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Category United Kingdom News

A 12-Month Rule Could Put Nigel Farage’s Crypto Lobbying in Trouble

A 12-Month Rule Could Put Nigel Farage’s Crypto Lobbying in Trouble

In Brief Little-known UK rules bar MPs from lobbying officials for recent financial benefactors. Complaint ties Farage's advocacy to donations fro...
UK Investors Sue Binance for $200 Million in Losses They Chased With Leverage

UK Investors Sue Binance for $200 Million in Losses They Chased With Leverage

In Brief Nearly 1,700 UK investors sue Binance and CZ for $200 million. They allege Binance sold complex crypto derivatives without UK authorizati...
Revolut Reveals the Hiring Secret Behind Its $75 Billion Rise

Revolut Reveals the Hiring Secret Behind Its $75 Billion Rise

In Brief Revolut reviewed over 1 million applications last year to hire just 1,000 people. A 0.1% acceptance rate reflects its bet on talent densi...
About 50% of UK Wealth Advisors Cannot See Most of Their Clients’ Crypto Holdings

About 50% of UK Wealth Advisors Cannot See Most of Their Clients’ Crypto Holdings

In Brief SpaceX shares surged then crashed 25-30% post-IPO, spooking AI giants. OpenAI CFO pushes 2027 delay citing cash burn and market volatilit...
Bank of England Drops Stablecoin Holding Caps but Keeps $53 Billion Issuance Limit

Bank of England Drops Stablecoin Holding Caps but Keeps $53 Billion Issuance Limit

In Brief Bank of England replaced per-user holding caps with a £40 billion issuance limit. Neither the US nor the EU caps issuance of its own curr...