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Category United Kingdom

Lloyds and Aberdeen completes UK's first FX trade using tokenized UK gilts and money market funds

Lloyds and Aberdeen completes UK's first FX trade using tokenized UK gilts and money market funds

Lloyds Banking Group and Aberdeen Investments have executed the United Kingdom’s first foreign exchange (FX) trade collateralized using tokenized a...
UK government plans to introduce new incentives to make electric vehicles (EVs) more affordable

UK government plans to introduce new incentives to make electric vehicles (EVs) more affordable

While Donald Trump’s government is making sure its citizens don’t feel pressured to buy electric cars, the UK is planning to introduce incentives t...
How Two UK Scammers Used Fake Crypto Sites to Steal $2 Million

How Two UK Scammers Used Fake Crypto Sites to Steal $2 Million

A United Kingdom court has sentenced two men for engaging in cryptocurrency fraud, which resulted in losses of over $2 million.
BoE Governor Warns Stablecoin Boom Could Undermine Monetary Trust – Central Banks on Alert

BoE Governor Warns Stablecoin Boom Could Undermine Monetary Trust – Central Banks on Alert

BoE Governor Andrew Bailey has argued that modern reserve currencies rely on central-bank liquidity and secure assets, not fixed pegs, and has caut...
Barclays To Ban All Crypto Transactions on Its Bank Cards, Citing Volatility Risks

Barclays To Ban All Crypto Transactions on Its Bank Cards, Citing Volatility Risks

One of the biggest financial institutions based in the United Kingdom (UK) is blocking all crypto transactions on its bank cards. In a new post, UK...