The Bank of England (BOE) raised the country’s benchmark bank rate from 0.25% to 0.5% this week in order to curb rampant inflation. “We face a trade-off between strong inflation and weakening growth,” the British central bank’s governor Andrew Bailey told the press. Furthermore, when asked by a BBC reporter if BOE members were urging […]
Prosecutors in the Uznach district of canton St. Gallen have fined former Chairman of Credit Suisse, Antonio Horta-Osorio 2,000 Swiss francs ($2,200) for breaching COVID-19 quarantine rules.
According to the Bloomberg report, The U.K. has less than 12 months to regain its footing on crypto or face a loss of talent and even its status as a global financial-services leader, the country’s former Chancellor of the Exchequer Philip Hammond warned. It’s “frankly quite shocking” that Britain has fallen behind other finance hubs […]
On January 26, Santander, a popular Spanish bank, announced that it will launch its own ‘buy now, pay later’ (BNPL) service across its European markets as part of its efforts to boost revenue and f...
Ransomware has maintained its dominance the past few years; however, increased law enforcement attention may result in changes to how it looks in the future.
There was once in ancient time, 2019, a bitcoin prophecy that grabbed everyone’s imagination because it appeared to have called bitcoin movements pretty much to the dot. The world famous...
The British finance ministry, in coordination with the Financial Conduct Authority (FCA), is set to introduce clear regulations for crypto ads. UK to protect investors from “misleading statements” It is estimated that about 2.3 million people in Britain now have exposure to at least one crypto asset. However, the finance ministry notes that there is […]
As talks about the release of a digital pound by 2025 are yet to happen, British lawmakers are already doubtful that their use could harm financial stability, raise the cost of credit and erode privacy. (Read More)
Albania, the small Mediterranean country that once was ruled by the Medici and itself apparently ruled Egypt under the Ottomans, has legalized bitcoin this summer with it to be treated...