UK

Euroclear announced the successful settlement of its inaugural digital note, a World Bank offering on the Luxembourg Stock Exchange, which amassed 100 million euros ($106 million) dedicated to sustainable development initiatives. In connection with this, it's worth noting that discussions about...

The UK's Economic Secretary to the Treasury Andrew Griffith is voicing concerns over the country's upcoming cryptocurrency advertising regulations, emphasizing the growing rift between the government and regulators concerning digital assets. Griffith's concerns were communicated to...

In light of recent developments with the UK Financial Promotions Regime for qualifying crypto assets, Binance on Monday announced a temporary halt on accepting new users from the UK. The regulations, which are effective from Oct. 8, stipulate that overseas firms such as Binance could promote...

U.K. regulator, Financial Conduct Authority (FCA), has a progressive stance towards the future of asset management. Drawing insights from a discussion paper released by the FCA, the regulator's focus on proportionate regulation and its role in driving innovation is evident. As digital assets...

Vice President Kamala Harris is set to represent the U.S. at a British summit focused on artificial intelligence (AI) guardrails. The summit will take place next month. According to a report by Bloomberg, the summit, hosted by the U.K. government, aims to establish safety measures around AI as the...

Digital asset custody service provider Komainu secured approval on Friday from the U.K. Financial Conduct Authority (FCA) to register as a custodian wallet provider. The FCA's new promotions rules came into effect over the weekend, reported CoinDesk. The rules require firms to be...

On September 26th, the Federal Trade Commission went into action to stop the monopoly power of Amazon.com Inc (NASDAQ: AMZN) by filing a long-awaited antitrust suit. The case was filed in conjunction with seventeen states, accusing the e-commerce titan of using its online retail dominance to...

Approximately 10% of Amazon shoppers in Great Britain may have been offered bribes for positive product reviews. Amazon’s stock experienced a significant decline, gapping down over 2%. A recent survey conducted by UK consumer body, Which?, has uncovered alarming insights into the...

After capturing a strong position in European crypto markets recently, Kraken is now awaiting approvals for stock and ETF trading in the U.S. and U.K. markets. What Happened? Kraken announced its plans to offer trading in U.S.-listed stocks and ETFs starting in 2024, the first time...

JP Morgan Chase & Co (NYSE: JPM), the prominent banking institution, decided to halt cryptocurrency-related transactions for its U.K. clientele starting Oct. 16, according to a recent communication to its users. The bank stated, "If we think you're making a payment related to...

Crypto exchange ByBit announced its exit from the U.K. market after the imposition of stricter rules by the U.K. Financial Conduct Authority. However, CEO Ben Zhou denied all exit rumors early this week and stated that it is still exploring all options to stay in the country. Find out more on...

The Online Safety Bill recently passed its final Parliamentary debate and is set to become law in the U.K. The move marks a pivotal moment in the nation's approach to online safety and the emerging metaverse. This latest piece of legislation, likely to be discussed at the upcoming Benzinga'...

Government officials in London and Washington are each advancing regulatory measures concerning artificial intelligence (AI), acknowledging its societal implications. U.K. Sets Principles: The UK's Competition and Markets Authority (CMA) is outlining principles to deter a few tech corporations...

Dutch payment technology giant Adyen (OTCMKTS: ADYEY) nabbed a banking license in the U.K., enabling its merchants to offer cash advances to small and medium-sized enterprises there.   Adyen is used by several high-profile companies including Microsoft, Instacart and Subway as an all...

San Francisco-based cryptocurrency exchange, Kraken announced its phased introduction of support for euro and British pound deposits through PayPal Holdings Inc (NASDAQ: PYPL). TThe funding option was introduced earlier this week and is currently available only on the Kraken mobile app....