Prime Minister Boris Johnson.
05.07 / 19:49
Law
Central Bank
Bank of England
market volatility
regulatory
crypto market volatility
Crypto market volatility shows need for 'enhanced regulatory and law enforcement frameworks' — BoE
The Bank of England has called for “enhanced” regulations of crypto to address potential risk to the country’s financial stability amid the market capitalization dropping more than $2 billion.
05.07 / 19:25
Ethereum
Binance
Bitcoin
NFT Stamps and Use Cases, Crypto Taxation in UK, Frozen USD 85M + More News
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
05.07 / 18:37
Platform
Bitcoin
CoinLoan cuts down on its daily withdrawal cap by 99%
Cryptocurrency lending firm CoinLoan has declared it will reduce its $5,000 daily withdrawal cap from $500,000. The new $5,000 daily withdrawal cap for consumers is a 99% reduction from its prior cap. According to the company, while it remains “unaffected” by recent market turbulence, a hike in money withdrawals is the reason behind this decision.
05.07 / 15:25
regulation
Taxes
UK government
UK government seeks public input on DeFi taxation
The government of the United Kingdom is asking the public for input on the taxation of crypto asset loans and staking in the context of Decentralized Finance (DeFi).
05.07 / 14:41
UPS
Barclays set to bolster Paris trading hub with bigger offices
Barclays is set to move into a new, bigger office in Paris, as large banks increasingly build out their trading functions in the French capital after Brexit.
05.07 / 10:03
Advertising
Climate change
Ukraine war: Russia sets sights on Donetsk region after claiming victory in Luhansk
Ukrainian forces are today concentrating on defending Donetsk province in the eastern Donbas after Russia claimed to have taken control of neighbouring Luhansk.
05.07 / 02:05
UPS
Accenture
week
Asset management execs back four-day week
Senior executives from some of the UK’s largest fund houses are keen to move to a four-day work week, as financial services firms continue tearing up the rulebook following the Covid pandemic.
04.07 / 16:29
event
Adoption
Bitcoin
The UK 'Bitcoin Adventure' shows BTC is a family affair
Bitcoin (BTC) is for everyone: toddlers, kids, hard rockers and even racing pigs. At the "Bitcoin Adventure" held in Avon Valley, near Bristol, Bitcoiners and hobbyists shared their knowledge, quips and personal journeys down the Bitcoin rabbit hole despite the predictably wet United Kingdom weather. Better still, Bitcoin's "toxic maximalism" was MIA.
04.07 / 13:31
04.07 / 13:17
cryptocurrency
Twitter
YouTube
British Army probes breach of its Twitter and YouTube accounts after crypto spam
The British Army has launched an investigation into a "breach" of its Twitter and YouTube accounts, which were briefly hacked on Sunday and used to post about cryptocurrencies and non-fungible tokens (NFTs).
04.07 / 10:01
CEO
Ex-KPMG boss Mary O’Connor joins insurer Howden to run new capital advisory business
Former interim chief executive at KPMG UK Mary O’Connor has joined insurance broker Howden to lead its new capital advisory business.
04.07 / 07:35
Twitter
Scams
YouTube
British Army’s social media accounts hacked by crypto scammers
The British Army’s official Twitter, Facebook, and YouTube accounts were breached on July 3 for almost four hours, with scammers promoting rip-off non-fungible token (NFT) collections and cryptocurrency scams.
03.07 / 21:43
shooting
'Several hit' in Copenhagen shopping mall shooting
Danish police said Sunday that several people were shot at a Copenhagen shopping mall.
02.07 / 21:03
LGBT
events
Weekend
Rainbow weekend: Pride events big and small across Europe
Pride events around Europe on Saturday - big and small - brought a rainbow celebration of LGBTQ rights into focus.
breaking news about Britain
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