FTSE 100 Live: Stocks slump as oil rises; Reeves tax hikes trigger borrowing boost April 23, 2026 Good morning and welcome back to the City AM liveblog. An extended ceasefire may have been announced in the Middle East, but its left markets with major appetite for further peace before investor sentiment recovers. Brent crude – the international benchmark for oil prices – was trading back over the $100 mark on Thursday morning. [...]
Eight London sites raided in peer-to-peer crypto trading bust April 22, 2026 The City watchdogs, working with HMRC and the Regional Organised Crime Unit, have carried out the first crackdown on illegal crypto trading across multiple London locations. The enforcement targeted eight premises in London suspected of illegal peer-to-peer crypto trading by the Financial Conduct Authority (FCA). The traders were issued cease-and-desist letters at each site, notifying [...]
FCA crypto U-turn – everything retail investors need to know April 22, 2026 After banning crypto Exchange-Traded Notes (ETNs) for retail customers in January 2021, the Financial Conduct Authority (FCA) reversed its position in October 2025, meaning retail investors can once again purchase exchange-listed crypto instruments, such as ETNs. According to FCA research, conducted in conjunction with YouGov, 91 per cent of UK consumers are aware of cryptoassets. [...]
Nigel Farage’s crypto punt is unlikely to end well April 22, 2026 Nakamoto, a Bitcoin treasury company that promised a similar vision to Farage’s Stack BTC, is a cautionary tale for investors, says Tim Focas Nigel Farage’s £275,000 stake in Stack BTC, a London listed Bitcoin treasury company chaired by Kwasi Kwarteng, certainly guarantees headlines, but unfortunately, it also attracts copycat investors. Through his ironically named Thorn [...]
Alpaca Expands into Europe with WealthKernel Acquisition and Launch of European Equities Trading April 21, 2026 Alpaca has completed its acquisition of European fintech WealthKernel, which will now operate as Alpaca Europe The acquisition gives Alpaca a regulated brokerage and custody presence across the UK and EU Alpaca is also launching European equities trading, beginning with Germany’s Xetra exchange, with Euronext markets and the London Stock Exchange expected to follow
The mysterious media moguls behind London’s pink slime propaganda machine April 21, 2026 Private jets, council estates and links to the Kremlin: Steve Dinneen goes looking for the owners of a pink slime propaganda machine Standing outside a squat, residential tower block on the outskirts of Harlow on a grey winter afternoon, it seems hard to believe this is the headquarters of a media organisation with links to [...]
Revolut’s blockbuster IPO is two years out, says Nik Storonsky April 20, 2026 The boss of Revolut has ruled out a public listing for the next two years in a move that extends the Treasury’s timeline to shore up one of Europe’s most-desired IPO prospects. Nik Storonsky, the straight-talking founder of Revolut, said a public debut was “two years away”. “We’re a bank, and for a bank, it’s [...]
Anchored Launches US Tokenized Stocks to Expand Global Investor Access April 16, 2026 Anchored, the global digital operating system for real-world assets, today announced the launch of its first product, tokenized US stocks on Monad’s high-performance Layer 1 network, starting with the top 10 Nasdaq-listed equities via its Monday Trade integration. The launch is powered by Alpaca, a leading global provider of brokerage infrastructure APIs and an infrastructure [...]
Chelsea score £10m commercial boost with major sponsorship renewal April 16, 2026 Chelsea FC have extended their £10m-a-year training kit sponsorship deal with crypto platform BingX into a fourth season. The agreement will see the Singapore-headquartered firm remain on the front of the shirts worn by the men’s team in training and for pre-match warm-ups. An early renewal is a boost to Chelsea’s commercial department, which has [...]
OKX Launches X-Perps in Europe: MiFID Regulated Crypto Derivatives with up to 10x Leverage April 15, 2026 Market-leading advanced margining capabilities through a unified account, including multi-asset and multicurrency mode