
United Kingdom
UK regulator accuses Revolut of ‘material misstatement’ in audit report
The Financial Reporting Council says Revolut’s auditing had an “unacceptably high risk of material misstatement” amid cost-cutting under Project Prism.
Consortium to carry out first private digital sterling initiative in UK
The United Kingdom will become a testbed for the adoption of the first privately-led digital sterling program, paving the way...
UK Court of Appeal to hear Tulip Trading’s case on legal duties owed by blockchain developers
The English Court of Appeal will hear Tulip Trading’s case on the legal duties owed by blockchain developers, granting permission...
UK bipartisan group launches inquiry on digital asset regulations
The Crypto and Digital Assets All Party Parliamentary Group wants to hear from the public on regulations, CBDCs, the role...
Digital assets’ role in the metaverse poses risks to financial stability: BOE researchers
Bank of England researchers Owen Lock and Teresa Cascino highlighted how digital assets growing interconnectedness with metaverses could put bank...
UK advertising watchdog upholds complaint of ‘irresponsible’ fan token ads against Arsenal
The latest post explains that the first ads breached several CAP code rules, like misleading advertising, qualification, financial products, and...
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