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KPMG’s UK arm has told nearly 600 employees in its audit business that their roles are at risk, as the Big Four firm moves to cut costs in a tougher market.The proposed shake-up is expected to lead to up to 440 exits if the redundancy process goes ahead.The affected staff have been informed that they…
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The latest version of the crypto bill Clarity Act is in the spotlight mostly because of its stablecoin rules. In practice, it may land hardest on decentralized finance (DeFi) and tokens tied to it, according to a report by 10x Research. At the center of the proposal is a ban on offering yield — or…
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