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Malone Lam, a 22-year-old Singaporean national, pleads guilty to leading an international social engineering scheme to steal and launder $245M in cryptocurrency (Sarah Wynn/The Block)

Sarah Wynn / The Block : Malone Lam, a 22-year-old Singaporean national, pleads guilty to leading an international social engineering sch...

30 July 2025

Klarna gets an electronic money institution license for its UK division, which could let it directly compete with Revolut and Monzo for retail bank customers (Aisha S Gani/Bloomberg)

Aisha S Gani / Bloomberg:
Klarna gets an electronic money institution license for its UK division, which could let it directly compete with Revolut and Monzo for retail bank customers  —  Klarna Group Plc said it has received an electronic money institution license for its UK division, which could lay the ground work …

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