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The UK has unveiled draft crypto rules that align digital assets with securities law, aiming to position the country as a “safe harbor.” On April 29, 2025, UK Finance Minister Rachel Reeves unveiled plans for a “comprehensive regulatory regime” aimed at making the country a global leader in digital assets. Under the proposed rules, crypto…
Russell Brand arrived at London’s Westminster Magistrates Court on Friday after being charged with rape and sexual assault. The disgraced comedian’s first hearing took place after it was confirmed last month that the U.K.’s Crown Prosecution Service authorized the Metropolitan Police to charge a man, identified as 49-year-old Brand, following an investigation by detectives. Brand…
Geopolitical pressures are accelerating a demand in many countries and regions to reshore — that is, to redevelop critical industry infrastructure, and to bring back businesses, which had moved or outsourced some or all of their industrial operations to cheaper countries further away. But that is easier said than done. In the key area of…
Revolut doubles profit to 1 billion pounds in 2024, driven by crypto trading growth, 15 million new users and a long-awaited UK banking license. Fintech giant Revolut reported a record-breaking year, doubling its pre-tax profit to 1 billion British pounds ($1.3 billion) in 2024, driven by rapid customer growth and a resurgence in cryptocurrency trading….
For all the turmoil these days, the U.S. stock market remains extremely attractive to investors around the world, simply because of its sheer size and liquidity. But it’s still quite difficult for investors in other parts of the globe to trade stocks on U.S. exchanges. A San Mateo-based startup called Alpaca has quietly capitalized on…
Crypto betting platform Stake reportedly had revenue of $4.7 billion in 2024, rivaling traditional betting platforms. Crypto casinos generated more than $81 billion in revenue in 2024, even as regulators in key jurisdictions continued to block access to the platforms, according to a new report. Citing data from the anti-online-crime platform Yield Sec, the Financial…
The pseudonymous co-founder of Dead Bruv, said the initiative was about trying to “make NFTs fun again” and was sparked by a joke that turned into a “lightbulb moment.” A doomsday-themed Solana NFT project is looking to sell 100,000 non-fungible tokens (NFTs) to buy a Cold War-era nuclear bunker in Rutland, England. Dead Bruv, the…
Crypto firms and whales continue accumulating Bitcoin, as analysts predict a steady weekend for crypto valuations without White House announcements. Whales and institutions are increasing their Bitcoin holdings ahead of Easter, as market analysts predict a weekend with less volatility after two weeks of heightened volatility driven by escalating global trade tensions. London-based investment firm…
X has not been fairing well in the U.K., previously a major source of revenue for the social network prior to Elon Musk’s arrival. Still named Twitter UK Ltd, revenues and profits for X’s UK entity collapsed by over 60% in the year after Musk took it over and changed its moderation controls, according to…
The Hollywood Reporter can exclusively reveal a first look at the hotly anticipated directorial debut of Akinola Davies Jr., set to premiere in Cannes. Ṣọpẹ́ Dìrísù (Slow Horses, Gangs of London) leads the semi-autobiographical My Father’s Shadow. From Element Pictures production in association with Crybaby and Fatherland Productions, and based on a script by brothers…