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Standard Chartered has become the first global systemically important bank to offer digital asset spot trading to institutional clients.
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UK-based challenger bank Starling is considering listing on the New York Stock Exchange as part of its US expansion plans.
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In a UK-first, Lloyds Banking Group and Aberdeen Investments have used tokenised real-world assets as collateral for foreign exchange trades.
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Signicat has acquired Dutch firm Inverid, a provider of NFC-based digital identity verification technology, to expand its identity verification capabilities across Europe.
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Rachel Reeves, UK Chancellor, announced reductions to allowance for tax-free cash savings in a push to get the public to allocate more funds into stocks and shares to boost the economy. However, backlash from building societies and banks has led to these plans being shelved.
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