Reserved IP Address°C
03-09-2025
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United Kingdom

UK regulator accuses Revolut of ‘material misstatement’ in audit report
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8 September, 2022

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
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23 August, 2022

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
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14 August, 2022

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
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13 August, 2022

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
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13 August, 2022

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
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12 August, 2022

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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