HSBC acquires SVB UK for £1 March 13, 2023 HSBC has announced it has acquired Silicon Valley Bank Limited UK for a pound, following a weekend of round-the-clock negotiations.
How the UAE has established itself as a global front runner in the race to regulate digital assets March 10, 2023 Max Davis of Charles Russell Speechlys sings the praises of the UAE and its bespoke approach to regulation of the crypto industry.
Five best read on City A.M.: EY ‘business as normal’, 1,300 Lloyds Pharmacies up for closure, Cameron Smith, F1 ‘marriage’ on the rocks and crypto ban March 10, 2023 EY’s decision to push ahead with mid-year promotions after KPMG called off its April round was this week’s best read story on City A.M. It had some stiff competition with sporting heroes Cameron Smith and Lewis Hamilton vying for readers’ interest, not to mention news of a crypto ban and high street closures. We look [...]
Last week’s optimism in the crypto markets has all but evaporated March 10, 2023 Jason Deane takes a look back over a curious week in crypto - a period that has quickly seen market confidence fizzle out.
To de- or not to de-centralise? That is the question that will decide the Web3 future March 10, 2023 Nate is Head of Web3 Product at OKX, the second-largest crypto exchange by trading volume. The battle over the future of money is underway, and it’s most often characterised as being between two belligerents – traditional finance and crypto/Web3. Although this contrast is catchy – it’s easy to picture Windsor knots and tailored suits versus [...]
KuCoin hit with lawsuit from New York Attorney General March 9, 2023 New York Attorney General Letitia James has filed a lawsuit against KuCoin for "failing to register as a securities and commodities broker-dealer and falsely registering itself as an exchange".
PLANET CRYPTO: Poor scammers feeling the squeeze as crypto crime revenues tumble March 9, 2023 The trumpeters of titillation at Planet Crypto have this week been compromised by an unexpected and unwanted visitor...
Silvergate Bank: Smoke on the water turns to fire in the sky March 9, 2023 Auditchain's Jason Meyers casts a critical eye over events leading up to Silvergate Bank winding down its operations.
Mt. Gox customers will have to wait until November before any lost Bitcoin funds are returned March 9, 2023 Almost a decade on, customers of collapsed crypto exchange Mt. Gox could see some of their Bitcoin funds returned by the end of the year.
US Senator exposes hypocrisy over energy use in Bitcoin mining March 9, 2023 Crypto AM columnist Nigel Green insists that, compared to other industrial consumers of energy, Bitcoin mining is remarkably sustainable.