The Fintech Race Sees the U.S. Playing Catch up to the U.K.

As the U.K.’s Financial Conduct Authority accepts 24 applicants to take part in its FinTech sandbox, a House bill in the U.S. has been introduced aiming to prevent financial businesses from moving to the U.K. At the British Bankers’ Association conference, Christopher Woolard, director of strategy and competition at the FCA, gave a two-year progress […]

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FBI Arrests U.K. Politician Ally for Crimes including Extorting Bitcoin

George Cottrell, an ally to U.K. politician Nigel Farage, has been arrested by the FBI on charges of laundering drug money and asking drug dealers to pay him 62,000 pounds in bitcoin, according to The Telegraph, a U.K.-based newspaper. Cottrell was in custody awaiting trial on 21 charges that include money laundering, fraud, and attempted extortion. […]

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Global Blockchain Consortium Agentic Group Opens London Office To Boost U.K. Fintech

Agentic Group, a New York City-based global blockchain consortium, has seized an opportunity to boost the U.K. fintech sector following the Brexit vote with the opening of a London office. The consortium, formed in 2015 to provide a cohesive voice on the financial implications of blockchains and digital currencies, has more than 35 blockchain and […]

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