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“# Regulating crypto could give it ‘halo’ of legitimacy, says UK watchdog ” Regulators must step up protections for consumers who invest in crypto tokens but also keep in mind that overreach could backfire, the chair of the United Kingdom’s Financial Conduct Authority (FCA) has cautioned. In a new speech written for the Cambridge International…
“#Prince Charles’ longtime aide Michael Fawcett steps down amid ‘golden visa’ scandal” Prince Charles’ long-time aide Michael Fawcett stepped down as head of the Prince’s charity amid allegations he used his position to help a Saudi billionaire receive a “golden visa.” Saudi Arabian billionaire Mahfouz Marei Mubarak bin Mahfouz reportedly paid tens of thousands of…
“#British couple who fostered over 600 children have ‘retired’” A West Sussex, England couple have finally thrown in the parenting towel — after taking in 620 foster children in 56 years. Pauline, 81, and Roger Fitter, 86, fostered kids of all ages, including newborns, teenagers and everyone in between, from as far away as Belarus…
“# UK-based banking firm Standard Chartered joins Global Digital Finance patron board ” Standard Chartered, a United Kingdom-based multinational banking firm, has joined an alliance of fintech companies and banks aimed at accelerating the adoption of best practices of cryptocurrencies. In a Wednesday announcement, Standard Chartered said it would be joining crypto and digital finance…
“# Standard Chartered launches blockchain trade platorm with Chinese fintech ” United Kingdom-based multinational banking firm Standard Chartered (StanChart) has launched a blockchain-powered trade finance platform through a joint venture with Chinese supply chain finance technology provider Linklogis. Dubbed Olea, the platform will aim to meet the needs of institutional investors that are “seeking opportunities…
“#Joe Biden just ruined America’s ‘special relationship’ with Great Britain” ‘We will repair our alliances and engage with the world once again,” President Biden pledged in his Jan. 20 inaugural address. He announced on Feb. 4: “America is back. Diplomacy is back at the center of our foreign policy.” Despite such loud promises that he…
“#Gig apps for a pandemic economy: Part time, no commitment” LONDON — For months, Gabrielle Walker had been looking for a part-time job. She applied to restaurant chains and retailers like Nando’s and Primark and she scoured the job search site Indeed. Nothing. Then one day, Walker, a 19-year-old student at University College London, was…
“#Afghan flown to France suspected to have Taliban ties” An Afghan who was recently evacuated from Kabul was arrested by French authorities and is suspected of having ties to the Taliban, according to reports. French Interior Minister Gerald Darmanin said the man was initially placed on house arrest because authorities “suspected this person to have or to have…
“# PayPal launches crypto services for UK customers ” Beginning this week, residents of the United Kingdom will be able to buy, hold and sell cryptocurrencies through PayPal for the first time — marking a significant milestone for a company that began offering digital asset services less than a year ago. The global payments provider…
“#Pentagon ripped for keeping US troops back amid Afghan rescues” The Defense Department has come under heavy criticism this week for keeping US forces holed up at Kabul’s international airport while other Western nations’ special forces dash into the Taliban-controlled city to rescue their citizens and Afghan allies. Earlier this week, the Daily Mail reported…