Cryptocurrency trading should be regulated as gambling, says Treasury Committee
Unbacked cryptoassets pose significant risks to consumers, given their price volatility and the risk of losses, the committee said.
UK News|May 16, 2023
UK News
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Crypto rules given final approval to make Europe a global leader on regulation
The rules are expected to start taking effect in phases starting in July next year.
World News|May 16, 2023
World News
Cold calls on financial deals to be banned under Government plans
Prime Minister Rishi Sunak says the move is needed to combat fraudsters.
UK News|Apr 29, 2023
UK News
Verification fears as Graham Norton’s Twitter reactivated without his knowledge
It comes after Twitter failed to take legacy blue checkmarks off the social media platform despite committing to remove them on April 1.
UK News|Apr 4, 2023
UK News
What the papers say – March 30
A wide variety of stories feature on Thursday’s front pages.
UK News|Mar 30, 2023
UK News
Lindsay Lohan among stars to settle with SEC over crypto case
None admitted or denied the SEC’s findings as part of the settlement.
World News|Mar 22, 2023
World News
New York Community Bank to buy failed Signature Bank in £2.2 billion deal
Signature Bank was the second bank to fail in this banking crisis, roughly 48 hours after the collapse of Silicon Valley Bank.
World News|Mar 20, 2023
World News
NatWest limits cryptocurrency payments amid scam concerns
A daily limit of £1,000 and a limit of £5,000 over a 30-day period are being implemented by the bank.
UK News|Mar 14, 2023
UK News
HSBC buys Silicon Valley Bank UK in rescue deal to avoid tech sector chaos
The 11th-hour sale was agreed after all-night talks between the Government and the Bank of England.
UK News|Mar 13, 2023
UK News
New frontier for payments could be created, Bank of England boss tells MPs
New technologies could make ‘micropayments’ easier or enable people to programme money so it can only be used in certain ways, Sir Jon Cunliffe said.
UK News|Feb 28, 2023
UK News
New legislation ‘credible platform for fintech’
GUERNSEY’S new Lending, Credit and Finance Law, which comes into effect this summer, is expected to prove a credible platform on which fintech businesses can be launched from Guernsey.
Business|Feb 13, 2023
Business
Super Bowl ads keep it light with nostalgia and stars
Firms having paid more than seven million dollars for a 30-second spot during the NFL showpiece match in Arizona.
World News|Feb 10, 2023
World News
What is a digital pound and how would I use it?
The Treasury and the Bank of England are designing a ‘digital pound’ which could be launched by the end of the decade.
UK News|Feb 7, 2023
UK News
UK digital currency ‘likely to be needed’, say Treasury and Bank of England
The Bank and the Government will formally start a consultation for the digital currency on Tuesday.
UK News|Feb 6, 2023
UK News
Digital pound has ‘risks but no obvious benefits’, says ex-Bank of England chief
Lord King of Lothbury stresses the need to be selective and ‘not driven by a misplaced enthusiasm for all things crypto’.
UK News|Feb 2, 2023
UK News