Catenaa, Tuesday, December 17, 2024-The Financial Conduct Authority (FCA) on Monday released a discussion paper aimed at tightening regulations within the United Kingdom’s crypto-asset market. The move seeks to tackle abuse, enhance transparency, and provide clearer rules for businesses and consumers.  The FCA is urging authorized trading platforms to adopt stronger internal measures to detect […]

 Catenaa, Thursday, March 27, 2025-The UK’s Financial Conduct Authority (FCA) has raised concerns over the growing number of under-35s investing in cryptocurrencies, calling it a “high-risk” trend that could lead to significant financial losses.  FCA Chief Executive Nikhil Rathi told MPs on Tuesday that millions of young Britons are investing in crypto before considering traditional […]

Catenaa, Wednesday, April 30, 2025- The 2025 British American Business Network (BABN) Transatlantic Conference is being held today and tomorrow in Charlotte, Mecklenburg County, Germany. Leaders from the US, UK and Canada will discuss future-focused trade and investment strategies at the confab. The event, themed “Focus on the Future: Navigating the Demands of Tomorrow’s World,” […]

Catenaa, Tuesday, April 15, 2025-JPMorgan blockchain division, Kinexys, launched real-time British pound blockchain payment services Monday, extending its 24/7 cross-border transaction capabilities to include GBP alongside euro and dollar offerings. The move allows corporate clients to make round-the-clock payments in pounds through blockchain-based deposit accounts. Key early users include the London Stock Exchange Group’s SwapAgent […]

Catenaa, Tuesday, February 04, 2025 – US-based cryptocurrency exchanges Kraken and Coinbase have received regulatory approvals, clearing the way for expanded operations in the European Union and the United Kingdom, respectively. Kraken obtained a Markets in Financial Instruments Directive (MiFID) license in the EU through its acquisition of a Cypriot investment firm regulated by the […]

Catenaa, Tuesday, April 01m 2025- The Organisation for Economic Co-operation and Development (OECD) has warned that escalating trade tensions and policy uncertainty could slow global growth in the coming years.The World Economic Forum Report can be seen here. In its latest report, the OECD predicts global GDP will decline from 3.2% in 2024 to 3.0% […]

Catenaa, Saturday, March 29, 2025-London-based fintech giant Revolut has launched a mobile app for its crypto exchange, Revolut X, enabling users in the UK and European Economic Area (EEA) to trade over 400 crypto pairs, the company announced Tuesday.  The move expands Revolut X beyond its initial professional trader base, allowing any user with a […]

Catenaa, Tuesday, May 13, 2025-British businesses in the crypto sector are facing growing challenges as banks in the UK increasingly deny services, a practice some describe as “debanking,” similar to trends seen in the United States. A survey of about 80 UK crypto companies revealed that half had been either rejected for business bank accounts […]

Catenaa, Friday, November 29, 2024-A report by the UK’s Financial Conduct Authority (FCA) revealed that 12% of UK adults, or approximately 7 million people, now own cryptocurrency, up from 10% in 2022. The average value of crypto holdings rose to £1,842, with a growing percentage of investors holding assets worth £5,001 to £10,000. The study can […]

Catenaa, Wednesday, January 08, 2025 – UK’s Financial Conduct Authority (FCA) was able to remove just 54% of illegal cryptocurrency advertisements in the United Kingdom over the past year, according to a report by the Financial Times. Despite its efforts, nearly half of the flagged promotions remain online, revealing ongoing challenges in enforcing compliance, analysts […]

Catenaa, Friday, April 04, 2025– Britain remains optimistic that US tariffs imposed by President Donald Trump could be lifted if a new economic agreement is reached, Business Minister Jonathan Reynolds said Tuesday. Reynolds stated that while Trump intends to apply tariffs universally before considering exemptions, a framework for a deal is already in place. Prime […]

Catenaa, Wednesday, February 19, 2025 – UK inflation rose to a more-than-expected 10-month high in January, official statistics said on Wednesday, diminishing hopes for low interest rates and highlighting challenges to the Bank of England. The Office for National Statistics said inflation, said inflation as measured by the consumer prices index, rose to 3% in the year to […]

Catenaa, Wednesday, March 19, 2025- The UK government has announced plans to pilot a new form of government debt, known as digital gilts, using blockchain technology. This initiative, designed to streamline the issuance and trading of short-term government bonds, will utilize Distributed Ledger Technology (DLT), which operates independently from traditional debt systems. The project aims […]

Catenaa, Sunday, May 11, 2025-Britain’s top financial regulator has proposed banning the purchase of cryptocurrencies using credit cards or any form of borrowed funds, citing concerns over rising consumer debt tied to digital asset speculation. In a discussion paper published this week, the Financial Conduct Authority (FCA) outlined plans to prohibit crypto firms from allowing […]

Catenaa, Tuesday, May 20, 2025-The United Kingdom (UK) will require crypto firms to begin reporting detailed customer data for all trades and transfers starting January 1, 2026, as part of new tax compliance rules aligned with international standards, authorities announced. According to HM Revenue and Customs, the new mandate compels platforms to collect full names, […]

Catenaa, Wednesday, April 30, 2028-The United Kingdom (UK) on Tuesday (29) unveiled draft legislation aimed at tightening oversight of crypto assets, seeking to curb scams and establish global fintech leadership through international cooperation, including a proposed sandbox with the United States. Chancellor of the Exchequer Rachel Reeves introduced the legislation during UK Fintech Week, outlining […]

Catenaa, Thursday, February 13, 2025 – The United States US) and the United Kingdom (UK) have refused to sign an international declaration on artificial intelligence (AI) at the AI Action Summit in Paris, citing concerns over national security and governance. The agreement, backed by 61 countries, including France, China, and India, calls for an “open,” […]