In a development that marks Britain latest crackdown on crypto trading, the country’s Financial Conduct Authority (FCA) said, CoinBurp, a crypto broker, is not fully authorised to continue operations. The development comes at a time when CoinBurp planned on launching its $BURP token and initial exchange offering (ICO). CoinBurp could start business under its temporary…
The large majority of cryptocurrency firms are not meeting Britain’s anti-money laundering and financing rules, said the country’s financial watchdog warning that an unprecedented number of them have withdrawn applications to register with it. In a statement, the Financial Conduct Authority (FCA) said, it would extend the date of its temporary registrations regime from July…
Rogue internet operators have targeted some of London’s top hedge funds and asset managers by cloning their websites and names in an attempt to dupe unsuspecting investors. Although few individuals are known to have fallen to this scam, two of Europe’s most prominent investors Winton and Algebris are among the highest profile names to be…
On Tuesday, sources with knowledge of the matter at hand disclosed, Fiat Chrysler Automobiles NV’s board is scheduled to meet later this afternoon to consider taking the next steps toward a proposed merger with French automaker Peugeot SA. Peugeot’s board is also expected to meet this afternoon and is expected to consider a memorandum of…
FCA plans on launching the 500 BEV first in European markets. Production will commence in the second quarter of 2020. With Fiat Chrysler moving on following its failed bid to merge with France’s Renault, the carmaker announced it plans on investing $788 million (700 million euros) to create an electric makeover of its iconic Fiat…
Tech companies are increasing going up the value chain for automakers. This partnership is the latest example of this strategic tie-up. In a development that marks the latest collaboration between Silicon Valley and automakers, Aurora, a self-driving car software startup stated it will be partnering with Fiat Chrysler to build autonomous platforms for commercial vehicles.…
The NCA is investigating whether a government translator with access to wiretap recordings has tipped-off the target of an insider-trading investigation. As per a report from the Wall Street Journal, the UK National Crime Agency (NCA) is examining allegations that an employee has leaked information to a suspect for money, thus undermining a probe into…
The California Air Resource Board and the EPA have found the automaker in violation of their respective laws. The U.S. Environmental Protection Agency (EPA) has notified Fiat Chrysler Automobiles (FCA) that it is in violation of the Clean Air Act, since its software installed in some of its diesel vehicles increased the emission of its…
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