these digital assets are produced by private businesses. A Central Bank Digital Currency (CBDC) scheme has been created in England. A digital pound would function essentially like an electronic form of money that could be used for regular transactions. Although it wouldn’t accrue interest like a typical savings account (or even certain current accounts), it may widen access to financial […]
These will be inherited by King Charles III. King Charles III officially became the new monarch after his mother, Queen Elizabeth II, passed away on September 8, 2022. Her passing not only involves the transfer of the crown but also a shift of her personal wealth and the ownership in trust of a portfolio of assets. This ranges from iconic […]
Cryptocurrency continues to increase in prominence in India and with it comes cryptocurrency influencers. According to a Knight Frank report, 18% of Indian ultra-high net-worth individuals (UHNWIs) invested in cryptocurrency and relevant assets in 2021. UHNWIs are those who have a net worth of $30 million or more. In its Wealth Report, Knight Frank said that 18% of the wealthiest Indians […]
Sukhdev Singh, aged 73, of Leeds, was jailed for five and a half years for fraud. The accountant stole £330,000 from a man with learning difficulties. York Crown Court heard that Singh had promised the victim’s father he would look after his son, who has the mental age of 12 and was unable to look after his financial affairs. The […]
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