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Visa’s Crypto Partner Firm Transak Confirms Data Breach, Over 92,500 Users Impacted
In an official statement, Transak revealed that the personal details of 92,554 users were exposed in a data breach. The platform, which provides a gateway for converting fiat currencies into cryptocurrency, operates in over 162 countries, according to its website.
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King Charles Currency Enter Circulation For First Time Since Coronation
British banknotes bearing the image of King Charles III entered circulation for the first time on Wednesday, nearly two years after he succeeded his mother Queen Elizabeth II.
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Explained: What Impact Will New UK Family Visa Rule Have On Indians
The United Kingdom has implemented new visa and income regulations as part of Prime Minister Rishi Sunak's plans to cut down immigration levels. As part of the changes the minimum income required to sponsor family members has been raised.
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Digital Pound Benefit Assessment Conducted in UK as CBDC Rollout Comes Close
On the order of the UK Parliamentary Committee and the House of Commons, the Bank of England and the UK Treasury have analysed the benefits that could entail the launch of this CBDC. As part of the assessment, the Bank of England said CBDCs could reduce higher payment costs faced by smaller merchants among other findings.
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UK Man Loses Rs 3 Crore In Cryptocurrency Scam, Shares Experience To Raise Awareness
Mr Thomas advises people to exercise extreme caution when connecting a cryptocurrency wallet to a trading application.
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India, UK Discuss Crypto Assets; Focus on Robust Approach to Handling Risks and Vulnerabilities
India and the UK discussed international developments regarding crypto assets at the India-UK 2nd Financial Markets Dialogue t the India-UK 2nd Financial Markets Dialogue on Wednesday. Both countries' participants at the dialogue provided updates on recent developments in their respective banking sectors. They also discussed banking trends and emer...
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UK Considering Digital Version of Pound ‘Britcoin’, Won’t Fluctuate in Value Like Crypto
UK authorities are considering a digital version of the Pound that would be backed by the Bank of England and retain its value over-time, unlike the fluctuating value of cryptocurrency. The ‘Britcoin’ would be central bank digital currency (CBDC) and would be held in a digital wallet. The digital currency could be used to pay for goods and serv...
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New UK Currency Notes With King Charles's Photo Unveiled
The first banknotes bearing the image of King Charles III are set to enter circulation by mid-2024, the Bank of England said on Tuesday as it unveiled their designs.
-
Rupee Rises To 82.20 On A Weaker Dollar After UK's Fiscal Policy U-Turn
The rupee gained on the dollar on Tuesday, driven by a broader risk-assets rally after a dramatic U-turnin British fiscal policy brightened investor sentiment.
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UK Watchdog Dismisses Criticisms On Crypto Licenses And Rejections
Crypto firms were undeterred by initial failure to obtain licences to operate in Britain and were submitting new applications, the FCA said.
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Liz Truss Gets Unwelcome Margaret Thatcher Comparison With Pound At 1985 Low
On her first full day on the job, UK Prime Minister Liz Truss has managed to evoke the memory of Margaret Thatcher in at least one regard: the sterling-dollar exchange rate.
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PS5 Price Increased in UK, Canada, Australia, More Markets Due to High Global Inflation
Sony has announced today that it is increasing the recommended retail price (RRP) for the PS5 in select markets of Europe, Middle East, Africa, Asia-Pacific, Latin America, and Canada. The company said that the decision to hike the prices has been taken due to the high global inflation rate and adverse currency trends. The company also said that th...
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How The Russia-Ukraine War Spooked Global Financial Markets: 10 Points
Over six months since Russia invaded Ukraine in what Moscow calls its "special military operation", the war has thrown global financial markets into severe turmoil as the charts below show.
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Global Digital Currency Rules Must For Cross-Border Payments: UK Think Tank
Global rules would allow central bank digital currencies to operate smoothly cross-border and speed up wholesale payments, a think tank backed by the City of London Corporation said.
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Tether to Launch ’GBPT’ Stablecoin Pegged to UK’s Pound Sterling Currency in July
Tether’s UK-focussed stablecoin initiative ‘GBPT’ will be releasing in July. This project will be based on the Ethereum blockchain during its initial roll-out. GBPT will be a stable digital asset that is pegged 1:1 to the British Pound Sterling.
-
Visa’s Crypto Partner Firm Transak Confirms Data Breach, Over 92,500 Users Impacted
In an official statement, Transak revealed that the personal details of 92,554 users were exposed in a data breach. The platform, which provides a gateway for converting fiat currencies into cryptocurrency, operates in over 162 countries, according to its website.
-
King Charles Currency Enter Circulation For First Time Since Coronation
British banknotes bearing the image of King Charles III entered circulation for the first time on Wednesday, nearly two years after he succeeded his mother Queen Elizabeth II.
-
Explained: What Impact Will New UK Family Visa Rule Have On Indians
The United Kingdom has implemented new visa and income regulations as part of Prime Minister Rishi Sunak's plans to cut down immigration levels. As part of the changes the minimum income required to sponsor family members has been raised.
-
Digital Pound Benefit Assessment Conducted in UK as CBDC Rollout Comes Close
On the order of the UK Parliamentary Committee and the House of Commons, the Bank of England and the UK Treasury have analysed the benefits that could entail the launch of this CBDC. As part of the assessment, the Bank of England said CBDCs could reduce higher payment costs faced by smaller merchants among other findings.
-
UK Man Loses Rs 3 Crore In Cryptocurrency Scam, Shares Experience To Raise Awareness
Mr Thomas advises people to exercise extreme caution when connecting a cryptocurrency wallet to a trading application.
-
India, UK Discuss Crypto Assets; Focus on Robust Approach to Handling Risks and Vulnerabilities
India and the UK discussed international developments regarding crypto assets at the India-UK 2nd Financial Markets Dialogue t the India-UK 2nd Financial Markets Dialogue on Wednesday. Both countries' participants at the dialogue provided updates on recent developments in their respective banking sectors. They also discussed banking trends and emer...
-
UK Considering Digital Version of Pound ‘Britcoin’, Won’t Fluctuate in Value Like Crypto
UK authorities are considering a digital version of the Pound that would be backed by the Bank of England and retain its value over-time, unlike the fluctuating value of cryptocurrency. The ‘Britcoin’ would be central bank digital currency (CBDC) and would be held in a digital wallet. The digital currency could be used to pay for goods and serv...
-
New UK Currency Notes With King Charles's Photo Unveiled
The first banknotes bearing the image of King Charles III are set to enter circulation by mid-2024, the Bank of England said on Tuesday as it unveiled their designs.
-
Rupee Rises To 82.20 On A Weaker Dollar After UK's Fiscal Policy U-Turn
The rupee gained on the dollar on Tuesday, driven by a broader risk-assets rally after a dramatic U-turnin British fiscal policy brightened investor sentiment.
-
UK Watchdog Dismisses Criticisms On Crypto Licenses And Rejections
Crypto firms were undeterred by initial failure to obtain licences to operate in Britain and were submitting new applications, the FCA said.
-
Liz Truss Gets Unwelcome Margaret Thatcher Comparison With Pound At 1985 Low
On her first full day on the job, UK Prime Minister Liz Truss has managed to evoke the memory of Margaret Thatcher in at least one regard: the sterling-dollar exchange rate.
-
PS5 Price Increased in UK, Canada, Australia, More Markets Due to High Global Inflation
Sony has announced today that it is increasing the recommended retail price (RRP) for the PS5 in select markets of Europe, Middle East, Africa, Asia-Pacific, Latin America, and Canada. The company said that the decision to hike the prices has been taken due to the high global inflation rate and adverse currency trends. The company also said that th...
-
How The Russia-Ukraine War Spooked Global Financial Markets: 10 Points
Over six months since Russia invaded Ukraine in what Moscow calls its "special military operation", the war has thrown global financial markets into severe turmoil as the charts below show.
-
Global Digital Currency Rules Must For Cross-Border Payments: UK Think Tank
Global rules would allow central bank digital currencies to operate smoothly cross-border and speed up wholesale payments, a think tank backed by the City of London Corporation said.
-
Tether to Launch ’GBPT’ Stablecoin Pegged to UK’s Pound Sterling Currency in July
Tether’s UK-focussed stablecoin initiative ‘GBPT’ will be releasing in July. This project will be based on the Ethereum blockchain during its initial roll-out. GBPT will be a stable digital asset that is pegged 1:1 to the British Pound Sterling.
