France says EU’s ‘Made in Europe’ law should not include the UK
‘If you’re not in the internal market, you don’t get the same protection,’ says French minister of policy designed to curb Chinese competition
Regulation
Launch of UK’s ‘largest AI supercomputer’ delayed by power supply problems
A huge datacentre project hailed by the UK government will miss its launch date next year and could be delayed into the mid-2030s.
BBC ‘risks entering inescapable doom spiral’ as further cuts hit TV and radio
Warning from union comes as corporation cuts local specialist correspondent roles as part of plan to save £500m
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Ledger — The industry-standard cold wallet
Keep private keys offline and manage assets through the Ledger Live app.
New York moves to block Polymarket from the state, alleging it’s running an illegal gambling operation
New York has sued Polymarket, accusing it of operating an illegal gambling operation and asking a court to block it from operating.
Reported assaults on Great Britain’s railways rise by fifth in a year
Unions say record high of nearly 25,000, including assaults on rail workers and public, shows need for more staff and policing
Firms fined £1.3m after man killed by falling window from luxury property in London
Two companies have been fined a total of £1.3m over health and safety breaches after a coach driver was killed by a falling window pane.
TikTok drops appeal against £12.7m fine for not keeping under-13s off platform
TikTok will pay a £12.7m fine to the UK’s data watchdog after dropping an appeal against a ruling that it did not do enough to keep children below the age of 13 off the platform.
Ondo launches onchain portfolio tokens based on BlackRock-developed strategies
New Ondo Intelligent Portfolios offer portfolio tokens based on portfolio strategies developed by BlackRock for use by Ondo, bringing professionally designed portfolios delivered as single onchain tokens for eligible in…
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CoinTracking — Track gains across every wallet
Portfolio analytics and tax reporting trusted by over a million users.
Solana Foundation taps Binance, Polygon vets to drive institutional adoption and payments
Solana Foundation appointed Rachel Conlan as chief strategy officer and former Polygon Labs exec Jamal Raees as GM of payments.
EU's financial regulator to make AI and tokenization a supervisory priority in 2027
The European Securities and Markets Authority (ESMA) said it would make AI, tokenization and other emerging technologies relevant to finance a new supervisory priority from 2027.
HIFI raises $37 million Series A to expand tokenized capital markets infrastructure
The funding follows HIFI's role in DTCC's July tokenized-asset trades and a September Visa partnership for stablecoin-funded payouts.
ECB Executive Board member Isabel Schnabel to resign to take senior role at IMF
Isabel Schnabel, member of the Executive Board and the Governing Council of the European Central Bank (ECB), has informed President Christine Lagarde that she will step down from her position on 3 January 2027.
Flash sale: AO snaps up camera seller Jessops from Dragons’ Den star Peter Jones
The troubled camera retailer Jessops has changed hands after AO World acquired the business from the Dragons’ Den star Peter Jones.
EU banking watchdog calls for crypto lending rules under MiCA
The EBA outlined potential rules for crypto lending and firms providing access to DeFi protocols as part of the European Commission’s MiCA review.
IBM connects Digital Asset Haven to Swift blockchain ledger for tokenized deposit transactions
IBM Digital Asset Haven clients can now connect to Swift's shared ledger and instruct tokenized deposit transactions.
Housebuilder Vistry slashes profit forecasts as losses balloon
Vistry Group, one of Britain’s biggest housebuilders, has cut its annual profit expectations after half-year losses ballooned as it grappled with a £600m pile of unsold homes.
Philip R. Lane: The outlook for the euro area economy
It is an honour to be invited to contribute to the Asian Monetary Policy Forum. My topic today is to examine the role of Europe in the world economy.[1] International trade, international finance, international technolo…
Alarm bells sound in Brussels as EU sales of Chinese hybrid cars rocket
Sales of Chinese hybrid cars have rocketed in the EU in the past four and a half years, new data shows, underlining growing concerns in Brussels over the future of the European car industry.
Brooklyn man gets up to 12 years over $16 million Coinbase social engineering scheme
A court sentenced 23-year-old Ronald Spektor to four to 12 years in prison for a $15.9 million Coinbase phishing scheme.
Japanese 10-yr bond yields soar to 30-yr high amid bets on more rate hikes
According to some veteran Wall Street analysts, the most favorable combination for the market is a small rate hike accompanied by a clear data-dependent stance, allowing investors to interpret it as a limited and modera…
Judge orders Trump to restore White House media access to banned outlets
Federal Judge Timothy Kelly has ordered the Trump administration to temporarily reinstate CNN, MS NOW and Politico’s access to the White House after they were banned from the premises by President Donald Trump.
UK losing up to £6.5bn a year in EU trade due to mismatched product rules
The UK is losing out on annual exports to the EU that could be worth as much as £6.5bn without a deal with Brussels that allows manufacturers to jettison duplicate product testing.
Australia launches investigation after OpenAI agent hacked healthcare database
Anthony Albanese says an artificial intelligence agent developed by OpenAI hacked Medicare in June and the tech giant notified the government earlier this month using an email sent to a “public mailbox”.
‘It’s Go Time’: CFTC To Write Crypto Rules Without Congress After CLARITY Act Fails
The CFTC says it will move forward with clear crypto market rules on its own, despite the CLARITY Act failing to pass. “The agencies have a ton of existing statutory authority. The President was prepared for it, we’re p…