United Kingdom Financial News

25.01 / 16:29

business CBDC UK government Bitcoin Community Bitcoin UK Bitcoin community reacts to incoming CBDC and digital pound rollout

The UK Government's economic and finance ministry, HM Treasury, is recruiting for a Head of central bank digital currency (CBDC) to lead the development of a digital pound. The work is described as "Important, complex, and cross-cutting" and will "require extensive engagement across and beyond the HM Treasury."

07.03 / 07:01

film Artificial Intelligence Protests Literature Javier Milei accused of fraud over promotion of cryptocurrency

Lawyers in Argentina have brought a fraud case against the country’s President Javier Milei for promoting a cryptocurrency whose value soon plummeted.

26.02 / 10:07

Health World Health Organization Books Literature Could a carbon credit-backed digital currency help us fight climate change?

Imagine if you could save the planet every time you spend money.

23.01 / 07:01

Technology European Union Multi-billion dollar Russian money laundering rings exposed in global sting

Two Russian money laundering networks used by drug gangs, cyber criminals and sanctioned oligarchs have been uncovered and disrupted in an international sting.

04.12 / 10:53

Health European Union European Commission US election: Where do presidential candidates Trump and Harris stand on crypto?

From Donald Trump’s promises of a national Bitcoin stockpile to Kamala Harris’ support of a regulatory framework for digital assets, the two US presidential hopefuls have different stances on the future of crypto.

22.11 / 13:57

European Union European Parliament Donald Trump's trading cards won't save NFTs from the digital graveyard

Last month, ex-US president Donald Trump announced he was selling a new collection of his digital trading cards. The cards, announced in typical Trump style on his Truth Social platform, cost $99 (€90) each and if you buy 15 or more, you will receive an actual physical card with a piece of the suit he wore to his debate with Joe Biden.

21.11 / 11:57

Health European Union European Parliament European Commission FTX collapse: Caroline Ellison handed 2-year prison sentence for 'greatest financial fraud ever'

A former top executive in Sam Bankman-Fried's fallen FTX cryptocurrency empire was sentenced to two years in prison on Tuesday for the part she played in a fraud that stole billions of US dollars from investors, lenders, and customers.

25.09 / 07:11

Climate change United Nations European Commission Trump's cryptocurrency endorsement: Upcoming challenges for Europe

The US Republican presidential nominee, Donald Trump, delivered a keynote to crypto advocates at the Bitcoin 2024 conference. The former US President promised to make the United States "the crypto capital of the planet and bitcoin superpower of the world".

25.09 / 01:47

Health United Nations Customers Crypto firm Coinbase fined millions for serving high-risk customers

The FCA, the Financial Conduct Authority, has revealed it has fined a subsidiary of Coinbase (CBPL) for offering services to high-risk customers.

05.08 / 13:46

Bank Crypto Adoption Xapo Bank Becomes First to Offer Interest-Bearing USD and Bitcoin Account to UK Users

Xapo Bank has become the first licensed bank in the United Kingdom to offer a combined interest-bearing USD and Bitcoin (BTC) account.

13.07 / 21:17

UPS Digital Election crypto regulation Updates UK’s New Economic Secretary Faces Scrutiny Over Potential ‘Crypto Crackdown’

Following the recent landslide election which saw the UK Labour Party win, Prime Minister Keir Starmer has begun appointing members to the new government.

13.07 / 02:12

markets Google coinbase Bitcoin Updates regulatory UK Regulatory Authority Warns the Public Against Solicitor Bitcoin Scam

The UK’s Solicitors Regulation Authority (SRA) issued a warning on July 8 about a sophisticated email scam involving fraudsters impersonating solicitors to demand Bitcoin.

12.07 / 19:15

exhibition Health European Parliament Football fan tokens kick off ahead of Euro 2024 championship

Fans have begun trading football tokens ahead of the Euros 2024 and the Copa Americana championship, both of which kick off this June.

12.07 / 12:56

markets Digital economy Election Crypto regulations Labour Party Wins UK General Election No Crypto Plans Stated

The UK general election has resulted in a significant victory for the Labour Party.

24.06 / 22:03

Health European Union Ukraine war European Commission FTX's collapse: A timeline of how the crypto giant imploded

Once one of the largest cryptocurrency exchanges in the world before its monumental collapse two years ago, FTX said this week that nearly all of its customers will receive the money back that they are owed.

22.06 / 15:25

European Union Barcelona Buying a piece of an island: How crypto could change property deals

A large chunk of the world's wealth today is locked in illiquid assets, therefore they are typically traded at a discount.

28.03 / 10:13

hamas Crypto Addresses Hamas-linked Crypto Addresses of Gaza Now Jointly Sanctioned by US, UK

Both the US and the UK foreign sanctions bodies have targeted online media outlet Gaza Now for aiding Hamas fundraise $21,000 in crypto.

23.02 / 01:55

Digital Bill crypto regulation reports Features Courts UK Law Commission Seeks To Classify Cryptocurrencies As “Property” In New Draft Bill

Freshly proposed UK legislation would see cryptocurrencies officially classified as a new form of property, establishing greater legal certainty around digital assets at large.

09.02 / 19:55

Former British Finance Minister Denies Crypto Lobbying Allegations

The UK’s former Chancellor of the Exchequer, Lord Philip Hammond, has denied allegations that he may have been illegally lobbying for crypto company Copper.

17.01 / 09:33

inflation Bank of England UK GDP UK inflation Premier Miton UK inflation unexpectedly rises to 4% in December

Prior to this morning’s data release, some economists had brought forward predictions for Bank of England rate cuts, expecting potential easing in May or June.

17.01 / 09:33

Technology economics Interest rates Bank of America Global investors temper bond yield expectations amid record rate cuts optimism

Over two-thirds think the Federal Reserve will be the most important driver of bond yields in 2024.

16.01 / 13:20

Europe UK Investment trusts Diageo burberry Train defends concentration despite persistent Finsbury Growth & Income underperformance

Nick Train (pictured) said the portfolio has been constructed around companies in the UK stock market that are poised to benefit from AI, software and luxury consumption trends.

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