Consultancy firm Accenture revealed that UK digital banks acquired 6 million customers in the second half of 2019, bringing the...
Reuters reports the several digital banks in the UK are still awaiting word whether they can offer government-backed loans to...
Niels Turfboer of Spotcap provides insight on UK disclosure standards for online lenders, a topic he will be discussing at the AltFi Europe Summit; Niels Turfboer presents the importance of framing the disclosure standards debate and evaluates some of the approaches being used in the industry; notes the disclosure of the UK's big four lenders and the SMART Box introduced by the US Innovative Lending Platform Association; also mentions the involvement of third parties in the disclosure process. Source
As part of Innovate Finance's IFGS 2022 event, John Glen MP, Economic Secretary announced a groundbreaking government approach to crypto-assets, blockchain and distributed ledger technology, letting innovation guide the way.
John Glen MP, Economic Secretary announced a groundbreaking government approach to crypto technology, letting innovation guide the way.
The UK’s Financial Conduct Authority (FCA) said on Friday that Auxi Market is providing financial services in the United Kingdom without their authorization.
Any crypto ATMs in the U.K. are operating illegally, the financial watchdog said.
Any crypto ATMs in the U.K. are operating illegally, the financial watchdog said.
The UK Financial Conduct Authority and Ontario Securities Commission will now partner on fintech innovation; an agreement between the two agencies will help facilitate expansion for financial technology companies; both agencies will support cross-border business growth and will also share information on trends and regulatory proceedings. Source
Stablecoins play an essential role in the crypto-asset ecosystem, although it does pose risks to market liquidity if they fail.