A UK pension scheme has allocated 3% of its portfolio to bitcoin, marking a groundbreaking move aimed at diversification and potential long-term growth amid economic challenges. Cartwright, a pension...
The mainstream integration of cryptocurrency is getting sluggish, Andrew Bailey, Bank of England governor, said Wednesday (Jan. 10). Speaking to U.K. Parliament’s Treasury Committee, Bailey said regulators need to...
Martin C W Walker The physical cash issued by central banks is one of the most private forms of money, but most central banks are looking at the feasibility of...
Treasury select committee highlights concerns over data privacy and increased possibility of bank runs Kalyeena Makortoff The idea of creating a digital pound should not even be considered until...
LONDON, Nov 22 (Reuters) – Britain needs a “digital alternative” to relying on Visa and Mastercard for card payments regardless of steps being taken by regulators, a report commissioned...
The Financial Conduct Authority (FCA) of UK, announced a regulatory change intended to ensure that individuals buying crypto products understand the risks involved. Effective 8 October, crypto firms are...
Brian Armstrong, the CEO of crypto exchange Coinbase, expressed his stance on artificial intelligence (AI) regulation in a recent post on the social media platform X (formerly Twitter). On...
Earlier this year, the Regulated Liability Network (RLN) made a big splash in the United States with trials involving several banks, Mastercard and the New York Federal Reserve. Now the UK Regulated...
The U.K. has created an investment vehicle to back growth-stage financial technology companies until they can go public, in a bid to bolster Britain’s global image as a fintech...
British lobbying group UK Finance has reportedly tied a bulk of the country’s digital payments fraud to Meta Platforms. As the Financial Times reported Sunday (July 9) —...