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Wise Seeks HMRC Settlement Over Tax Errors Affecting 4,000 UK Customers

Wise is negotiating a settlement with HM Revenue & Customs after software errors resulted in incorrect tax statements for about 4,000 UK customers using its investment products.The errors affected...

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Kalshi Takes Perpetual Futures into US Equities after CFTC Approval

Kalshi has received CFTC approval for its US500 perpetual future and opened the contract for trading, less than two months after submitting it for regulatory review. The product gives US clients...

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Revolut Reaches 5 Million Romanian Customers as 77% of Card Payments Turn Local

Revolut has surpassed five million retail customers in Romania, making the country one of its largest markets in Central and Eastern Europe.London's trading industry is coming home!The customer figure...

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Polymarket Adds Self-Exclusion and Deposit Limits for Prediction Traders

In February 2026, Lorenzo Miro San Diego sued Polymarket after losing more than $1,700 on the platform. He later said users had no way to limit how much they could lose. Polymarket is now addressing...

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$220 Million across 31,000 Markets: Polymarket Turns Stock Moves into...

Polymarket International generated more than $220 million in trading volume across approximately 31,000 equity-linked markets between October 2025 and early September 2026.London's trading industry is...

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Cards Face Up: Curaçao Leak Lifts the Lid on Who Owns Offshore Casino Brands

Blaze.com, Qbet.com, Stake and 1xBet are among the online gambling brands whose owners of record appeared in documents taken from the Curaçao Gaming Authority (CGA), the island's regulator. The...

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Revolut Wins Approval to Acquire Argentine Bank, Targets 2027 Launch

Revolut has just taken a shortcut to Argentina’s financial sector. Instead of building a new bank from scratch and obtaining a local licence, the company is acquiring Banco Cetelem, an existing...

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After Coinbase, Gemini and Kalshi, New York Takes Its Prediction Market Fight...

When it comes to prediction markets, New York Attorney General Letitia James has taken a consistent position and stuck to it. Coinbase and Gemini came first, followed by Kalshi. Now, New York has added...

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Underdog Adds External Trade Surveillance to Its Prediction Markets Platform

Underdog has deployed Eventus’ Validus platform across its prediction markets, adding third-party trade surveillance already used by traditional exchanges, futures firms and broker-dealers.London's...

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DriveWealth Security Incident Exposes Revolut, Stake and Hatch Customer Data

Some customers of Revolut, Stake and Hatch have been affected by a security incident at US brokerage infrastructure provider DriveWealth.London's trading industry is coming home!An unauthorised party...

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Revolut Lets UK Shoppers "Pay with Smile." Will Its Trading App Be Next?

Revolut started a trial today (Thursday) that lets UK customers pay in stores by looking into a camera. The first merchant is London coffee chain Kiss the Hippo, and the service, called Pay with Smile,...

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Polymarket Wants Financial Status in Europe, but It May Come with a Retail Ban

Polymarket is trying to convince EU and UK regulators that its event contracts should be treated as financial instruments rather than gambling products. That classification could provide a basis for...

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Bitpanda Crypto Framework Could Reach Raiffeisen's 18.8 Million Clients

Raiffeisen Bank International and Bitpanda Enterprise have agreed on a common framework that will allow RBI’s subsidiary banks across Central and Eastern Europe to add digital-asset services to their...

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Boku Revenue Rises 5% as It Hires Former Trustly Executive to Run Product

Boku's revenue rose 5% to $66.5 million in the first half of 2026, the London-listed payments company said today (Wednesday). Excluding $3.4 million of one-off launch pricing booked a year earlier,...

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Financial Contracts Could Capture 49% of Prediction Market Volume by 2035

Annual prediction-market volume could reach $10 trillion by 2035 as contracts linked to cryptocurrencies, equities and commodities take a larger share of trading, according to Bernstein.London's...

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Kalshi Targets Institutional Traders with Margin for Prediction Markets

Kalshi is seeking regulatory clearance to introduce risk-based margining for selected event contracts, potentially reducing the collateral required from institutional participants. Sports markets...

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Breinrock Applies for CASP and Payment Institution Licenses Under MiCA

Breinrock has submitted applications for a Crypto-Asset Service Provider (CASP) license and a Payment Institution (PI) license under the EU's Markets in Crypto-Assets (MiCA) regulation. The filings...

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Revolut Wants "Effectively Zero Risk" as a Bank. That Means Almost No Lending

Revolut plans to keep lending to a small fraction of its deposits, even after winning banking licenses in the UK and France this year. Chief Executive Nik Storonsky set out the approach in an interview...

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Could AI Threats Be Brokerage Cybersecurity’s Open-Source Moment?

Cybersecurity has always been a community-driven discipline. Threat actors collaborate openly, sharing tools, techniques and infrastructure, while defenders traditionally responded by sharing...

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eToro and Alpaca Get SEC Staff Relief for Brokerage Accounts That Hold No Cash

eToro USA Securities and Alpaca Securities won no-action relief from US Securities and Exchange Commission (SEC) staff this week for accounts that hold no customer cash. The money sits at a bank or a...

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