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Business

European governments seek to unshackle from UK financial infrastructure

The EU is worried continual dependence on London-based financial clearing houses jeopardises bank stability

Business

KPMG fined record £21 million for Carillion audits

The fine is the highest ever handed down by the UK's Financial Reporting Council.

Tech News

Musk may be forced to testify in regulators probe into his X takeover

Regulators in the US are seeking a court order that would compel Musk to testify in their investigation into his purchase of Twitter, now called X.

Money

Coinbase becomes latest target of a SEC lawsuit amid crypto crackdown

The lawsuit filed by the SEC comes a day after Binance, the world's largest crypto exchange, was also hit by legal action by US regulators.

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Money

What is happening with Binance? The SEC lawsuit explained

According to a lawsuit filed by the US SEC, Binance and its founder have mishandled funds and violated US securities laws.

Money

Collapse of FTX prompts 'robust' new crypto regulations in the UK

The UK's finance ministry said it wanted to set new standards to stop the flow of "dark money" after the collapse of the crypto exchange last year.

United Kingdom

UK eases financial rules in post-Brexit shake-up to boost global clout

The government says it's using "Brexit freedoms" to make the UK more competitive. But critics argue the new measures won't offset damage done by leaving the EU.

Sport

UEFA opens investigation into Juventus over alleged false accounting

Juventus’ off-the-field problems keep on worsening.

Business

Universal government spending may lead to higher inflation in Eurozone

The European Commission has warned eurozone countries that the "significant" fiscal expansion they are adopting to fight the energy crisis may worsen inflation. It urged common-currency nations to move towards more targeted measures that support only vulnerable households and businesses.

Money

UK financial watchdog warns users against crypto exchange FTX

"This firm is not authorised by us and is targeting people in the UK," the Financial Conduct Authority said in a statement.

Money

Is it wise to take out a loan to invest in crypto?

A recent US survey found that 21 per cent of investors took out a loan to pay for crypto. Why are people choosing to do it and is it a good idea?

Money

The countries where Bitcoin and crypto are banned or restricted

While some countries like El Salvador are embracing cryptocurrencies, others like China are leading sustained crackdowns on their use.

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Fintech - Will it replace traditional banks?

Partner content presented by Department of Tourism and Commerce Marketing Dubai

Open banking has facilitated the rise of embedded finance – but is this a safe way to enhance the consumer experience or does it carry hidden risks?

Money

EU agrees on landmark rules to tame 'Wild West' crypto market

The rules aim to better protect consumers from wild swings in cryptocurrencies and require more transparency on the industry’s environmental impact.

Money

Wall Street watchdog to laid-off crypto staff: ‘Come work for us’

The US Financial Industry Regulatory Authority plans to boost its workforce, and has an eye on fired Coinbase workers who know the cryptocurrency industry from the inside.

Money

Taming crypto: Regulators eye stablecoin safeguards and capital rules

After the collapse of the Terra stablecoin, financial watchdogs are looking for ways to limit the risks posed by crypto to the wider financial system.

Money

Estonia is cracking down on crypto. This is why

New rules will make getting a crypto license harder in Estonia as Europe cranks-up regulation in the wake of the TerraUSD and Luna collapse.

Money

Portugal wants to start taxing cryptocurrencies, says finance minister

Portugal is currently seen as attractive to crypto investors thanks to current tax rules that don't apply to cryptocurrencies.

Money

Bitcoin slides below $30,000 wiping away post-Terra Luna crash gains

Calls for regulation of the crypto market are growing louder after stablecoins showed their volatility in the wake of the Terra Luna collapse.

Money

Global crypto regulation body likely in next year, top official says

The wild volatility of cryptocurrency markets this week has alarmed financial watchdogs, and clearer rules may be coming soon.