Tag: UK
UK RegTech investment drops 77% YoY
• UK RegTech investment reached $576m in 2022, dropping 77% from 2021 levels. This signals a major change in company valuations from VCs. Deal...
US and UK place sanctions on Russian cybergang members
The US and the UK have imposed sanctions on seven members of the Russian hacking group Trickbot, according to Finextra.
UK government floats plans for cryptoasset regulation
The UK government has unveiled proposals to put cryptoassets into the same regulatory regime as traditional financial services.
UK-based RegTech docStribute teams with Penrith Building Society
UK-based RegTech platform docStribute has teamed up with Penrith Building Society, providing Penrith’s clients with access to DLT solutions.
New alliance forms to guide UK’s digital currency
Five associations have formed an alliance to help guide the UK’s digital currency future, through better policies, practice and regulation.
Cryptocurrency tax automation platform Cryptiony bags pre-seed
Cryptiony, a cryptocurrency tax automation platform, has reportedly secured €500,000 in pre-seed funding, supporting its launch in the UK.
UK National Crime Agency establishes dedicated crypto cell
The UK National Crime Agency has revealed it is establishing a specialised crypto unit as part of its National Cyber Crime Unit.
UK set to ease financial rules to deal with post-Brexit slump
The UK government has unveiled a revamp of financial regulations in the country in a move to strengthen the country’s financial status post-Brexit.
FCA urged to better regulate philanthropy advice
The Law Family Commission on Civil Society has called for the UK’s Financial Conduct Authority (FCA) to make philanthropy advice training mandatory for financial advisors.
FCA questions Big Techs risk on competition in finance
The UK’s Financial Conduct Authority (FCA) is seeking comments on the potential competition benefits and harms from Big Techs entering retail financial services sectors.