Tag: the UK

New UK Bill to safeguard digital asset owners with enhanced legal...

The UK Government has announced an innovative step forward in the realm of digital asset with the introduction of the Property (Digital Assets etc) Bill, which is set to transform Bitcoin and other digital assets into recognised personal property.

Falling digital asset firm applications raise questions about London’s competitiveness

In recent findings shared by the FCA, it appears that strict regulatory frameworks and prolonged approval times are undermining the UK's goal to position itself as a global digital asset hub.

How digital financial tools could add £24.5bn to UK wallets every...

A recent study by Tink has highlighted substantial financial benefits for UK consumers using digital financial management tools.

New UK law to set global standards for ESG rating agencies

The UK government has announced a pivotal step in the regulation of Environmental, Social, and Governance (ESG) ratings.

UK urged to accelerate ISSB adoption for stronger climate finance

The UK government has been urged to mandate corporate reporting in accordance with the International Sustainability Standards Board (ISSB) Standards. According to Envrionmental Finance,...

How the incoming Labour government can support the UK FinTech market

After 14 years in opposition, the UK Labour Party this morning returned to government, defeating the Conservative Party in a landslide. How can an...

Labour’s promises 350 new banking hubs to revitalise UK high streets

The Labour Party has committed to opening "at least" 350 banking hubs across the UK should they be victorious in the 2024 general election.

UK government takes action against APP fraud with new banking bill

The UK government has taken a step to combat the growing menace of APP fraud, which has seen victims lose a staggering £485m in 2022 alone.

UK FinTech Carmoola raises £15.5m to transform car financing

Carmoola, a UK-based car finance FinTech, has successfully closed a £15.5m equity round to aid the transformation of car financing.

PayMate joins forces with National Bank of Oman to digitise B2B...

The National Bank of Oman has entered into a strategic partnership with PayMate India SPC, a prominent B2B digital payments company.

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