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“# London Stock Exchange-listed firm inks FCA’s approval for crypto services ” Mode Global Holdings, a London Stock Exchange-listed fintech group, has secured major regulatory approvals for cryptocurrency and fintech operations in the United Kingdom. The company announced Thursday that Mode has secured its Electronic Money Institution license and AMLD5 registration from the U.K. Financial…
“# UK regulator warns against 111 unregistered crypto companies… and FOMO ” The United Kingdom’s financial regulator, the Financial Conduct Authority (FCA) has warned consumers against 111 crypto companies that are yet to register with the FCA. Since Jan. 10, all U.K.-based crypto firms have had to comply with Anti-Money Laundering and Counter-Terrorist Financing laws,…
“#Soho House, Ned owner plans New York IPO” The Soho House private members club plans an initial public offering in New York under the name of Membership Collective Group even though it has never been profitable. “Soho House has begun the process for an initial public offering on the New York Stock Exchange, with plans…
“# Bank TSB set to bar 5.4M customers from buying crypto ” United Kingdom-based financial institution TSB Banking Group Plc. will soon ban its over 5.4 million customers from buying Bitcoin (BTC) and other cryptocurrencies. According to a report by The Telegraph on Saturday, the bank’s imminent crypto ban is due to alleged cases of…
“# Over 2 million adults in UK now hold crypto, FCA survey finds ” A new study by the United Kingdom’s Financial Conduct Authority has indicated a significant increase in cryptocurrency ownership in the country. On Thursday, the FCA published the results of a consumer survey which found that 2.3 million adults in the U.K. now hold…
“#British drivers baffled by bizarre roundabout painted on road” As if the crop circles weren’t puzzling enough! Drivers on the Isle of Man are being baffled by a new roundabout comprised of a series of concentric ovals in the middle of the British Crown dependency’s capital of Douglas. The feature doesn’t have a physical island or clearly defined lanes…
“#Firefighter called to car wreck finds daughter, 21, dead: report” A firefighter in the UK was reportedly left devastated when he arrived at the scene of a horrific car accident — where he discovered his 21-year-old daughter dead in the wreckage. Adrian Smith was on duty in Haverfordwest in the Welsh county of Pembrokeshire on…
“# Crypto and ‘meme stocks’ shunned by 90% of UK financial advisers ” More than 90% of 200 independent financial advisers (IFA) in the United Kingdom who participated in a recent poll by research agency Opinium have indicated negative cryptocurrency sentiments with over a third reporting an increase in cryptocurrency-related inquires from clients since the…
“# Beer and horses? Combination takes to the digital space with branded NFTs ” The U.K. arm of pilsner beer brand Stella Artois is partnering with a digital horse racing game to release a series of nonfungible tokens. In a Tuesday announcement from Stella Artois’ U.K. brewery, the beer brand said users of the digital…
“# Within five years, US hedge funds expect to hold 10.6% of assets in crypto ” A new survey of 100 chief financial officers at hedge funds worldwide has indicated that the sector is planning a significant increase in its exposure to crypto assets in the near term. The survey, conducted by Intertrust, suggests that…