Britain Financial News
11.11 / 12:35
Twitter
FTX leads $150m Series C extension for Chipper Cash
Founded in San Francisco in 2018 by Ugandan Ham Serunjogi and Ghanaian Maijid Moujaled, Chipper Cash is a mobile app that lets people transfer money across borders, fast and cheaply.Currently available in seven African countries - Ghana, Kenya, Nigeria, Rwanda, South Africa, Tanzania and Uganda - as well as the UK, the startup claims to have four million users.The firm is looking to expand to new countries and has recently introduced a crypto product and will soon let users invest in US
10.11 / 19:43
Ethereum
Binance
Tether
Bitcoin
NYCCoin, Cambridge on Tezos, Tether on Avalanche + 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.__________
10.11 / 18:43
Deal
EU extends post-Brexit clearing deal with UK
UK clearing houses will remain open to EU banks in an extension to the post-Brexit deal struck between the bloc and the City.
10.11 / 17:15
UPS
Citi
Landmark
City blasts Treasury’s ‘dangerous’ efforts to control post-Brexit rules
Politicians could soon be dictating how financial regulation is run in the UK as the government plans to lean on watchdogs in the wake of Brexit, regulatory experts say.
10.11 / 16:47
Blockchain
Forecast
NFT
Gaming
72% of Surveyed Game Developers Interested in Using NFTs and Blockchain
The majority of surveyed game developers are exploring using non-fungible tokens (NFTs) and blockchain in new games, and find that these innovations have the potential to add value and create more engaging player experiences, a recent survey by the blockchain platform Stratis (STRAT) reveals.
10.11 / 16:11
Blockchain
Adoption
Study
Study: 58% of video game developers are already using blockchain
A new study from the United Kingdom revealed that most game studios have already started exploring blockchain technology for their upcoming titles.
10.11 / 14:53
Google
Landmark
Action
Drop
Lawyers
class action
Google survives £3bn class action as lawyers predict drop in group claims
The Supreme Court has ruled in favour of Google in a £3bn lawsuit brought on behalf of over four million iPhone users, in a judgment that lawyers say could slow the move towards US-style class actions in the UK.
10.11 / 14:47
Facebook
UPS
Merit
Glen outlines pathway to live Britcoin launch
The Bank of England is currently consulting with a broad range of stakeholders from across the economy and society, including consumer groups, think tanks, businesses, academics, financial institutions and technology experts, in its exploration of a business case for a CBDC.
10.11 / 12:03
10.11 / 09:27
UPS
JPMorgan
Strategy
Time
JPMorgan turns bullish on UK stocks for the first time since the Brexit vote
LONDON — JPMorgan has upgraded U.K. stocks to «overweight,» ending years of caution on British equity markets which the bank said are now trading at a «record discount.»
10.11 / 08:53
Cryptocurrencies news
Bitcoin Price
Crypto market m-cap hits $3 trillion mark; will the frenzy continue?
With this, the total value of cryptocurrencies was more than the GDP of nations like the United Kingdom, France, India and Italy. However, it lagged countries like the United States, China, Japan and Germany. This is an important milestone for the crypto industry and re-emphasizes investors’ trust in the potential of blockchain technology to disrupt the way digital natives interact with the internet, said Sharan Nair, Chief Business Officer, CoinSwitch Kuber.
10.11 / 03:11
Facebook
UPS
Merit
Glenn outlines pathway to live Britcoin launch
As part of those explorations, HM Treasury and the Bank of England will publish a consultation in 2022 setting out their assessment and the merits of further work to develop an operational and technology model for a UK CBDC.In a written Parliamentary statement, Glenn says that if there is a decision to proceed following the consultation, a development phase would include the publication, by the Bank of England, of a technical specification to explain the proposed conceptual architectureC.
10.11 / 00:37
CBDC
regulation
Bank of England
UK treasury
UK Treasury and central bank will consult on CBDC, potentially launching by 2030
The Bank of England and the United Kingdom finance ministry are planning to launch a consultation on the possible rollout of a central bank digital currency starting in 2022.
09.11 / 19:35
business
Mining
SEC
Argo Blockchain files for $57.5 million offering of secured notes to fund Texas mining facility
United Kingdom-based crypto mining company Argo Blockchain will be funding part of the building and equipment of its planned 800-megawatt data center in West Texas through an offering of senior notes.
09.11 / 19:21
Digital
Bank of England says no Britcoin before 2025
The Bank of England has warned that the UK should not expect to launch a central bank digital currency before “the second half of this decade”.
09.11 / 17:17
Climate change
Climate
EU urged to stand firm against 'desperate and illegitimate' Belarus
The European Union must be "firm and united" against the "desperate and illegitimate" administration of Belarusian President Alexander Lukashenko and his continued attempts to destabilise the bloc, Ylva Johansson, the European Commissioner for home affairs, told Euronews.
09.11 / 16:21
Stocks market
UBS
BNP Paribas poaches new UK capital markets head Tom Snowball from UBS
BNP Paribas has poached a banker from UBS to lead its equity capital markets business in the UK, as the French bank looks to expand the unit in Europe.
09.11 / 16:11
Police
Man with knife threatens passers-by in Norway, is shot dead
A man reportedly armed with a knife threatened passers-by on the streets of the Norwegian capital, Oslo, on Tuesday, before being shot dead by police, officials said.
09.11 / 15:31
Citi
Sunak
Sunak asks UK regulators to keep the City competitive after Brexit
Chancellor Rishi Sunak has tasked the UK's regulators with keeping the country's financial services sector competitive in the wake of Brexit, as the government lays the path to throw out its old EU rulebook.
09.11 / 14:35
FCA loses 49 staff from its supervision and enforcement teams
The Financial Conduct Authority has lost 49 senior employees from its supervisory and enforcement teams as part of a ‘voluntary resignation programme’, stoking fears that star workers are fleeing the regulator as it battles a morale crisis and backlogs created by Brexit and the pandemic.
09.11 / 01:37
Law
debate
MPs
'Coward!': Boris Johnson absent as UK MPs debate corruption after Paterson fiasco
Boris Johnson faced a barrage of criticism in parliament on Monday after his failed attempt last week to block the suspension of an MP found guilty of misconduct and overturn the internal policing system that incriminated him.
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