uk

UK Seeks Cap on Food Prices as Consumers Struggle
UK Seeks Cap on Food Prices as Consumers Struggle
May 28, 2023  |  Economy

The British government wants supermarkets to cap food prices amid rampant inflation. U.K. health secretary Steve Barclay said Sunday (May 28) that ministers were in...

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Australia Reclassifies BNPL as Credit While UK and US Regulators Eye Similar Actions
Australia Reclassifies BNPL as Credit While UK and US Regulators Eye Similar Actions
May 26, 2023  |  Buy Now Pay Later

From Australia, the land that invented buy now, pay later (BNPL) as we now know it, comes news this week that laws are changing to...

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Builder.ai Raises $250 Million Amid Surge in AI Investments
Builder.ai Raises $250 Million Amid Surge in AI Investments
May 23, 2023  |  Investments

London’s Builder.ai has raised $250 million to expand its artificial intelligence (AI)-powered software platform. The Series D funding round was led by the Qatar Investment Authority and will allow the company...

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Report: UK CBDC Will Need New Finance and Data Laws
Report: UK CBDC Will Need New Finance and Data Laws
May 22, 2023  |  CBDC

If the United Kingdom wants to launch a digital pound, it will need to update its finance and data laws. That’s according to a Monday...

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BNPL Helps UK Consumers Manage Expensive Vehicle Repair Costs
BNPL Helps UK Consumers Manage Expensive Vehicle Repair Costs
May 22, 2023  |  Buy Now Pay Later

Ukraine war-induced supply chain disruptions coupled with a biting cost of living crisis in Europe have led to a record slump in new car sales in the...

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UK Treasury Committee Proposes Regulating Consumer Crypto Trading as Gambling
UK Treasury Committee Proposes Regulating Consumer Crypto Trading as Gambling
May 19, 2023  |  Cryptocurrency

Consumer trading in cryptocurrency should be regulated not as a financial service but as gambling. So said the Treasury Committee composed of Members of Parliament (MPs) from...

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Circle Says Lack of Direct EMI Access to EU Central Bank Accounts Stifles Payments Innovation
Circle Says Lack of Direct EMI Access to EU Central Bank Accounts Stifles Payments Innovation
May 19, 2023  |  Cryptocurrency

To access central bank accounts in the European Union (EU) today, electronic money token (EMT) issuers, and by extension all electronic money institutions (EMIs), have...

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Coinbase Expands Coinbase One Subscription Offering to UK, Germany, Ireland
Coinbase Expands Coinbase One Subscription Offering to UK, Germany, Ireland
May 18, 2023  |  Cryptocurrency

Coinbase has added boosted staking rewards to its Coinbase One subscription offering. The cryptocurrency exchange platform has also expanded the availability of Coinbase One from the United States...

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London-Based Seedcamp Launches $180 Million Fund to Back European Entrepreneurs
London-Based Seedcamp Launches $180 Million Fund to Back European Entrepreneurs
May 17, 2023  |  Startups

Seedcamp has launched a $180 million fund to back European entrepreneurs. The London-based seed-stage venture capital (VC) fund will use its Fund VI to lead investment...

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