HMRC holds Bitcoin amid plans to seize crypto from tax evaders
HMRC are considering introducing rules that will enable them to seize cryptocurrency from businesses that fail to pay tax. The government is considering proposals that would...
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Binance suspends sterling transfers after crypto crash
British customers of the world’s largest cryptocurrency exchange face being unable to withdraw their money from the platform for months. Binance has been forced to suspend...
Revolut investor slashes $5 billion from fintech’s valuation
A Revolut investor has written billions off its $33bn (£28bn) valuation, two years after the finance app became Britain’s most valuable start-up. The American investor Triplepoint...
British fintech champion accused of ‘systematic’ failures in anti-terror controls
British financial technology pioneer Railsr has been accused of gross anti-terrorist financing and money laundering failures at its Lithuanian subsidiary as it struggles to find a...
Freetrade considers selling as buzzy ‘fintech’ stocks crumble
Stock trading app Freetrade is preparing to tap advisers for a possible sale as financial technology start-ups come under pressure. Freetrade, which was last year valued...
FTX crash risks triggering too strict rules for fintech, warns Klarna boss
The head of “buy now, pay later” (BNPL) firm Klarna says he fears the implosion of FTX will lead to an overly harsh regulatory crackdown on...
New Orleans opens First Cocktail Bar with NFT membership ShaSha Lounge
ShaSha Lounge Social Aid and Pleasure Club is New Orleans’ first cocktail lounge to offer NFT membership, opened in 2023 and founded by chef Nina Compton...
Revolut meets the moment of truth when the fintech bubble threatens to burst
For a company that likes to reward success, Revolut’s daily work culture is fast-paced and demanding, typical of many ambitious startups. A neon sign at Canary...