US vows to target crypto exchanges that allow sanctioned oligarchs to use their services March 12, 2022 The US has said it plans to target cryptocurrency exchanges that help sanctioned oligarchs move dirty money. The US Department of Justice’s (DoJ’s) KleptoCapture taskforce, which was set up this month to enforce sanctions on Russian oligarchs, is set to prosecute banks and cryptocurrency exchanges that fail to prevent sanctioned individuals from using their services. [...]
Barclays suspend Chelsea FC bank account: Reports March 11, 2022 Barclays has temporarily suspended Chelsea FC’s bank account as it assesses the impact of sanctions, according to multiple reports. The club’s owner Roman Abramovich was placed on the UK’s sanctions list yesterday morning over his links to Vladimir Putin and his part-ownership in a firm allegedly linked to the production of Russian military equipment. The [...]
How sports teams can harness the power of the metaverse March 11, 2022 Protokol CEO Lars Rensing discusses how sports teams can use innovative new technology to help secure their place in the digital world, as well as the physical one.
Revolut executive walks out for crypto startup March 11, 2022 Revolut's chief revenue officer Alan Chang is exiting the British fintech company to pursue a new crypto venture.
Costa Navarino is the best new golf spot in the world March 11, 2022 Surrounded by views of the ocean, the mountains, and the valleys of Messinia in the southwest Peloponnese, it’s no surprise that Greece’s Costa Navarino was named the World’s Best New Golf Development at the 2020 World Golf Awards. With two new courses designed by Masters winner José María Olazábal, Costa Navarino has now arrived as [...]
Tech Weekly: Head of FTX Europe on Tomorrowland and making crypto mainstream March 11, 2022 On this episode of Tech Weekly, City A.M. reporters Lily Russell-Jones and Charlie Conchie talk to Patrick Gruhn, head of crypto exchange FTX’s Europe division, about the company’s expansion; its collaboration with the Tomorrowland music festival; and its plans to make crypto mainstream. Nasson, Lily and Charlie also talk about the latest funding news in [...]
FCA orders crypto ATM operators in UK to shut down all machines now or face punishment March 11, 2022 The Financial Conduct Authority has told the operators of all 81 Bitcoin ATMs in the UK to shut the machines down immediately, or face enforcement action.
Most millennial investors think they will be financially stronger after the pandemic March 11, 2022 More than 60 per cent of millennial investors believe they’ll be financially stronger after the pandemic then before it. While coronavirus had a devastating impact on many parts of the economy, those aged 18-34 saw it as an opportunity to enter different markets. The majority of millennials looked to adapt to the ‘new normal’, according [...]
TfL unveils long-term plan for buses prioritising faster journeys and environment March 11, 2022 Transport for London has unveiled its long-term plan for buses, putting faster journeys and the environment at the centre of the agenda. Under the new Bus Action Plan, journeys will be 10 per cent quicker than in 2015, while all bus related deaths and injuries will be eliminated by 2030. The public body has also [...]
Law giant CMS closes Moscow offices after coming under fire for links to oligarchs March 11, 2022 European law giant CMS has said it will close its Moscow offices and withdraw from the Russian market, after Conservative MP Bob Seely named CMS partner Geraldine Proudler as one of four “amoral” lawyers working for oligarchs to silence the press. In a post on Linkedin today, the law firm said it had decided that [...]
