Sterling Weakens as Soft Data Supports BoE Rate View

LONDON, Oct 25 Reuters The British pound extended the previous day39;s losses on Wednesday after gloomy economic data affirmed the view that the Bank of England will likely hold rates steady when it announces its policy decision next week. Data on Tuesday showed a labour market that was loosening, while the flash reading of the SP Global […]
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Crypto Firms Failing to Spell Out Risks, says UK Watchdog

LONDON, Oct 25 Reuters Britain39;s financial watchdog said on Wednesday that firms marketing cryptoassets are failing to highlight risks properly to consumers, such as by publishing warnings that are too hard to read. Britain39;s Financial Conduct Authority had new powers from Oct. 8 to regulate cryptoasset promotions, and said it has found three common issues […]
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BlackRock BTC ETF Added to Eligibility File, Clearing House DTCC

Potential ETFs added to DTCC file as 39;standard practice39;DTCC BlackRock iShares Bitcoin Trust ETF added in AugustDTCC Move is not indicative of regulatory approvalDTCC Bitcoin holds gains made on ETF approval speculation SINGAPORE, Oct 25 Reuters BlackRock39;s proposed bitcoin exchangetraded fund ETF was added to a clearinghouse eligibility file in August, but the move is not […]
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