United Kingdom – Page 52

Softbank leads $800M investment for banking app Revolut

Now valued at $33 billion, Revolut didn’t rule out a potential IPO this year, but the firm’s CFO suggested that it was unlikely.

Binance has reportedly been forced to suspend fiat currency withdrawals for customers in the United Kingdom once again.

The Bank of England’s latest Financial Stability Report took stock of the massive increase in crypto prices and trading activity this year.

Another player has decided to distance itself from Binance after a slew of negative headlines around the exchange in recent weeks.

The United Kingdom’s Advertising Standards Authority is increasing its capacity to track misleading crypto ads using AI and scraping.

The bank said would be “following the FCA’s warning to consumers” in blocking payments made to the crypto exchange.