Europe’s MiCA is finally here. How will the US respond?

The first wave of the European Union’s groundbreaking, comprehensive legislation on digital assets comes into effect on Sunday. With the Markets in Crypto-Asset Regulation framework, Europe has managed to do what other jurisdictions, including the US, are still avoiding: providing legal and regulatory clarity for not just one part of the digital asset market, but … Read more

Why lawyer Keir Starmer could struggle to restore the city’s swagger

Painful new taxes were introduced under the Conservatives. The bank levy brings in around £1.5 billion a year to the Treasury. The bank surcharge, introduced to prevent lenders benefiting from corporate tax cuts, has raised £2.5 billion in the 2022-2023 period, although that revenue is declining now that corporation tax has risen again. Matthew Lesh … Read more