The City View: Aviva CEO calls out City sexism, and recession likely May 11, 2022 Today Andy Silvester talks to City A.M. reporters Leah Montebello and Jack Barnett. Jack takes us through a prediction by the National Institute of Economic and Social Research of a technical recession at the end of the year, and talks inflation worries; and Leah discusses ITV’s new streaming service, and Channel 4’s partnership with YouTube. [...]
Exclusive: Moneybox sails past crowdfunding target as it readies crypto push May 11, 2022 London wealth management fintech Moneybox sailed past funding targets today as it bagged £4.9m crowdfunding to fuel its expansion into crypto and individual stock trading.
Lloyd’s of London licensed broker launches crypto insurance product May 11, 2022 A Lloyd's licensed insurance broker has launched a dedicated crypto product to shore up legal protections for digital asset firms.
London-based Fasanara Capital launches $350m crypto VC fund May 11, 2022 London-based asset manager Fasanara Capital is betting big on crypto with the launch of a $350m (£283m) dedicated fund.
Italian restaurant in Llandudno offers crypto as a payment option May 11, 2022 An Italian restaurant in the heart of Welsh seaside resort Llandudno is claiming to be the first eatery in Wales to accept cryptocurrency.
France’s drive to become European crypto hub blasted over regulation holes May 11, 2022 France’s sudden interest in creating a European hub for the cryptocurrency industry has been called into question over its approach to regulation.
Coinbase slides 12 per cent as institutions back off May 11, 2022 Crypto exchange Coinbase tumbled 12.6 per cent yesterday after unveiling disappointing first quarter results amid a market slump.
Bitcoin and Ethereum level off, but do they have further to fall before the bottom’s in? May 11, 2022 Bitcoin is currently changing hands for around $30,500 - down five per cent over the past 24 hours.
1 Minute Market Rundown – 11th May 2022 May 11, 2022 Trade the ExtremesTerra/LUNA Still Under Significant PressureUSD Remains Elevated Wall Street advanced yesterday giving the markets some much needed respite from the relentless pressure it has been under of late. Asian stocks followed suit as data highlighted that the number of covid cases in China were in decline. There were a couple of FED officials [...]
Government vows to ‘drive dirty money’ out of the UK economy through new Economic Crime bill May 10, 2022 The UK government has vowed crack down on “kleptocrats, criminals, and terrorists” by driving “dirty money” out of the UK economy through its new Economic Crime Bill. The new bill is set to boost transparency, strengthen powers to seize and recover crypto assets, and bolster the investigative powers held by Companies House. Anti-corruption campaigners [...]