Bank of England’s PRA raises budget $31M for ‘emerging risks’ like crypto

The Bank of England’s regulatory arm has raised its budget by $31.6 million, or 24.3 million Great British pounds, for the coming financial year. It said that costs have increased due to its growing r...

U.K.’s PRA Wants to Raise $419M for Stronger Asset Framework

U.K.’s Prudential Regulation Authority (PRA) is looking to raise funds to increase crypto scrutiny and combat other financial risks, according to recent reports. The banking regulator will reportedly ...