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The popular crypto-friendly digital bank Revolut announced today that it will be launching its UK bank. According to the firm’s official statement, the Prudential Regulation Authority (PRA) has decided to…
The Deputy Governor of the Bank of England, Sarah Breeden, has reportedly said she has been disappointed by the lack of constructive engagement on the bank’s proposed rules to regulate…
Stack BTC Plc has raised $347,204 from several entities, including Nigel Farage, leader of the Reform UK party, and Blockchain.com. The fundraising was carried out through the issuance of 5,200,000…
A crypto holder known online as Sillytuna said on March 5 that attackers stole about $24 million worth of tokens after threatening him with violence during a real-world robbery. The…
Stani Kulechov, founder of decentralized finance protocol Aave, has purchased a five-story Victorian mansion in London for around £22 million (worth approximately $30 million). This is one of the city’s…
Ripple Markets UK Ltd, the company’s local subsidiary, has secured registration with the country’s Financial Conduct Authority (FCA) in recognition that it meets its money laundering regulations. Consequently, the Brad…
This week delivered several notable developments across the crypto and traditional finance industries, even as market conditions remained fairly calm. From major institutional signals to regulatory updates and leadership changes,…
Kraken Co-CEO Arjun Sethi has criticized the crypto promotion rules enacted by the UK’s Financial Conduct Authority (FCA), warning that the strict regulatory framework is slowing transactions and limiting access…
Bitpanda became the latest digital asset entity to get involved with the Premier League – the top-tier soccer league of England. Other crypto organizations that have previously done so include…
A US software developer’s brief London layover turned into a nightmare after a suspected abduction and crypto theft left him physically injured and financially gutted. Jacob Irwin-Cline, 30, says he…