The UK is tightening its grip on crypto. Recently, people in the UK can't access certain Ledger blog pages, like the one explaining multisig wallets. When they try, they see a message: "Due to new rules in the UK, certain Ledger. com webpages are restricted. " This isn't just about Ledger. It's par
FPT, a big tech company, is teaming up with two major banks in Taiwan to bring their services into the digital age. This isn't just about making things look pretty; it's about making banking safer, smoother, and more efficient for everyone involved. First up, FPT is working with OBank to revamp the
The Bank of England has decided to keep interest rates at 4%, a choice made by a very small margin. The panel thinks inflation, which is how fast prices go up, has reached its highest point. But they want to see more proof before they lower rates. The governor, Andrew Bailey, is in a tough spot. He
Scammers are getting smarter and more sneaky. They pretend to be your bank and trick you into giving them your money. The Federal Trade Commission says people lost over $2. 9 billion to these scams. These crooks use fake caller IDs and even fake voices to sound like real bank employees. Scammers fo
Bradley Heppner, once a prominent figure in the financial world, now faces serious allegations. The U. S. Department of Justice has charged him with securities fraud, wire fraud, and other crimes. These charges are tied to his time as the chair of GWG Holdings, a financial services company that went
Sam Bankman-Fried, the former big shot of the crypto world, is not giving up. His legal team is making a big push to overturn his conviction. They say he didn't get a fair trial. The judges will listen to their arguments soon. Bankman-Fried was found guilty of some serious charges. He was accused o
The International Finance Corporation (IFC), a key player in global development finance, is shifting its focus to boost local-currency lending and direct investments in African companies. This move aims to help projects grow big enough to catch the eye of major global investors. Makhtar Diop, the IF
Amazon is making big moves in AI. They've added a lot of power to their cloud services. This is more than any other company in the same time. But this growth comes with a cost. Amazon is cutting jobs. They've already laid off 14, 000 people. And more cuts might come next year. This has raised concer
Marco Voci has taken a new role at Houlihan Lokey, a big name in investment banking. He's now a Managing Director in their Consumer Group, based in London. His job? To focus on active lifestyle, branded consumer products, and luxury goods in Europe, the Middle East, and Africa. He'll team up with ot
Wall Street is going all-in on AI, and the big banks are leading the charge. JPMorgan Chase, for instance, has a massive technology budget of $18 billion, with a significant chunk dedicated to AI. The bank's CEO, Jamie Dimon, is a big fan of their generative AI suite, which has been rolled out to ov
