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UK Finance Minister to Probe Banking Challenges Faced by Crypto Firms
20.12.2023
Source: AdobeStock / Mary The finance minister of the United Kingdom has pledged to look into the reported difficulties faced by licensed cryptocurrency firms in opening business accounts in the country. Chancellor of the Exchequer Jeremy Hunt has agreed to meet with Economic Secretary of...
UK Finance Ministry to Discuss Crypto Banking Woes With Lawmakers
19.12.2023
Finance Minister Jeremy Hunt said U.K., and London in particular, has become "the global crypto hub."
UK Finance Minister Proposes Sandbox Initiative for Digital Assets Legislation
23.11.2023
Source: Pixabay / RGY23 The UK government has announced a new legislative proposal for a Digital Securities Sandbox (DSS), aiming to create a supportive testing environment for crypto technologies and services. In the recently released Autumn Statement, UK Chancellor of the Exchequer Jeremy Hunt...
Hold Onto Your Butts, Microsoft's Massive Activision Blizzard Deal Is Finally Happening
22.9.2023
Twenty months after it was first announced, Microsoft’s unprecedented deal to buy Call of Duty and Candy Crush publisher Activision Blizzard for $69 billion appears to have beaten its final boss. The UK’s Competition and Markets Authority revealed on Friday that it has provisionally approved...
HSBC Acquires Silicon Valley Bank UK — Sale Facilitated by Government, Bank of England
14.3.2023
The British government and the central bank, the Bank of England, have facilitated a private sale of Silicon Valley Bank UK to HSBC, according to Chancellor of the Exchequer Jeremy Hunt. He stressed that “Deposits will be protected, with no taxpayer support.” British Government Announces...