The London Stock Exchange is actively exploring 24-hour trading to meet growing demand from retail investors and address declining market activity. Inspired by similar initiatives from US exchanges and responding to competition from crypto’s around-the-clock trading, the LSEG is evaluating the regulatory and technological requirements needed to launch continuous trading. With London facing a sharp drop in new listings and investor withdrawals, exchange officials hope this bold move will boost volumes and reinvigorate the city’s capital markets.
Source: SeekingAlpha All
Dogecoin Surges to 5-Month High as Institutional Demand and ETF Speculation Fuel Rally
Dogecoin (DOGE) soared over 30% this week to touch $0.27, its highest price since February 2025, as institutional wallets accumulated billions of tokens. The meme coin’s breakout is linked to a broader "altcoin season," with investors shifting from Bitcoin to other cryptocurrencies, as well as growing speculation about a potential DOGE ETF. Momentum is further supported by increased regulatory clarity in the U.S. and the rapid expansion of real-world asset tokenization.
Source: Finance Magnates
Revolut Sets Up Paris Headquarters as London Fintech Scene Loses Shine
Revolut, the UK’s largest fintech, will establish its Western Europe headquarters in Paris, planning over €1 billion in local investment and a French banking license application. While not abandoning London entirely, the move signals a growing preference by financial innovators to base core EU operations within the bloc amid post-Brexit uncertainty and regulatory hurdles in the UK. This high-profile decision may accelerate the talent and capital shift away from London, challenging its status as Europe’s leading fintech hub.
Source: Finance Magnates
UK Plans Multi-Billion Bitcoin Sale to Address Budget Gap
Facing a projected £20 billion budget shortfall, the UK government is considering selling over £5 billion (approx. $6.7B) in Bitcoin assets seized mainly from a major 2018 criminal case. The potential sale—one of the largest state liquidations of digital assets—comes as Chancellor Rachel Reeves seeks alternative revenue sources ahead of the autumn budget, highlighting the increasing fiscal relevance of crypto assets for governments.
Source: FinanceFeeds
IFX Payments May Scrap Argentex Acquisition as Broker Collapses into Administration
IFX Payments may withdraw from its planned £3 million acquisition of Argentex Group after the UK FX broker entered administration due to funding issues triggered by market volatility and risky margin policies. Argentex, once valued at £120 million, faces possible liquidation, and the episode highlights intensifying regulatory scrutiny on risk management within the wholesale trading sector.
Source: Finance Magnates
Banks Pressure OCC to Slow Crypto Firm Approvals Amid Heightened Policy Debate
US banking giants, led by the American Bankers Association and supported by major institutions, are urging the Office of the Comptroller of the Currency (OCC) to pause approvals of trust-charter applications from crypto companies. The coalition’s letter flagged risks related to financial stability and regulatory arbitrage, reflecting growing concern within traditional banking over aggressive expansion by digital asset players into core payment and trust services.
Source: FinanceFeeds
London-Listed Companies Sound Profit Alarms Amid Policy Uncertainty and Weak Confidence
A new report by EY-Parthenon finds a surge in profit warnings from London-listed firms, attributing worsening outlooks to rapidly shifting government policies that stifle business confidence and investment. Companies cite erratic regulation and decision-making paralysis, adding to existing pressures on the UK capital markets as listings, trading volumes, and valuations remain under threat.
Source: This is Money UK
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