Exclusive: Coinbase to ‘hire like crazy’ in the UK June 11, 2025 Coinbase is ramping up its UK presence with plans to hire more staff and deepen investment, as the country moves towards a new era of crypto regulation and increasing mainstream adoption. “We’re going to be hiring like crazy in the UK”, Coinbase’s UK lead Keith Grose told City AM, before adding that London will continue [...]
London SXSW in review: Where was the vibe? June 10, 2025 A lot to love, but a lot to improve. Was the first year of London SXSW a success? Paul Armstrong gives his verdict.
Reform lost their businessman – what does this mean for the party? June 6, 2025 Barely a week ago, Zia Yusuf was hosting journalists in the City, trying to sell them on Reform’s crypto plan. But things quickly went awry for the Reform party chairman. On Wednesday, Yusuf publicly contradicted Reform MP Sarah Pochin’s call in Parliament for a burqa ban. On Thursday, he resigned. The chairman announced he was [...]
FCA lifts ban on crypto trackers in growth push June 6, 2025 The Financial Conduct Authority is poised to lift its ban on offering a type of crypto tracker to retail investors even though it could mean they “lose all their money”, in the latest sign of loosening financial red tape in a bid to help kickstart growth. The City watchdog has proposed allowing investment platforms to [...]
Calls to overhaul UK’s ‘outdated’ sanctions regime June 5, 2025 Experts are calling for an overhaul of the UK’s “outdated” sanctions regime, which is “ill-equipped” to face modern forms of crime and conflict. Former justice secretary Robert Buckland has argued for reforming the UK sanctions system to better suit modern threats, writing in a report by the Adam Smith Institute (ASI). The Sanctions and Anti-Money [...]
CMC Markets eyes Web 3.0 as profit jumps June 5, 2025 Profit at the Lord Cruddas-founded CMC Markets jumped 33 per cent last year to £84.5m, as the group launches a new campaign to enter the ‘Web 3.0’ space. Net operating income came in at £340.1m, a two per cent increase on the previous financial year but below expectations of £359m, the firm revealed in its [...]
The Capitalist: ABBA legend speaks to near-empty room at SXSW London as £1k pass-holders left outside June 5, 2025 Mishaps at London SXSW, fishticuffs at London restaurants and a Bitcoin breakfast with Reform at The Shard; catch up on the latest gossip.
IG Group stock dips after UBS downgrade June 4, 2025 IG Group has been downgraded by UBS, sending its stock price down amid fears over the weakness of the US dollar. The FTSE 250 trading firm was downgraded from a ‘Buy’ to ‘Neutral’ by UBS analysts, who cited its relatively high valuation and growth challenges. IG Group’s stock price surged more than 15 per cent [...]
Gambling ban could cut Premier League sponsorship income by 60 per cent June 3, 2025 Premier League clubs could be set for a financial day of reckoning with the voluntary gambling sponsorship ban set to cut income by up to 60 per cent, according to industry experts. Research suggests that some clubs could lose over half of the revenue they currency enjoy as a result of gambling sponsors when the [...]
IG Group: First crypto trading launch for UK-listed firm June 2, 2025 IG Group has become the first UK-listed company to launch crypto trading to retail investors, with the FTSE 250 firm debuting the feature amid a surge in policy pitches meant to woo digital currency investors. Customers on the trading platform can now buy, sell and hold crypto assets, with IG Group charging 1.49 per cent [...]