Britain Financial News

05.04 / 02:05

UPS Chancellor asks Royal Mint to create NFT

NFTs have exploded in popularity over the last year with many reaching multi-million dollar valuations. However, the sector has also garnered a reputation for attracting speculators, posers and scammers.The announcement attracted thousands of replies and quote tweets, the majority of them less than positive.

04.04 / 20:11

Stablecoin Payments regulation Framework regulatory UK government moves forward with regulatory framework on stablecoins for payments

The United Kingdom's Economic and Finance Ministry has said it intends to amend its existing regulatory framework to incorporate stablecoins used as a means of payment.

04.04 / 19:57

Blockchain Ethereum Bitcoin Crypto adoption in Europe is lower than other parts of the world, a new survey finds

Europe is lagging behind the global average for cryptocurrency adoption but one European country was the most "curious" in the world about learning more about crypto, a global survey suggests.

04.04 / 18:33

Stablecoin Adoption Binance UK's Global Crypto Hub Goal, Intel's 'Major Role' in Bitcoin Mining, KuCoin's NFT Move + 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.

04.04 / 17:57

Blockchain Citi Digital Tether Britain announces plans to mint its own NFT as it looks to 'lead the way' in crypto

LONDON — The U.K. government on Monday announced plans to mint its own non-fungible token, as part of a push toward becoming a «world leader» in the cryptocurrency space.

04.04 / 17:11

Provident Digital Bitcoin IFGS 2022: HM Treasury confirms regulation of stablecoin use

In response to the Treasury’s consultation launched in January 2021, Glen told IFGS attendees “today we are publishing our response, as part of which I can confirm that we will be legislating to bring certain stablecoins into our payments framework, creating conditions for stablecoin issuers and service providers to operate and grow in the UK.”

04.04 / 13:27

VISA MasterCard Mastercard and Visa overcharged UK firms via ‘Brexit loophole’, multi-billion pound lawsuit claims

Mastercard and Visa are set to be hit with a multi-billion pound legal claim alleging they used a loophole to overcharge UK businesses post-Brexit.

04.04 / 13:11

Adoption Gemini Asia Survey About 50% of Surveyed Crypto Owners Made Their First Buy in 2021 - Gemini

Nearly half of the surveyed crypto owners made their first crypto purchase last year, according to a survey commissioned by crypto exchange Gemini.

04.04 / 12:37

Citi Provident FIVE Gemini Hong Kong Experienced Crypto Break Out Year in 2021: Gemini Report

Hong Kong experienced a break out year for crypto investing in 2021 and currently, the city has a 24% adoption rate in crypto investors, according to a report by global cryptocurrency exchange Gemini.

04.04 / 12:19

cryptocurrency FIVE Digital CryptoExplainer About 50% Of Current Crypto Holders First Invested In 2021: Report

Nearly half of crypto owners first bought digital assets in 2021 -survey

04.04 / 11:07

UK regulators to probe LME’s nickel fiasco after exchange cancelled $4bn in trades

The UK’s regulators said they would probe the London Metal Exchange’s 8 March suspension of nickel trading after a wild ride in the metal led the exchange to cancel about $4bn in trades.

04.04 / 10:25

UK regulators to probe LME’s nickel fiasco

The UK’s regulators said they would probe the London Metal Exchange’s 8 March suspension of nickel trading, a decision the exchange took after a disorderly market arose, which raised questions about the LME’s transparency.

04.04 / 02:35

UPS Citi JPMorgan Citi, JPMorgan snap up Europe activism experts to brace for shareholder ‘Trojan Horse’

Banks in the City are bolstering their expertise advising companies on the threat of activist investors, predicting that a surge in campaigning in the UK and Europe will lead to a new wave of mergers and acquisitions.

03.04 / 14:55

UPS cryptocurrency cryptocurrency explainer Bitcoin Will Web3 Take Many Years to Go Mainstream?

Web3 represents the future of Internet, where users operate in a decentralised manner

03.04 / 11:09

Ukraine war: Explosions heard in Odesa as Russia appears to shift focus south and east

Two loud explosions were overheard in the southern Ukrainian port city of Odesa on Sunday with black smoke seen rising from an industrial area.

02.04 / 21:07

UPS Hugh Hendry closes hedge fund after losses mount

Hugh Hendry, one of the UK's best-known hedge fund managers, is shutting his $30.6m global macro fund, telling his investors "it wasn't supposed to be like this".

02.04 / 20:47

Netflix European Union Russian troops pull back from areas near Kyiv, Ukrainian officials say

Ukraine and its allies have reported that Russian troops are withdrawing from around Kyiv and Chernihiv, shifting focus to the country's east.

02.04 / 20:47

Pope Francis Pope Francis criticises Russia's 'infantile and destructive' war in Ukraine

Pope Francis offered his most pointed condemnation of the war in Ukraine, calling out "infantile and destructive aggression" on Saturday during a trip to Malta.

02.04 / 20:47

Hungary election: Who's running? What are the key issues? Will Viktor Orban be waving goodbye?

Hungary's longtime prime minister Viktor Orban will face his toughest challenge yet when the country heads to the polls on Sunday (3 April).

02.04 / 08:27

Blockchain The world has synchronized on Russian crypto sanctions

In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging technologies and sustainability, and provides the latest developments around taxes, AML/CFT regulations and legal issues affecting crypto and blockchain.

02.04 / 03:33

Citi Citigroup Citigroup hires Bank of America’s Richard Abel for corporate broking in UK push

Citigroup has hired a managing director from Bank of America to bolster its corporate broking business as it continues to build out its UK investment bank.

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